88 Energy Stock Cash And Equivalents
| 88E Stock | 0 0 50.00% |
88 Energy fundamentals help investors to digest information that contributes to 88 Energy's financial success or failures. It also enables traders to predict the movement of 88E Stock. The fundamental analysis module provides a way to measure 88 Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 88 Energy stock.
88E | Cash And Equivalents |
88 Energy Company Cash And Equivalents Analysis
88 Energy's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, 88 Energy has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The cash and equivalents for all Australia stocks is 100.0% higher than that of the company.
88E Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 88 Energy's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 88 Energy could also be used in its relative valuation, which is a method of valuing 88 Energy by comparing valuation metrics of similar companies.88 Energy is currently under evaluation in cash and equivalents category among its peers.
88E Fundamentals
| Return On Equity | -0.23 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 49.99 M | |||
| Shares Outstanding | 28.93 B | |||
| Shares Owned By Insiders | 5.34 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Book | 0.41 X | |||
| Price To Sales | 115.52 X | |||
| Gross Profit | 2.5 K | |||
| EBITDA | (16.04 M) | |||
| Net Income | (14.44 M) | |||
| Total Debt | 840.04 K | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (5.38 M) | |||
| Target Price | 0.02 | |||
| Beta | 0.97 | |||
| Market Capitalization | 28.93 M | |||
| Total Asset | 156.53 M | |||
| Retained Earnings | (254.2 M) | |||
| Working Capital | 21.32 M | |||
| Net Asset | 156.53 M |
About 88 Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 88 Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 88 Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 88 Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for 88E Stock Analysis
When running 88 Energy's price analysis, check to measure 88 Energy'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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.