Source Energy Services Stock Analysis
| SHLE Stock | CAD 15.61 0.11 0.70% |
Source Energy's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Source Energy's financial risk is the risk to Source Energy stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Source Energy'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 Source Energy 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 Source Energy to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Source Energy is said to be less leveraged. If creditors hold a majority of Source Energy's assets, the Company is said to be highly leveraged.
Source Energy Services is overvalued with Real Value of 14.39 and Hype Value of 15.61. The main objective of Source Energy stock analysis is to determine its intrinsic value, which is an estimate of what Source Energy Services is worth, separate from its market price. There are two main types of Source Energy's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Source Energy's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Source Energy's stock to identify patterns and trends that may indicate its future price movements.
The Source Energy stock is traded in Canada on Toronto 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 Canada. Source Energy is usually not traded on Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day. Source Stock trading window is adjusted to America/Toronto timezone.
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Source Stock Analysis Notes
The company has price-to-book ratio of 0.98. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Source Energy Services last dividend was issued on the 5th of January 2021. The entity had 1:12 split on the 5th of January 2021. Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. The company was founded in 2017 and is headquartered in Calgary, Canada. SOURCE ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 382 people. To find out more about Source Energy Services contact Scott Melbourn at 403-262-1312 or learn more at https://www.sourceenergyservices.com.Source Energy Services Investment Alerts
| Source Energy had very high historical volatility over the last 90 days |
Source Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 206.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Source Energy's market, we take the total number of its shares issued and multiply it by Source Energy'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.Source Profitablity
Source Energy's profitability indicators refer to fundamental financial ratios that showcase Source Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Source Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Source Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Source Energy's profitability requires more research than a typical breakdown of Source Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, 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 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02. Technical Drivers
As of the 5th of January, Source Energy has the Semi Deviation of 3.7, risk adjusted performance of 0.0683, and Coefficient Of Variation of 1203.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Source Energy Services, as well as the relationship between them.Source Energy Services Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Simple Moving Average indicator is calculated by adding the closing price of Source Energy for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Source Energy Services short-term fluctuations and highlight longer-term trends or cycles.
Source Energy Outstanding Bonds
Source Energy 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. Source Energy Services 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 Source bonds can be classified according to their maturity, which is the date when Source Energy Services 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.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Source Energy Predictive Daily Indicators
Source Energy 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 Source Energy stock 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.
Source Energy Forecast Models
Source Energy's time-series forecasting models are one of many Source Energy's stock 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 Source Energy's 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.Source Energy Services Debt to Cash Allocation
Source Energy Services has accumulated 274.87 M in total debt. Source Energy Services has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Source Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Source Energy'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 Source Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Source to invest in growth at high rates of return. When we think about Source Energy's use of debt, we should always consider it together with cash and equity.Source Energy 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 Source Energy's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Source Energy, which in turn will lower the firm's financial flexibility.Source Energy Corporate Bonds Issued
About Source Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Source Energy 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 Source shares will generate the highest return on investment. We also built our stock 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 Stock such as Source Energy. By using and applying Source Stock analysis, traders can create a robust methodology for identifying Source entry and exit points for their positions.
Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. The company was founded in 2017 and is headquartered in Calgary, Canada. SOURCE ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 382 people.
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Other Information on Investing in Source Stock
Source Energy financial ratios help investors to determine whether Source Stock 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 Source with respect to the benefits of owning Source Energy security.