Delek Drilling EBITDA vs. Cash Flow From Operations
| DKDRF Stock | USD 3.09 0.02 0.64% |
For Delek Drilling profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Delek Drilling to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Delek Drilling utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Delek Drilling's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Delek Drilling over time as well as its relative position and ranking within its peers.
Delek |
Delek Drilling Cash Flow From Operations vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Delek Drilling's current stock value. Our valuation model uses many indicators to compare Delek Drilling value to that of its competitors to determine the firm's financial worth. Delek Drilling is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in cash flow from operations category among its peers making about 0.69 of Cash Flow From Operations per EBITDA. The ratio of EBITDA to Cash Flow From Operations for Delek Drilling is roughly 1.45 . 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 Delek Drilling's earnings, one of the primary drivers of an investment's value.Delek Cash Flow From Operations vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Delek Drilling |
| = | 657.44 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Delek Drilling |
| = | 453.64 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Delek Cash Flow From Operations Comparison
Delek Drilling is currently under evaluation in cash flow from operations category among its peers.
Delek Drilling Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Delek Drilling, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Delek Drilling will eventually generate negative long term returns. The profitability progress is the general direction of Delek Drilling's change in net profit over the period of time. It can combine multiple indicators of Delek Drilling, 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.
NewMed Energy - Limited Partnership engages in the exploration, development, production, and sale of petroleum, natural gas, and condensate in Israel and Cyprus. NewMed Energy - Limited Partnership is a subsidiary of Delek Energy Systems Ltd. Newmed Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 14 people.
Delek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Delek Drilling. 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 Delek Drilling 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 Delek Drilling's important profitability drivers and their relationship over time.
Use Delek Drilling 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 Delek Drilling 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 Delek Drilling will appreciate offsetting losses from the drop in the long position's value.Delek Drilling Pair Trading
Delek Drilling Pair Trading Analysis
The ability to find closely correlated positions to Delek Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delek Drilling 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 Delek Drilling - 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 Delek Drilling to buy it.
The correlation of Delek Drilling 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 Delek Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delek Drilling 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 Delek Drilling 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 Delek Drilling position
In addition to having Delek Drilling in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Delek OTC Stock
To fully project Delek Drilling's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Delek Drilling 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 Delek Drilling's income statement, its balance sheet, and the statement of cash flows.