Petro Financial Statements From 2010 to 2025
| PTRVF Stock | USD 0 0.00 0.00% |
Check Petro Viking financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Petro Viking's main balance sheet or income statement drivers, such as , as well as many indicators such as . Petro financial statements analysis is a perfect complement when working with Petro Viking Valuation or Volatility modules.
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Petro Viking Energy Company Return On Equity Analysis
Petro Viking's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Petro Viking Return On Equity | 0.0922 |
Most of Petro Viking's fundamental indicators, such as Return On Equity, 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, Petro Viking Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Petro Viking Energy has a Return On Equity of 0.0922. This is 104.66% lower than that of the Energy sector and 94.82% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 129.74% lower than that of the firm.
Petro Viking Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Petro Viking's current stock value. Our valuation model uses many indicators to compare Petro Viking value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Petro Viking competition to find correlations between indicators driving Petro Viking's intrinsic value. More Info.Petro Viking Energy is regarded second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.02 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Petro Viking Energy is roughly 65.86 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Petro Viking's earnings, one of the primary drivers of an investment's value.About Petro Viking Financial Statements
Petro Viking stakeholders use historical fundamental indicators, such as Petro Viking's revenue or net income, to determine how well the company is positioned to perform in the future. Although Petro Viking investors may analyze each financial statement separately, they are all interrelated. For example, changes in Petro Viking's assets and liabilities are reflected in the revenues and expenses on Petro Viking's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Petro Viking Energy. Please read more on our technical analysis and fundamental analysis pages.
Avila Energy Corporation, an integrated energy company, engages in the development, exploration, and production of oil and natural gas in Canada. The company was formerly known as Petro Viking Energy Inc. and changed its name to Avila Energy Corporation in December 2021. Avila Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Petro Pink Sheet
Petro Viking financial ratios help investors to determine whether Petro Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petro with respect to the benefits of owning Petro Viking security.