Texas Financial Statements From 2010 to 2025
| TXGE Stock | USD 2,726 20.19 0.74% |
Check Texas Gulf financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Gulf's main balance sheet or income statement drivers, such as , as well as many indicators such as . Texas financial statements analysis is a perfect complement when working with Texas Gulf Valuation or Volatility modules.
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Texas Gulf Energy Company Return On Equity Analysis
Texas Gulf'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 Texas Gulf Return On Equity | -1.64 |
Most of Texas Gulf'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, Texas Gulf 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, Texas Gulf Energy has a Return On Equity of -1.643. This is 17.02% lower than that of the Energy sector and 90.57% lower than that of the Oil & Gas Equipment & Services industry. The return on equity for all United States stocks is notably higher than that of the company.
Texas Gulf Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Texas Gulf's current stock value. Our valuation model uses many indicators to compare Texas Gulf value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Texas Gulf competition to find correlations between indicators driving Texas Gulf's intrinsic value. More Info.Texas Gulf Energy is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers . 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 Texas Gulf's earnings, one of the primary drivers of an investment's value.About Texas Gulf Financial Statements
Texas Gulf stakeholders use historical fundamental indicators, such as Texas Gulf's revenue or net income, to determine how well the company is positioned to perform in the future. Although Texas Gulf investors may analyze each financial statement separately, they are all interrelated. For example, changes in Texas Gulf's assets and liabilities are reflected in the revenues and expenses on Texas Gulf'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 Texas Gulf Energy. Please read more on our technical analysis and fundamental analysis pages.
Texas Gulf Energy, Inc. provides turnkey and specialty construction services to a range of industrial and energy sector clients in the United States. It serves engineering firms, general contractors, petrochemical and industrial gas companies, integrated oil companies, and independent petroleum refiners, as well as pipeline, terminal, and oil and gas marketing companies. Texas Gulf operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 32 people.
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Other Information on Investing in Texas Pink Sheet
Texas Gulf financial ratios help investors to determine whether Texas 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 Texas with respect to the benefits of owning Texas Gulf security.