Cadogan Petroleum Price To Book vs. Net Income
| CAD Stock | 2.40 0.00 0.00% |
For Cadogan Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cadogan Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cadogan Petroleum plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cadogan Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cadogan Petroleum plc over time as well as its relative position and ranking within its peers.
Cadogan |
Cadogan Petroleum plc Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cadogan Petroleum's current stock value. Our valuation model uses many indicators to compare Cadogan Petroleum value to that of its competitors to determine the firm's financial worth. Cadogan Petroleum plc is number one stock in price to book category among its peers. It is rated third in net income category among its peers making up about 6,183,694 of Net Income per Price To Book. At present, Cadogan Petroleum's Net Income is projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cadogan Petroleum's earnings, one of the primary drivers of an investment's value.Cadogan Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Cadogan Petroleum |
| = | 0.20 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Cadogan Petroleum |
| = | 1.26 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Cadogan Net Income Comparison
Cadogan Petroleum is currently under evaluation in net income category among its peers.
Cadogan Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cadogan Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cadogan Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of Cadogan Petroleum's change in net profit over the period of time. It can combine multiple indicators of Cadogan Petroleum, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -163.7 M | -155.5 M | |
| Operating Income | -627 K | -658.4 K | |
| Income Before Tax | 1.3 M | 1.3 M | |
| Net Income | 1.3 M | 1.3 M | |
| Total Other Income Expense Net | 1.9 M | 2 M | |
| Income Tax Expense | 1.7 M | 1.8 M | |
| Net Income From Continuing Ops | 1.3 M | 1.3 M | |
| Net Loss | -5.8 M | -6.1 M | |
| Net Interest Income | 1.9 M | 2 M | |
| Interest Income | 1.6 M | 1.6 M | |
| Change To Netincome | 1.2 M | 1.2 M |
Cadogan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cadogan Petroleum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cadogan Petroleum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cadogan Petroleum's important profitability drivers and their relationship over time.
Use Cadogan Petroleum in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadogan Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadogan Petroleum will appreciate offsetting losses from the drop in the long position's value.Cadogan Petroleum Pair Trading
Cadogan Petroleum plc Pair Trading Analysis
The ability to find closely correlated positions to Cadogan Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadogan Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadogan Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadogan Petroleum plc to buy it.
The correlation of Cadogan Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadogan Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadogan Petroleum plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadogan Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Cadogan Petroleum position
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Other Information on Investing in Cadogan Stock
To fully project Cadogan Petroleum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cadogan Petroleum plc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cadogan Petroleum's income statement, its balance sheet, and the statement of cash flows.