Nextier Oilfield Cash And Equivalents vs. Current Valuation
| NEXDelisted Stock | USD 11.35 0.32 2.90% |
For Nextier Oilfield profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nextier Oilfield to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nextier Oilfield Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nextier Oilfield's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nextier Oilfield Solutions over time as well as its relative position and ranking within its peers.
Nextier |
Nextier Oilfield Sol Current Valuation vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nextier Oilfield's current stock value. Our valuation model uses many indicators to compare Nextier Oilfield value to that of its competitors to determine the firm's financial worth. Nextier Oilfield Solutions is regarded third in cash and equivalents category among its peers. It is regarded fourth in current valuation category among its peers reporting about 11.75 of Current Valuation per Cash And Equivalents. 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 Nextier Oilfield's earnings, one of the primary drivers of an investment's value.Nextier Current Valuation vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Nextier Oilfield |
| = | 218.48 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nextier Oilfield |
| = | 2.57 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Nextier Current Valuation vs Competition
Nextier Oilfield Solutions is regarded fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 18.71 Billion. Nextier Oilfield retains roughly 2.57 Billion in current valuation claiming about 14% of equities under Energy industry.
Nextier Oilfield Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nextier Oilfield, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nextier Oilfield will eventually generate negative long term returns. The profitability progress is the general direction of Nextier Oilfield's change in net profit over the period of time. It can combine multiple indicators of Nextier Oilfield, 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.
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas. Nextier Oilfield operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 3340 people.
Nextier Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nextier Oilfield. 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 Nextier Oilfield 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 Nextier Oilfield's important profitability drivers and their relationship over time.
Use Nextier Oilfield 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 Nextier Oilfield 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 Nextier Oilfield will appreciate offsetting losses from the drop in the long position's value.Nextier Oilfield Pair Trading
Nextier Oilfield Solutions Pair Trading Analysis
The ability to find closely correlated positions to Nextier Oilfield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextier Oilfield 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 Nextier Oilfield - 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 Nextier Oilfield Solutions to buy it.
The correlation of Nextier Oilfield 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 Nextier Oilfield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextier Oilfield Sol 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 Nextier Oilfield 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 Nextier Oilfield position
In addition to having Nextier Oilfield 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?
Run World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize World Allocation Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Nextier Stock
If you are still planning to invest in Nextier Oilfield Sol check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextier Oilfield's history and understand the potential risks before investing.
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