Paramount Resources Financials

Paramount Resources Stock Summary

Paramount Resources competes with Gear Energy, Birchcliff Energy, Canacol Energy, Cardinal Energy, and Headwater Exploration. Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. Paramount Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 475 people.

Paramount Resources Key Financial Ratios

There are many critical financial ratios that Paramount Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Paramount Resources reports annually and quarterly.

Paramount Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Paramount Resources's current stock value. Our valuation model uses many indicators to compare Paramount Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Paramount Resources competition to find correlations between indicators driving Paramount Resources's intrinsic value. More Info.Paramount Resources is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.55  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Paramount Resources is roughly  1.83 . 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 Paramount Resources' earnings, one of the primary drivers of an investment's value.

Paramount Resources Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Paramount Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Paramount Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Paramount Resources based on widely used predictive technical indicators. In general, we focus on analyzing Paramount Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Paramount Resources's daily price indicators and compare them against related drivers.

When running Paramount Resources' price analysis, check to measure Paramount Resources' 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 Paramount Resources is operating at the current time. Most of Paramount Resources' value examination focuses on studying past and present price action to predict the probability of Paramount Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Resources' price. Additionally, you may evaluate how the addition of Paramount Resources to your portfolios can decrease your overall portfolio volatility.