Battalion Revenue Per Share vs Cost Of Revenue Analysis
BATL Stock | USD 3.46 0.08 2.37% |
Battalion Oil financial indicator trend analysis is way more than just evaluating Battalion Oil Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Battalion Oil Corp is a good investment. Please check the relationship between Battalion Oil Revenue Per Share and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Revenue Per Share vs Cost Of Revenue
Revenue Per Share vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Battalion Oil Corp Revenue Per Share account and Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Battalion Oil's Revenue Per Share and Cost Of Revenue is 0.19. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Battalion Oil Corp, assuming nothing else is changed. The correlation between historical values of Battalion Oil's Revenue Per Share and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Battalion Oil Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Revenue Per Share i.e., Battalion Oil's Revenue Per Share and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Cost Of Revenue
Cost of Revenue is found on Battalion Oil Corp income statement and represents the costs associated with goods and services Battalion Oil provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Battalion Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Battalion Oil Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Battalion Oil's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value is expected to rise to about 482.4 M this year, although the value of Selling General Administrative will most likely fall to about 18.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 192.6M | 252.4M | 102.9M | 138.6M | Total Revenue | 285.2M | 359.1M | 218.5M | 339.2M |
Battalion Oil fundamental ratios Correlations
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Battalion Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Battalion Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 584.7M | 346.5M | 390.3M | 485.4M | 485.3M | 461.1M | |
Short Long Term Debt Total | 147.2M | 160.6M | 182.4M | 218.1M | 197.9M | 188.0M | |
Total Stockholder Equity | 316.7M | 90.0M | 63.7M | 84.6M | 68.0M | 64.6M | |
Net Debt | 141.5M | 156.3M | 135.5M | 185.4M | 140.4M | 133.3M | |
Other Assets | 14.6M | 927K | 295.1M | 4.8M | 5.5M | 5.2M | |
Common Stock Shares Outstanding | 16.2M | 16.2M | 16.3M | 16.5M | 16.4M | 15.6M | |
Liabilities And Stockholders Equity | 584.7M | 346.5M | 390.3M | 485.4M | 485.3M | 461.1M | |
Non Current Liabilities Total | 161.6M | 173.4M | 205.0M | 235.7M | 282.9M | 268.8M | |
Other Stockholder Equity | 327.1M | 330.1M | 332.2M | 334.6M | 214.5M | 203.8M | |
Total Liab | 268.0M | 256.5M | 326.6M | 400.7M | 417.3M | 396.5M | |
Other Current Liab | 8.1M | 50.3M | 89.4M | 86.3M | 51.8M | 49.2M | |
Total Current Liabilities | 106.4M | 83.2M | 121.6M | 165.0M | 134.4M | 206.7M | |
Property Plant And Equipment Net | 512.6M | 292.3M | 297.6M | 389.0M | 372.3M | 353.7M | |
Retained Earnings | (10.5M) | (240.2M) | (268.5M) | (249.9M) | (253.0M) | (265.6M) | |
Cash | 5.7M | 4.3M | 46.9M | 32.7M | 57.5M | 38.0M | |
Non Current Assets Total | 513.5M | 298.7M | 302.4M | 397.2M | 394.8M | 375.1M | |
Cash And Short Term Investments | 5.7M | 4.3M | 46.9M | 32.7M | 57.5M | 41.8M | |
Net Receivables | 53.5M | 40.8M | 36.6M | 38.0M | 23.0M | 21.9M | |
Other Current Assets | 36K | 2.7M | 4.4M | 17.5M | 10.0M | 10.5M | |
Property Plant And Equipment Gross | 512.6M | 292.3M | 3.5M | 781.0M | 820.1M | 1.4B | |
Total Current Assets | 71.2M | 47.8M | 87.9M | 88.2M | 90.5M | 180.9M | |
Non Currrent Assets Other | 123K | 1.8M | 1.0M | 6.6M | 21.3M | 22.3M | |
Accounts Payable | 36.0M | 22.7M | 25.3M | 42.9M | 24.9M | 46.8M | |
Inventory | 11.9M | 2.6M | 2.9M | 17.4M | 1.0 | 0.95 | |
Short Term Debt | 923K | 10.1M | 6.9M | 35.8M | 57.7M | 60.6M | |
Current Deferred Revenue | 82.7M | 61.4M | 36.2M | 37.5M | 43.1M | 33.2M | |
Net Tangible Assets | 318.9M | 90.0M | 64.1M | 84.6M | 76.2M | 72.4M | |
Long Term Debt | 144M | 158.5M | 181.6M | 182.7M | 140.3M | 133.3M | |
Long Term Debt Total | 613.1M | 144M | 158.5M | 181.6M | 163.4M | 155.2M | |
Capital Surpluse | 1.1B | 327.1M | 330.1M | 332.2M | 299.0M | 284.0M | |
Long Term Investments | 927K | 6.4M | 4.8M | 1.6M | 1.3M | 1.2M | |
Non Current Liabilities Other | 10.5M | 10.6M | 15.9M | 4.1M | 2.1M | 2.0M | |
Property Plant Equipment | 3.3M | 2.4M | 2.4M | 389.0M | 350.1M | 332.6M |
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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 Battalion Oil. If investors know Battalion 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 Battalion Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.127 | Earnings Share (0.38) | Revenue Per Share 11.635 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0709 |
The market value of Battalion Oil Corp is measured differently than its book value, which is the value of Battalion that is recorded on the company's balance sheet. Investors also form their own opinion of Battalion Oil's value that differs from its market value or its book value, called intrinsic value, which is Battalion 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 Battalion Oil's market value can be influenced by many factors that don't directly affect Battalion 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 Battalion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Battalion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Battalion 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.