Legend Oil Gas Stock Analysis
Legend Oil Gas holds a debt-to-equity ratio of 0.66. Legend Oil's financial risk is the risk to Legend Oil stockholders that is caused by an increase in debt.
Given that Legend Oil's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Legend Oil is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Legend Oil to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Legend Oil is said to be less leveraged. If creditors hold a majority of Legend Oil's assets, the Company is said to be highly leveraged.
Legend Oil Gas is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Legend Oil pink sheet analysis is to determine its intrinsic value, which is an estimate of what Legend Oil Gas is worth, separate from its market price. There are two main types of Legend Oil's stock analysis: fundamental analysis and technical analysis.
The Legend Oil pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Legend |
Legend Pink Sheet Analysis Notes
The company recorded a loss per share of 0.01. Legend Oil Gas had not issued any dividends in recent years. The entity had 20:1 split on the 23rd of November 2010. Legend Oil and Gas, Ltd. operates as a crude oil hauling and trucking company. Legend Oil and Gas, Ltd. was incorporated in 2000 and is based in Alpharetta, Georgia. Legend Oil operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 37 people.The quote for Legend Oil Gas is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Legend Oil Gas contact the company at 678-366-4587 or learn more at http://www.midconoil.com.Legend Oil Gas Investment Alerts
| Legend Oil Gas generated a negative expected return over the last 90 days | |
| Legend Oil Gas has some characteristics of a very speculative penny stock | |
| Legend Oil Gas has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legend Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Legend Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Legend Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legend to invest in growth at high rates of return. When we think about Legend Oil's use of debt, we should always consider it together with cash and equity. | |
| Legend Oil Gas reported the previous year's revenue of 3.86 M. Net Loss for the year was (6.25 M) with profit before overhead, payroll, taxes, and interest of 768.04 K. | |
| Legend Oil Gas currently holds about 161.04 K in cash with (3.22 M) of positive cash flow from operations. | |
| Latest headline from finance.yahoo.com: InnovAsian to build 175,000-square-foot food manufacturing facility in Jonesboro, Arkansas |
Legend Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.16 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Legend Oil's market, we take the total number of its shares issued and multiply it by Legend Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Legend Profitablity
The company has Profit Margin (PM) of (1.62) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.05) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.05.Technical Drivers
In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Legend Oil Gas, as well as the relationship between them.Legend Oil Gas Price Movement Analysis
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Legend Oil price series with the more recent values given greater weights.
Legend Oil Outstanding Bonds
Legend Oil issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Legend Oil Gas uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Legend bonds can be classified according to their maturity, which is the date when Legend Oil Gas has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Legend Oil Gas Debt to Cash Allocation
Many companies such as Legend Oil, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
The company has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legend Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Legend Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Legend Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legend to invest in growth at high rates of return. When we think about Legend Oil's use of debt, we should always consider it together with cash and equity.Legend Oil Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Legend Oil's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Legend Oil, which in turn will lower the firm's financial flexibility.Legend Oil Corporate Bonds Issued
About Legend Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Legend Oil prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Legend shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Legend Oil. By using and applying Legend Pink Sheet analysis, traders can create a robust methodology for identifying Legend entry and exit points for their positions.
Legend Oil and Gas, Ltd. operates as a crude oil hauling and trucking company. Legend Oil and Gas, Ltd. was incorporated in 2000 and is based in Alpharetta, Georgia. Legend Oil operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 37 people.
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Other Information on Investing in Legend Pink Sheet
Legend Oil financial ratios help investors to determine whether Legend Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Legend with respect to the benefits of owning Legend Oil security.