Paramount Resources Stock Analysis
| PRMRF Stock | USD 18.22 0.30 1.67% |
Paramount Resources holds a debt-to-equity ratio of 0.1. Paramount Resources' financial risk is the risk to Paramount Resources stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Paramount Resources' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Paramount Resources' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Paramount Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Paramount Resources' stakeholders.
For many companies, including Paramount Resources, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Paramount Resources, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Paramount Resources' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Paramount Resources' 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 Paramount Resources 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 Paramount Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Paramount Resources is said to be less leveraged. If creditors hold a majority of Paramount Resources' assets, the Company is said to be highly leveraged.
Paramount Resources is fairly valued with Real Value of 17.87 and Hype Value of 18.22. The main objective of Paramount Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Paramount Resources is worth, separate from its market price. There are two main types of Paramount Resources' stock analysis: fundamental analysis and technical analysis.
The Paramount Resources 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Paramount Resources' ongoing operational relationships across important fundamental and technical indicators.
Paramount |
Paramount Pink Sheet Analysis Notes
About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paramount Resources last dividend was issued on the 14th of February 2023. The entity had 3:1 split on the 2nd of June 1997. Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. Paramount Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 475 people.The quote for Paramount Resources 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 Paramount Resources contact the company at 403 290 3600 or learn more at https://www.paramountres.com.Paramount Resources Investment Alerts
| Paramount Resources has accumulated 386.3 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Paramount Resources has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Paramount Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Paramount Resources' 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 Paramount Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paramount to invest in growth at high rates of return. When we think about Paramount Resources' use of debt, we should always consider it together with cash and equity. | |
| About 35.0% of Paramount Resources outstanding shares are owned by corporate insiders |
Paramount Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Resources's market, we take the total number of its shares issued and multiply it by Paramount Resources'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.Paramount Profitablity
The company has Profit Margin (PM) of 0.27 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.36 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.36.Technical Drivers
As of the 8th of February, Paramount Resources holds the Risk Adjusted Performance of 0.076, semi deviation of 1.91, and Coefficient Of Variation of 1147.78. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paramount Resources, as well as the relationship between them. Please check Paramount Resources information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Paramount Resources is priced some-what accurately, providing market reflects its current price of 18.22 per share. Given that Paramount Resources has jensen alpha of 0.1446, we recommend you to check out Paramount Resources's recent market performance to make sure the company can sustain itself at a future point.Paramount Resources Price Movement Analysis
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Paramount Resources Outstanding Bonds
Paramount Resources 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. Paramount Resources 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 Paramount bonds can be classified according to their maturity, which is the date when Paramount Resources 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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Paramount Resources Predictive Daily Indicators
Paramount Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Paramount Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Paramount Resources Forecast Models
Paramount Resources' time-series forecasting models are one of many Paramount Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Paramount Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Paramount Resources Debt to Cash Allocation
Many companies such as Paramount Resources, 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.
Paramount Resources has accumulated 386.3 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Paramount Resources has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Paramount Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Paramount Resources' 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 Paramount Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paramount to invest in growth at high rates of return. When we think about Paramount Resources' use of debt, we should always consider it together with cash and equity.Paramount Resources 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 Paramount Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Paramount Resources, which in turn will lower the firm's financial flexibility.Paramount Resources Corporate Bonds Issued
Most Paramount bonds can be classified according to their maturity, which is the date when Paramount Resources 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.
About Paramount Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Paramount Resources 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 Paramount 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 Paramount Resources. By using and applying Paramount Pink Sheet analysis, traders can create a robust methodology for identifying Paramount entry and exit points for their positions.
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. Paramount Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 475 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Paramount Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Paramount Resources' price analysis, check to measure Paramount Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Resources is operating at the current time. Most of Paramount Resources' value examination focuses on studying past and present price action to predict the probability of Paramount Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Resources' price. Additionally, you may evaluate how the addition of Paramount Resources to your portfolios can decrease your overall portfolio volatility.
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