Cortus Energy Financials
| CE Stock | SEK 0.17 0.01 5.56% |
Cortus |
Understanding current and past Cortus Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cortus Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Cortus Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cortus Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cortus Energy AB. Check Cortus Energy's Beneish M Score to see the likelihood of Cortus Energy's management manipulating its earnings.
Cortus Energy Stock Summary
Cortus Energy competes with SolTech Energy, Minesto AB, SaltX Technology, and Impact Coatings. Cortus Energy AB supplies renewable energy gas generated from the gasification of biomass in Sweden. It offers energy gas based on its WoodRoll patented gasification technology for the process, power, industrial, and transportation applications. Cortus Energy is traded on Stockholm Stock Exchange in Sweden.| Foreign Associate | USA |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0001296542 |
| Business Address | Isafjordsgatan 32C, Kista, |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | cortus.se |
| Phone | 46 8 58 88 66 30 |
| Currency | SEK - Swedish Kronor |
You should never invest in Cortus Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cortus Stock, because this is throwing your money away. Analyzing the key information contained in Cortus Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cortus Energy Key Financial Ratios
Cortus Energy's financial ratios allow both analysts and investors to convert raw data from Cortus Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Cortus Energy over time and compare it to other companies across industries.| Return On Equity | -1.29 | |||
| Return On Asset | -0.33 | |||
| Target Price | 0.18 | |||
| Number Of Employees | 36 | |||
| Beta | -0.26 |
Cortus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cortus Energy's current stock value. Our valuation model uses many indicators to compare Cortus Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cortus Energy competition to find correlations between indicators driving Cortus Energy's intrinsic value. More Info.Cortus Energy AB is number one stock in return on equity category among its peers. It also is number one stock 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 Cortus Energy's earnings, one of the primary drivers of an investment's value.Cortus Energy AB Systematic Risk
Cortus Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cortus 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cortus Energy AB correlated with the market. If Beta is less than 0 Cortus Energy generally moves in the opposite direction as compared to the market. If Cortus Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cortus Energy AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cortus Energy is generally in the same direction as the market. If Beta > 1 Cortus Energy moves generally in the same direction as, but more than the movement of the benchmark.
Cortus Energy December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cortus Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cortus Energy AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cortus Energy AB based on widely used predictive technical indicators. In general, we focus on analyzing Cortus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cortus Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 49.78 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 8.0 |
Additional Tools for Cortus Stock Analysis
When running Cortus Energy's price analysis, check to measure Cortus 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 Cortus Energy is operating at the current time. Most of Cortus Energy's value examination focuses on studying past and present price action to predict the probability of Cortus 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 Cortus Energy's price. Additionally, you may evaluate how the addition of Cortus Energy to your portfolios can decrease your overall portfolio volatility.