Gear Financial Statements From 2010 to 2024

GXE Stock  CAD 0.57  0.03  5.56%   
Gear Energy financial statements provide useful quarterly and yearly information to potential Gear Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Gear Energy financial statements helps investors assess Gear Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Gear Energy's valuation are summarized below:
Gross Profit
118.2 M
Profit Margin
0.0925
Market Capitalization
142.3 M
Enterprise Value Revenue
1.0323
Revenue
131.6 M
We have found one hundred twenty available fundamental trends for Gear Energy, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Gear Energy's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 2nd of December 2024, Market Cap is likely to grow to about 76.1 M

Gear Energy Total Revenue

119.3 Million

Check Gear Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gear Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.2 M, Interest Expense of 4.2 M or Selling General Administrative of 9.4 M, as well as many indicators such as Price To Sales Ratio of 1.65, Dividend Yield of 0.088 or PTB Ratio of 1.03. Gear financial statements analysis is a perfect complement when working with Gear Energy Valuation or Volatility modules.
  
This module can also supplement various Gear Energy Technical models . Check out the analysis of Gear Energy Correlation against competitors.

Gear Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets326.2 M338.8 M292 M
Slightly volatile
Short and Long Term Debt Total20.1 M21.2 M51.4 M
Slightly volatile
Other Current Liabilities7.4 M6.3 M8.6 M
Very volatile
Total Current Liabilities33.5 M21.1 M41.8 M
Slightly volatile
Total Stockholder Equity178.1 M236.7 M160.2 M
Slightly volatile
Property Plant And Equipment Net279.4 M287.3 M250.2 M
Slightly volatile
Net Debt20.1 M21.2 M52.1 M
Slightly volatile
Accounts Payable13.6 M14.8 M12 M
Slightly volatile
Non Current Assets Total303.4 M317 M271.7 M
Slightly volatile
Net Receivables11 M12.4 M10 M
Slightly volatile
Common Stock Total Equity285.5 M383.8 M273 M
Slightly volatile
Common Stock Shares Outstanding176.9 M263.3 M154.8 M
Slightly volatile
Liabilities And Stockholders Equity326.2 M338.8 M292 M
Slightly volatile
Non Current Liabilities Total102 M81 M89.2 M
Slightly volatile
Inventory6.5 M6.8 M5.9 M
Slightly volatile
Other Current Assets3.7 M2.7 M4.3 M
Very volatile
Other Stockholder Equity15.9 M18.3 M13.9 M
Slightly volatile
Total Liabilities148.1 M102.1 M131.8 M
Slightly volatile
Property Plant And Equipment GrossB963.3 M429.2 M
Slightly volatile
Total Current Assets22.7 M21.9 M20.3 M
Slightly volatile
Common Stock308.2 M348.9 M274.2 M
Slightly volatile
Other Liabilities78.6 M74.1 M64.8 M
Slightly volatile
Net Tangible Assets178.5 M289.4 M164.6 M
Slightly volatile
Short and Long Term Debt4.3 M4.5 M38.2 M
Slightly volatile
Property Plant Equipment292.3 M325.5 M261.9 M
Slightly volatile
Long Term Debt33.5 M21.2 M31.5 M
Slightly volatile
Short Term InvestmentsM2.9 M5.7 M
Slightly volatile
Long Term Debt Total6.1 M6.4 M28.6 M
Pretty Stable
Capital Surpluse18.2 M20.5 M15.5 M
Slightly volatile
Non Current Liabilities Other87.6 M92.6 M81 M
Slightly volatile
Net Invested Capital259.7 M257.9 M225.2 M
Slightly volatile
Capital Stock376.6 M348.9 M342.2 M
Slightly volatile

Gear Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization41.2 M45.2 M36.3 M
Slightly volatile
Interest Expense4.2 M4.5 M3.6 M
Slightly volatile
Selling General Administrative9.4 M8.6 M8.5 M
Slightly volatile
Total Revenue119.3 M148.7 M105.4 M
Slightly volatile
Gross Profit62.5 M86.9 M55.3 M
Slightly volatile
Other Operating Expenses106.8 M125.4 M94.8 M
Slightly volatile
Cost Of Revenue56.8 M61.8 M50.1 M
Slightly volatile
Total Operating Expenses50 M63.6 M44.7 M
Slightly volatile
Reconciled Depreciation31.8 M42.9 M38.4 M
Very volatile

Gear Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.3 M1.4 M1.7 M
Slightly volatile
Depreciation42.9 M44.1 M37.8 M
Slightly volatile
Capital Expenditures37.6 M48.3 M45.8 M
Pretty Stable
Total Cash From Operating Activities48.8 M63.6 M42 M
Slightly volatile
Dividends Paid21.4 M24.9 M18.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.651.12631.6101
Slightly volatile
Dividend Yield0.0880.14840.0694
Slightly volatile
PTB Ratio1.030.70750.9653
Slightly volatile
Days Sales Outstanding39.8230.463737.7618
Slightly volatile
Book Value Per Share1.490.90451.4217
Slightly volatile
Operating Cash Flow Per Share0.410.2430.3528
Pretty Stable
Stock Based Compensation To Revenue0.0090.00950.0208
Slightly volatile
Capex To Depreciation1.381.09551.7332
Very volatile
PB Ratio1.030.70750.9653
Slightly volatile
EV To Sales2.311.26862.2237
Slightly volatile
Inventory Turnover9.859.10598.7892
Very volatile
Days Of Inventory On Hand35.4640.08445.071
Pretty Stable
Payables Turnover5.064.17634.6219
Very volatile
Sales General And Administrative To Revenue0.09530.0580.0901
Slightly volatile
Capex To Revenue0.470.32480.4517
Slightly volatile
POCF Ratio2.52.63426.8015
Slightly volatile
Payout Ratio3.042.89450.6055
Slightly volatile
Capex To Operating Cash Flow0.720.75961.8293
Slightly volatile
Days Payables Outstanding68.6287.398684.3726
Very volatile
EV To Operating Cash Flow2.822.96689.0176
Slightly volatile
Current Ratio0.621.03580.7288
Slightly volatile
Tangible Book Value Per Share1.490.90451.4222
Slightly volatile
Receivables Turnover8.8611.981510.6228
Pretty Stable
Graham Number0.780.81712.1257
Slightly volatile
Shareholders Equity Per Share1.490.90451.4217
Slightly volatile
Debt To Equity0.08490.08940.36
Slightly volatile
Capex Per Share0.180.18460.5028
Slightly volatile
Revenue Per Share1.010.56820.9316
Slightly volatile
Interest Debt Per Share0.0930.09790.5671
Slightly volatile
Debt To Assets0.05930.06240.1831
Slightly volatile
Short Term Coverage Ratios5.715.443.1945
Slightly volatile
Operating Cycle88.5970.547783.7202
Pretty Stable
Price Book Value Ratio1.030.70750.9653
Slightly volatile
Days Of Payables Outstanding68.6287.398684.3726
Very volatile
Dividend Payout Ratio3.042.89450.6055
Slightly volatile
Price To Operating Cash Flows Ratio2.52.63426.8015
Slightly volatile
Company Equity Multiplier2.091.43121.8935
Very volatile
Long Term Debt To Capitalization0.07790.0820.1618
Very volatile
Total Debt To Capitalization0.07790.0820.248
Slightly volatile
Debt Equity Ratio0.08490.08940.36
Slightly volatile
Quick Ratio0.420.71410.5009
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.980.86921.1317
Slightly volatile
Net Income Per E B T0.410.4281.1783
Pretty Stable
Operating Cash Flow Sales Ratio0.320.42760.3719
Slightly volatile
Days Of Inventory Outstanding35.4640.08445.071
Pretty Stable
Days Of Sales Outstanding39.8230.463737.7618
Slightly volatile
Cash Flow Coverage Ratios3.163.00591.7598
Slightly volatile
Price To Book Ratio1.030.70750.9653
Slightly volatile
Fixed Asset Turnover0.340.51760.4074
Slightly volatile
Capital Expenditure Coverage Ratio1.031.31641.1961
Slightly volatile
Price Cash Flow Ratio2.52.63426.8015
Slightly volatile
Debt Ratio0.05930.06240.1831
Slightly volatile
Cash Flow To Debt Ratio3.163.00591.7598
Slightly volatile
Price Sales Ratio1.651.12631.6101
Slightly volatile
Asset Turnover0.290.43890.3474
Slightly volatile
Gross Profit Margin0.40.58420.4975
Pretty Stable
Price Fair Value1.030.70750.9653
Slightly volatile

Gear Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap76.1 M55.5 M67.5 M
Pretty Stable
Enterprise Value124.6 M178.6 M158.1 M
Slightly volatile

Gear Fundamental Market Drivers

Forward Price Earnings4.9092
Cash And Short Term Investments1.00

About Gear Energy Financial Statements

Gear Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Gear Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-7.2 M-7.6 M
Total Revenue148.7 M119.3 M
Cost Of Revenue61.8 M56.8 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.06  0.10 
Capex To Revenue 0.32  0.47 
Revenue Per Share 0.57  1.01 
Ebit Per Revenue 0.16  0.16 

Pair Trading with Gear Energy

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 Gear Energy 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 Gear Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Gear Stock

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The ability to find closely correlated positions to Gear Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gear Energy 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 Gear Energy - 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 Gear Energy to buy it.
The correlation of Gear Energy 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 Gear Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gear Energy 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 Gear Energy 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Gear Stock

Gear Energy financial ratios help investors to determine whether Gear 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 Gear with respect to the benefits of owning Gear Energy security.