Eco Atlantic Oil Stock Net Income

EOG Stock  CAD 0.19  0.01  5.56%   
Eco Atlantic Oil fundamentals help investors to digest information that contributes to Eco Atlantic's financial success or failures. It also enables traders to predict the movement of Eco Stock. The fundamental analysis module provides a way to measure Eco Atlantic'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 Eco Atlantic stock.
Last ReportedProjected for Next Year
Net Loss-21.1 M-20.1 M
Net Loss-21.1 M-20.1 M
Net Loss-5.9 M-6.2 M
Net Loss(0.06)(0.11)
Net Income Per E B T 0.98  0.99 
Net Income Per E B T is likely to climb to 0.99 in 2024, despite the fact that Net Loss is likely to grow to (20.1 M).
  
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Eco Atlantic Oil Company Net Income Analysis

Eco Atlantic's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Eco Atlantic Net Income

    
  (21.14 M)  
Most of Eco Atlantic's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eco Atlantic Oil is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eco Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Eco Atlantic is extremely important. It helps to project a fair market value of Eco Stock properly, considering its historical fundamentals such as Net Income. Since Eco Atlantic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eco Atlantic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eco Atlantic's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Eco Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(615,425)

At this time, Eco Atlantic's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Eco Atlantic Oil reported net income of (21.14 Million). This is 100.93% lower than that of the Oil, Gas & Consumable Fuels sector and 106.14% lower than that of the Energy industry. The net income for all Canada stocks is 103.7% higher than that of the company.

Eco Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Atlantic's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eco Atlantic could also be used in its relative valuation, which is a method of valuing Eco Atlantic by comparing valuation metrics of similar companies.
Eco Atlantic is currently under evaluation in net income category among its peers.

Eco Fundamentals

About Eco Atlantic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eco Atlantic Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Atlantic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Atlantic Oil 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.

Thematic Opportunities

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Additional Tools for Eco Stock Analysis

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