International Petroleum Net Income vs. Return On Equity
| IPCO Stock | CAD 15.85 0.12 0.76% |
Net Income | First Reported 2016-03-31 | Previous Quarter 33.7 M | Current Value 45.2 M | Quarterly Volatility 38.7 M |
For International Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International Petroleum Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International Petroleum Corp over time as well as its relative position and ranking within its peers.
International |
International Petroleum Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining International Petroleum's current stock value. Our valuation model uses many indicators to compare International Petroleum value to that of its competitors to determine the firm's financial worth. International Petroleum Corp is rated second overall in net income category among its peers. It is rated third overall in return on equity category among its peers . The ratio of Net Income to Return On Equity for International Petroleum Corp is about 1,360,967,742 . At this time, International Petroleum's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value International Petroleum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for International Petroleum's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.International Return On Equity vs. Net Income
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.
International Petroleum |
| = | 172.98 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
International Petroleum |
| = | 0.13 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
International Return On Equity Comparison
International Petroleum is currently under evaluation in return on equity category among its peers.
International Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in International Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of International Petroleum's change in net profit over the period of time. It can combine multiple indicators of International 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 | 41.2 M | 43.3 M | |
| Operating Income | 229.4 M | 240.9 M | |
| Net Income From Continuing Ops | 173 M | 181.6 M | |
| Income Before Tax | 228.3 M | 239.8 M | |
| Total Other Income Expense Net | -1.1 M | -1.2 M | |
| Net Income Applicable To Common Shares | 388.3 M | 407.8 M | |
| Net Income | 173 M | 181.6 M | |
| Income Tax Expense | 55.4 M | 58.1 M | |
| Interest Income | 21.8 M | 12.7 M | |
| Net Interest Income | -7.4 M | -7.8 M | |
| Change To Netincome | 148.3 M | 155.8 M | |
| Net Income Per Share | 1.28 | 1.34 | |
| Income Quality | 2.00 | 1.30 | |
| Net Income Per E B T | 0.76 | 0.95 |
International Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on International 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 International 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 International Petroleum's important profitability drivers and their relationship over time.
Use International 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 International 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 International Petroleum will appreciate offsetting losses from the drop in the long position's value.International Petroleum Pair Trading
International Petroleum Corp Pair Trading Analysis
The ability to find closely correlated positions to International 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 International 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 International 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 International Petroleum Corp to buy it.
The correlation of International 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 International Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Petroleum 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 International 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 International Petroleum position
In addition to having International Petroleum 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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Natural Foods
Companies producing natural foods including dairy products and different types of meets. The Natural Foods theme has 43 constituents at this time.
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Other Information on Investing in International Stock
To fully project International Petroleum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of International Petroleum 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 International Petroleum's income statement, its balance sheet, and the statement of cash flows.