CGX Ptb Ratio vs Pb Ratio Analysis

OYL Stock

CAD 0.20 0.02 11.11%

CGX Energy financial indicator trend analysis is way more than just evaluating CGX Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CGX Energy is a good investment. Please check the relationship between CGX Energy Ptb Ratio and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CGX Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ptb Ratio vs Pb Ratio

Ptb Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CGX Energy Ptb Ratio account and Pb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between CGX Energy's Ptb Ratio and Pb Ratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of CGX Energy, assuming nothing else is changed. The correlation between historical values of CGX Energy's Ptb Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of CGX Energy are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ptb Ratio i.e., CGX Energy's Ptb Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Pb Ratio

Most indicators from CGX Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CGX Energy 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in CGX Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to 4,401 in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Other Operating Expenses	6.7M	6.9M	2.6K	2.5K
Interest Expense	1.9M	4.2M	567.3K	539.0K

Other Operating Expenses Interest Expense

CGX Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Non Current Liabilities Total	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Short Term Investments	Other Liab	Net Tangible Assets	Inventory	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.1	0.89	0.81	0.08	0.81	0.62	0.29	0.09	0.72	0.1	0.86	0.45	0.2	0.21	-0.7	0.18	0.8	0.79	0.26	0.12	0.51	-0.52	0.63	0.1	0.27
Total Current Liabilities	0.1		-0.33	0.27	-0.56	0.27	0.39	-0.25	-0.09	-0.17	1.0	-0.18	0.46	-0.1	-0.02	0.52	0.95	-0.25	-0.23	-0.43	-0.63	-0.44	0.36	0.27	0.55	-0.01
Total Stockholder Equity	0.89	-0.33		0.72	0.28	0.72	0.42	0.35	0.13	0.72	-0.34	0.88	0.19	0.31	0.19	-0.86	-0.21	0.85	0.82	0.4	0.34	0.73	-0.69	0.49	-0.12	0.32
Property Plant And Equipment Net	0.81	0.27	0.72		-0.3	1.0	0.74	0.08	0.11	0.27	0.26	0.5	0.55	0.5	0.19	-0.31	0.41	0.41	0.37	-0.13	-0.17	0.65	-0.62	0.81	0.32	0.54
Retained Earnings	0.08	-0.56	0.28	-0.3		-0.3	-0.26	0.43	0.02	0.48	-0.58	0.4	-0.79	-0.33	-0.2	-0.51	-0.65	0.45	0.48	0.93	0.85	0.19	-0.31	-0.14	-0.65	-0.5
Non Current Assets Total	0.81	0.27	0.72	1.0	-0.3		0.74	0.08	0.11	0.27	0.26	0.5	0.55	0.5	0.19	-0.31	0.41	0.41	0.37	-0.13	-0.17	0.65	-0.62	0.81	0.32	0.54
Net Receivables	0.62	0.39	0.42	0.74	-0.26	0.74		-0.13	0.42	0.02	0.38	0.26	0.51	0.34	0.47	-0.04	0.48	0.12	0.1	-0.13	-0.23	0.53	-0.48	0.87	0.33	0.5
Common Stock Shares Outstanding	0.29	-0.25	0.35	0.08	0.43	0.08	-0.13		-0.13	0.47	-0.25	0.38	-0.19	-0.2	-0.1	-0.45	-0.2	0.41	0.43	0.31	0.65	0.23	-0.33	-0.02	-0.44	-0.31
Other Current Assets	0.09	-0.09	0.13	0.11	0.02	0.11	0.42	-0.13		-0.09	-0.11	0.04	0.05	0.65	0.91	-0.03	0.03	-0.07	-0.07	0.11	-0.05	0.33	-0.41	0.3	0.17	0.26
Other Stockholder Equity	0.72	-0.17	0.72	0.27	0.48	0.27	0.02	0.47	-0.09		-0.18	0.94	0.0	-0.2	0.0	-0.88	-0.18	0.96	0.97	0.6	0.41	0.1	-0.15	-0.02	-0.3	-0.22
Total Liab	0.1	1.0	-0.34	0.26	-0.58	0.26	0.38	-0.25	-0.11	-0.18		-0.19	0.48	-0.11	-0.02	0.52	0.95	-0.25	-0.24	-0.45	-0.64	-0.45	0.37	0.25	0.56	0.01
Total Current Assets	0.86	-0.18	0.88	0.5	0.4	0.5	0.26	0.38	0.04	0.94	-0.19		0.09	0.01	0.12	-0.92	-0.14	0.99	0.98	0.57	0.33	0.37	-0.38	0.23	-0.15	0.07
Common Stock	0.45	0.46	0.19	0.55	-0.79	0.55	0.51	-0.19	0.05	0.0	0.48	0.09		0.31	0.34	0.04	0.55	0.03	0.02	-0.67	-0.6	0.04	0.08	0.4	0.57	0.5
Other Current Liab	0.2	-0.1	0.31	0.5	-0.33	0.5	0.34	-0.2	0.65	-0.2	-0.11	0.01	0.31		0.59	-0.04	0.11	-0.07	-0.11	-0.17	-0.32	0.55	-0.55	0.46	0.4	0.64
Non Current Liabilities Total	0.21	-0.02	0.19	0.19	-0.2	0.19	0.47	-0.1	0.91	0.0	-0.02	0.12	0.34	0.59		-0.11	0.12	0.02	0.02	-0.11	-0.17	0.24	-0.28	0.24	0.23	0.33
Net Debt	-0.7	0.52	-0.86	-0.31	-0.51	-0.31	-0.04	-0.45	-0.03	-0.88	0.52	-0.92	0.04	-0.04	-0.11		0.45	-0.94	-0.94	-0.61	-0.48	-0.44	0.4	-0.05	0.31	-0.07
Accounts Payable	0.18	0.95	-0.21	0.41	-0.65	0.41	0.48	-0.2	0.03	-0.18	0.95	-0.14	0.55	0.11	0.12	0.45		-0.22	-0.22	-0.48	-0.7	-0.28	0.22	0.36	0.59	0.19
Cash	0.8	-0.25	0.85	0.41	0.45	0.41	0.12	0.41	-0.07	0.96	-0.25	0.99	0.03	-0.07	0.02	-0.94	-0.22		1.0	0.6	0.38	0.31	-0.3	0.1	-0.2	0.0
Cash And Short Term Investments	0.79	-0.23	0.82	0.37	0.48	0.37	0.1	0.43	-0.07	0.97	-0.24	0.98	0.02	-0.11	0.02	-0.94	-0.22	1.0		0.62	0.4	0.26	-0.27	0.09	-0.22	-0.06
Short Term Investments	0.26	-0.43	0.4	-0.13	0.93	-0.13	-0.13	0.31	0.11	0.6	-0.45	0.57	-0.67	-0.17	-0.11	-0.61	-0.48	0.6	0.62		0.64	0.22	-0.32	-0.02	-0.44	-0.32
Other Liab	0.12	-0.63	0.34	-0.17	0.85	-0.17	-0.23	0.65	-0.05	0.41	-0.64	0.33	-0.6	-0.32	-0.17	-0.48	-0.7	0.38	0.4	0.64		0.31	-0.45	-0.07	-0.73	-0.53
Net Tangible Assets	0.51	-0.44	0.73	0.65	0.19	0.65	0.53	0.23	0.33	0.1	-0.45	0.37	0.04	0.55	0.24	-0.44	-0.28	0.31	0.26	0.22	0.31		-0.92	0.7	-0.05	0.55
Inventory	-0.52	0.36	-0.69	-0.62	-0.31	-0.62	-0.48	-0.33	-0.41	-0.15	0.37	-0.38	0.08	-0.55	-0.28	0.4	0.22	-0.3	-0.27	-0.32	-0.45	-0.92		-0.7	0.12	-0.31
Property Plant Equipment	0.63	0.27	0.49	0.81	-0.14	0.81	0.87	-0.02	0.3	-0.02	0.25	0.23	0.4	0.46	0.24	-0.05	0.36	0.1	0.09	-0.02	-0.07	0.7	-0.7		0.32	0.49
Short Long Term Debt Total	0.1	0.55	-0.12	0.32	-0.65	0.32	0.33	-0.44	0.17	-0.3	0.56	-0.15	0.57	0.4	0.23	0.31	0.59	-0.2	-0.22	-0.44	-0.73	-0.05	0.12	0.32		0.64
Current Deferred Revenue	0.27	-0.01	0.32	0.54	-0.5	0.54	0.5	-0.31	0.26	-0.22	0.01	0.07	0.5	0.64	0.33	-0.07	0.19	0.0	-0.06	-0.32	-0.53	0.55	-0.31	0.49	0.64

Click cells to compare fundamentals

CGX Energy Account Relationship Matchups

CGX Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	39.9M	39.2M	134.1M	93.0M	84.9M	48.8M
Total Current Liabilities	17.1M	14.6M	60.4M	27.7M	21.2M	17.1M
Total Stockholder Equity	18.1M	24.6M	73.6M	65.3M	63.4M	66.6M
Property Plant And Equipment Net	23.9M	27.0M	104.8M	68.0M	76.3M	80.1M
Retained Earnings	(292.4M)	(297.9M)	(310.6M)	(320.6M)	(323.8M)	(307.6M)
Non Current Assets Total	23.9M	27.0M	104.8M	68.0M	76.3M	80.1M
Net Receivables	41.0K	221.3K	8.6M	5.8M	1.5M	978.0K
Common Stock Shares Outstanding	110.6K	230.3K	272.7K	334.5K	338.2K	321.3K
Liabilities And Stockholders Equity	39.9M	39.2M	134.1M	93.0M	84.9M	48.8M
Other Current Assets	162.87	311.77	11.3K	6.9M	700.4K	665.4K
Other Stockholder Equity	23.2M	26.0M	28.1M	29.8M	(0.08)	(0.076)
Total Liab	21.8M	14.6M	60.4M	27.7M	21.5M	17.4M
Total Current Assets	16.0M	12.2M	29.3M	25.0M	8.6M	16.7M
Common Stock	259.0M	287.3M	296.5M	356.0M	358.2M	198.9M
Other Current Liab	13.6K	6.4K	0.0	884.4K	796.0K	669.4K
Net Debt	(15.8M)	(11.8M)	1.3M	(12.4M)	(6.4M)	(6.7M)
Accounts Payable	15.4M	14.6M	41.9M	27.7M	20.3M	21.2M
Cash	15.8M	11.8M	17.2M	12.4M	6.4M	12.8M
Cash And Short Term Investments	15.8M	11.8M	17.2M	12.4M	6.4M	6.1M
Accumulated Other Comprehensive Income	23.2K	26.0K	28.1K	29.9K	29.0M	30.5M
Net Tangible Assets	18.1M	24.6M	73.6M	65.3M	75.1M	78.9M
Property Plant Equipment	23.9M	27.0M	104.8M	68.0M	78.2M	46.1M
Short Term Debt	16.7M	24.3M	(6.4K)	18.5M	21.3M	13.2M
Net Invested Capital	18.1M	24.6M	92.2M	65.3M	63.4M	42.1M
Net Working Capital	(1.1M)	(2.4M)	(31.1M)	(2.6M)	(12.5M)	(13.2M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for CGX Stock Analysis

When running CGX Energy's price analysis, check to measure CGX 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 CGX Energy is operating at the current time. Most of CGX Energy's value examination focuses on studying past and present price action to predict the probability of CGX 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 CGX Energy's price. Additionally, you may evaluate how the addition of CGX Energy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC