Aban Offshore (India) Today

ABAN Stock   62.14  1.38  2.27%   

Performance

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Odds Of Distress

Less than 47

 
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Aban Offshore is selling for under 62.14 as of the 25th of November 2024; that is 2.27 percent increase since the beginning of the trading day. The stock's lowest day price was 60.81. Aban Offshore has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Aban Offshore Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Energy
Aban Offshore is entity of India. It is traded as Stock on NSE exchange. The company has 58.37 M outstanding shares. More on Aban Offshore Limited

Moving together with Aban Stock

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Moving against Aban Stock

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Aban Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aban Offshore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aban Offshore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaOutsourcing (View all Themes)
Business ConcentrationEnergy Equipment & Services, Oil & Gas Drilling, Energy, Outsourcing, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors)
Aban Offshore's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aban Offshore's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Aban Offshore can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aban Offshore's financial leverage. It provides some insight into what part of Aban Offshore's total assets is financed by creditors.
Liquidity
Aban Offshore cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Aban Offshore Limited has accumulated 153.08 B in total debt. Debt can assist Aban Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, Aban Offshore'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 Aban Offshore Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aban to invest in growth at high rates of return. When we think about Aban Offshore's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(162.28 Million)
Aban Offshore Limited (ABAN) is traded on National Stock Exchange of India in India and employs 31 people. Aban Offshore is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aban Offshore's market, we take the total number of its shares issued and multiply it by Aban Offshore'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. Aban Offshore Limited operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 58.37 M outstanding shares. Aban Offshore Limited has accumulated about 0 in cash with (723.44 M) of positive cash flow from operations.
Check Aban Offshore Probability Of Bankruptcy
Ownership Allocation
Aban Offshore holds a total of 58.37 Million outstanding shares. Aban Offshore Limited retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Aban Ownership Details

Aban Offshore Limited Risk Profiles

Although Aban Offshore's alpha and beta are two of the key measurements used to evaluate Aban Offshore's performance over the market, the standard measures of volatility play an important role as well.

Aban Stock Against Markets

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Aban Offshore Corporate Management

Elected by the shareholders, the Aban Offshore's board of directors comprises two types of representatives: Aban Offshore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aban. The board's role is to monitor Aban Offshore's management team and ensure that shareholders' interests are well served. Aban Offshore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aban Offshore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vinod PillaiSenior AdministrationProfile
S BalajiDeputy SecretaryProfile
Vijay SahetaSenior AccountsProfile
B ShivakumarGen OperationsProfile
Steve OgstonGeneral OperationsProfile
T KarmakarDeputy OperationsProfile
RamasubramonianVP DevelProfile

Additional Tools for Aban Stock Analysis

When running Aban Offshore's price analysis, check to measure Aban Offshore's 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 Aban Offshore is operating at the current time. Most of Aban Offshore's value examination focuses on studying past and present price action to predict the probability of Aban Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aban Offshore's price. Additionally, you may evaluate how the addition of Aban Offshore to your portfolios can decrease your overall portfolio volatility.