88 Energy Financials
| 88E Stock | 0.09 0 2.70% |
EPS Estimate Current Year (0.0005) | Return On Equity (0.23) |
88E | Select Account or Indicator |
Understanding current and past 88 Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 88 Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in 88 Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of 88 Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 88 Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 88 Energy's management manipulating its earnings.
88 Energy Stock Summary
88 Energy competes with Thor Mining, GoldMining, Aeorema Communications, Zegona Communications, and Capital Drilling. 88 Energy is entity of United Kingdom. It is traded as Stock on LSE exchange.| Foreign Associate | Australia |
Specialization | Energy, Oil & Gas E&P |
| Instrument | UK Stock View All |
| Exchange | London Exchange |
| ISIN | AU00000088E2 |
| Business Address | 516 Hay Street, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | 88energy.com |
| Phone | 61 8 9485 0990 |
You should never invest in 88 Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 88E Stock, because this is throwing your money away. Analyzing the key information contained in 88 Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
88 Energy Key Financial Ratios
There are many critical financial ratios that 88 Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that 88 Energy reports annually and quarterly.| Gross Profit | 2.5 K | ||||
| EBITDA | (6.99 M) | ||||
| Net Income | (14.44 M) | ||||
| Total Asset | 156.53 M | ||||
| Retained Earnings | (254.2 M) |
88 Energy Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 93.6M | 85.4M | 145.8M | 133.0M | 156.5M | 164.4M | |
| Other Current Liab | 5.3M | 5.1M | 4.8M | 355.9K | 359.2K | 341.2K | |
| Net Debt | 6.8M | 5.9M | (32.3M) | (14.1M) | (18.2M) | (17.3M) | |
| Retained Earnings | (144.6M) | (166.6M) | (169.0M) | (239.8M) | (254.2M) | (241.5M) | |
| Accounts Payable | 1.0M | 590.4K | 1.1M | 993.9K | 480.9K | 598.3K | |
| Cash | 15.9M | 14.8M | 32.3M | 14.1M | 18.2M | 14.4M | |
| Other Assets | 23.1M | (1.0) | 413.5K | 442.8K | 509.2K | 483.8K | |
| Other Current Assets | 1.1M | 5.1M | 11.2M | 1.5M | 4.0M | 2.1M | |
| Total Liab | 29.0M | 26.4M | 5.9M | 1.3M | 840.0K | 798.0K | |
| Total Current Assets | 17.0M | 19.9M | 43.5M | 15.7M | 22.2M | 16.5M | |
| Common Stock | 185.6M | 209.0M | 285.8M | 341.0M | 379.9M | 398.9M | |
| Net Tangible Assets | 64.6M | 58.9M | 139.8M | 131.7M | 151.4M | 159.0M | |
| Net Receivables | 49.7K | 5.1M | 935.9K | 1.5M | 1.8M | 1.9M | |
| Net Invested Capital | 87.3M | 79.7M | 139.8M | 131.7M | 155.7M | 123.9M | |
| Net Working Capital | 10.7M | 14.3M | 37.5M | 14.3M | 21.3M | 16.4M | |
| Capital Stock | 185.6M | 209.0M | 285.8M | 341.0M | 379.9M | 289.8M |
88 Energy Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 3.1M | 2.6M | 1.2M | 8.6K | 8.5K | 8.1K | |
| Total Revenue | 6.4K | 50.6K | 58.1K | 5.2K | 4.4M | 2.5K | |
| Gross Profit | 35.9K | (93.4K) | (84.4K) | (57.8K) | (64.2K) | (67.4K) | |
| Operating Income | (33.7M) | (19.4M) | (1.2M) | (5.9M) | (16.0M) | (15.2M) | |
| Ebit | (63.2M) | (19.4M) | (1.2M) | (70.8M) | (16.5M) | (17.4M) | |
| Ebitda | (33.7M) | (24.0M) | 3.5M | (2.1M) | (7.0M) | (7.3M) | |
| Income Before Tax | (36.8M) | (22.0M) | (2.4M) | (70.7M) | (14.4M) | (15.2M) | |
| Net Income | (39.8M) | (24.6M) | (3.6M) | (135.6M) | (14.4M) | (15.2M) | |
| Income Tax Expense | 3.0M | 2.6M | 1.2M | 64.8M | (543.2K) | (516.0K) | |
| Cost Of Revenue | 58.1K | 93.4K | 84.4K | 60.3K | 64.2K | 48.1K | |
| Net Interest Income | (3.1M) | (2.6M) | (1.2M) | 10.7K | 492.4K | 517.0K | |
| Interest Income | 20.5K | 5.2K | 1.4K | 19.3K | 500.9K | 526.0K |
88 Energy Key Cash Accounts
Cash flow analysis captures how much money flows into and out of 88 Energy. It measures of how well 88E is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money 88 Energy brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money 88E had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what 88 Energy has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (5.8M) | (1.1M) | 17.5M | (18.2M) | 4.1M | 4.3M | |
| Free Cash Flow | (35.6M) | (46.6M) | (47.4M) | (188.2M) | (35.3M) | (37.0M) | |
| Depreciation | 29.5M | 11.5M | 121.3K | 68.7M | 9.6M | 9.4M | |
| Other Non Cash Items | 1.4M | 5.4M | (3.4M) | 135.6M | (533.6K) | (507.0K) | |
| Capital Expenditures | 29.7M | 41.5M | 41.8M | 52.6M | 29.9M | 26.0M | |
| Net Income | (36.8M) | (22.0M) | (2.4M) | (135.6M) | (14.4M) | (15.2M) | |
| End Period Cash Flow | 15.9M | 14.8M | 32.3M | 14.1M | 18.2M | 14.4M | |
| Investments | (5.9M) | (9.3M) | 3.1M | (57.8M) | (23.7M) | (24.9M) | |
| Change To Netincome | 1.4M | 5.4M | (3.4M) | (3.0M) | (2.7M) | (2.6M) |
88E Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 88 Energy's current stock value. Our valuation model uses many indicators to compare 88 Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 88 Energy competition to find correlations between indicators driving 88 Energy's intrinsic value. More Info.88 Energy is rated second in return on equity category among its peers. It also is rated second 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 88 Energy's earnings, one of the primary drivers of an investment's value.88 Energy Systematic Risk
88 Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 88 Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on 88 Energy correlated with the market. If Beta is less than 0 88 Energy generally moves in the opposite direction as compared to the market. If 88 Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 88 Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 88 Energy is generally in the same direction as the market. If Beta > 1 88 Energy moves generally in the same direction as, but more than the movement of the benchmark.
88 Energy Total Assets Over Time
88 Energy November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 88 Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 88 Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of 88 Energy based on widely used predictive technical indicators. In general, we focus on analyzing 88E Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 88 Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.78 |
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When running 88 Energy's price analysis, check to measure 88 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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 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 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.
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