Sky Financial Statements From 2010 to 2024
| SKPI Stock | USD 0.0002 0.07 99.71% |
Check Sky Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sky Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sky financial statements analysis is a perfect complement when working with Sky Petroleum Valuation or Volatility modules.
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Sky Petroleum Company Return On Asset Analysis
Sky Petroleum's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Sky Petroleum Return On Asset | -2.32 |
Most of Sky Petroleum's fundamental indicators, such as Return On Asset, 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, Sky Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Sky Petroleum has a Return On Asset of -2.3234. This is 5908.5% lower than that of the Energy sector and 68.09% lower than that of the Oil & Gas E&P industry. The return on asset for all United States stocks is notably higher than that of the company.
Sky Petroleum Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sky Petroleum's current stock value. Our valuation model uses many indicators to compare Sky Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sky Petroleum competition to find correlations between indicators driving Sky Petroleum's intrinsic value. More Info.Sky Petroleum is currently regarded as top stock in return on asset category among its peers. It also is currently regarded number one company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sky Petroleum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sky Petroleum's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Sky Petroleum Financial Statements
Investors use fundamental indicators, such as Sky Petroleum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sky Petroleum's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Sky Petroleum, Inc. acquires, explores, develops, and produces oil and natural gas properties of others under arrangements in which the company finances the costs in exchange for interests in the oil or natural gas revenue generated by the properties. Sky Petroleum, Inc. was founded in 2002 and is based in Frisco, Texas. Sky Petroleum 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 Sky Pink Sheet
Sky Petroleum financial ratios help investors to determine whether Sky 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 Sky with respect to the benefits of owning Sky Petroleum security.