Shelf Drilling Stock Net Income

SHLF Stock   10.26  0.44  4.48%   
Shelf Drilling fundamentals help investors to digest information that contributes to Shelf Drilling's financial success or failures. It also enables traders to predict the movement of Shelf Stock. The fundamental analysis module provides a way to measure Shelf Drilling'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 Shelf Drilling stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Shelf Drilling Company Net Income Analysis

Shelf Drilling's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Shelf Drilling Net Income

    
  (78.64 M)  
Most of Shelf Drilling's fundamental indicators, such as Net Income, 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, Shelf Drilling is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Shelf Drilling reported net income of (78.64 Million). This is 103.46% lower than that of the Energy sector and 80.4% lower than that of the Oil & Gas Drilling industry. The net income for all Norway stocks is 113.77% higher than that of the company.

Shelf Net Income Peer Comparison

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

Shelf Fundamentals

About Shelf Drilling Fundamental Analysis

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

Shelf Drilling financial ratios help investors to determine whether Shelf 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 Shelf with respect to the benefits of owning Shelf Drilling security.