Trican Well Financials

Trican Well Stock Summary

Trican Well competes with STEP Energy, Koil Energy, TerraVest Industries, Source Energy, and Total Energy. Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada. TRICAN WELL operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 1032 people.

Trican Well Key Financial Ratios

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

Trican Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Trican Well's current stock value. Our valuation model uses many indicators to compare Trican Well value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trican Well competition to find correlations between indicators driving Trican Well's intrinsic value. More Info.Trican Well Service is rated third in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about  0.60  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Trican Well Service is roughly  1.67 . 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 Trican Well's earnings, one of the primary drivers of an investment's value.

Trican Well Service Systematic Risk

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

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