Oil And Gas Stock Total Debt
| OGDC Stock | 191.87 0.11 0.06% |
Oil and Gas fundamentals help investors to digest information that contributes to Oil's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil stock.
Oil |
Oil and Gas Company Total Debt Analysis
Oil's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Based on the latest financial disclosure, Oil and Gas has a Total Debt of 0.0. This is 100.0% lower than that of the Energy sector and about the same as Oil, Gas & Consumable Fuels (which currently averages 0.0) industry. The total debt for all Pakistan stocks is 100.0% higher than that of the company.
Oil Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil could also be used in its relative valuation, which is a method of valuing Oil by comparing valuation metrics of similar companies.Oil is currently under evaluation in total debt category among its peers.
Oil Fundamentals
| Revenue | 335.46 B | |||
| EBITDA | 262.22 B | |||
| Net Income | 133.78 B | |||
| Cash Flow From Operations | 72.36 B | |||
| Total Asset | 1.13 T | |||
| Net Asset | 1.13 T |
About Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oil and Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil and Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with Oil Stock
| 0.95 | PSO | Pakistan State Oil | PairCorr |
| 0.97 | PPL | Pakistan Petroleum | PairCorr |
| 0.94 | FFC | Fauji Fertilizer | PairCorr |
| 0.69 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oil and Gas to buy it.
The correlation of Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oil and Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Oil Stock
Oil financial ratios help investors to determine whether Oil Stock 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 Oil with respect to the benefits of owning Oil security.