Oil Country Tubular Stock Return On Asset

OILCOUNTUB   69.79  3.07  4.21%   
Oil Country Tubular fundamentals help investors to digest information that contributes to Oil Country'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 Country'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 Country stock.
  
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Oil Country Tubular Company Return On Asset Analysis

Oil Country's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Oil Country Return On Asset

    
  -0.0967  
Most of Oil Country's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Country Tubular is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Oil Total Assets

Total Assets

4.11 Billion

At this time, Oil Country's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Oil Country Tubular has a Return On Asset of -0.0967. This is 341.75% lower than that of the Energy Equipment & Services sector and 96.13% lower than that of the Energy industry. The return on asset for all India stocks is 30.93% lower than that of the firm.

Oil Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Country's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil Country could also be used in its relative valuation, which is a method of valuing Oil Country by comparing valuation metrics of similar companies.
Oil Country is currently under evaluation in return on asset category among its peers.

Oil Fundamentals

About Oil Country Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oil Country Tubular's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Country using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Country Tubular 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Oil Stock

Oil Country 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 Country security.