Index Oil And Stock Piotroski F Score

IXOG Stock  USD 0.0007  0.00  0.00%   
This module uses fundamental data of Index Oil to approximate its Piotroski F score. Index Oil F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Index Oil and. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Index Oil financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Index Oil Altman Z Score, Index Oil Correlation, Index Oil Valuation, as well as analyze Index Oil Alpha and Beta and Index Oil Hype Analysis.
  
The current Short and Long Term Debt is estimated to decrease to about 38.9 K. The current Short Term Debt is estimated to decrease to about 38.9 K. At this time, Index Oil's Days Sales Outstanding is most likely to increase in the upcoming years. The Index Oil's current PB Ratio is estimated to increase to 242.84, while Free Cash Flow Yield is projected to decrease to (0).
At this time, it appears that Index Oil's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
2.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

N/A

Focus
Change in Gross Margin

No Change

Focus

Index Oil Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Index Oil is to make sure Index is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Index Oil's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Index Oil's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.2
Way Down
Pretty Stable
Gross Profit Margin0.610.63
Sufficiently Down
Slightly volatile
Total Current Liabilities976.2 K1.3 M
Way Down
Slightly volatile
Total Assets12.3 MM
Way Up
Slightly volatile
Total Current Assets606.1 K638 K
Notably Down
Slightly volatile

Index Oil F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Index Oil's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Index Oil in a much-optimized way.

About Index Oil Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

0.004124

At this time, Index Oil's Book Value Per Share is most likely to slightly decrease in the upcoming years.

About Index Oil Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Index Oil is a strong investment it is important to analyze Index Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Index Oil's future performance. For an informed investment choice regarding Index Stock, refer to the following important reports:
Check out Index Oil Altman Z Score, Index Oil Correlation, Index Oil Valuation, as well as analyze Index Oil Alpha and Beta and Index Oil Hype Analysis.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Index Oil. If investors know Index will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Index Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
0.04
Quarterly Revenue Growth
(0.67)
Return On Assets
(0.13)
Return On Equity
(0.90)
The market value of Index Oil is measured differently than its book value, which is the value of Index that is recorded on the company's balance sheet. Investors also form their own opinion of Index Oil's value that differs from its market value or its book value, called intrinsic value, which is Index Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Index Oil's market value can be influenced by many factors that don't directly affect Index Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Index Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Index Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Index Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.