True North Energy Stock Operating Margin
| TNEN Stock | USD 0.0001 0.00 0.00% |
True North Energy fundamentals help investors to digest information that contributes to True North's financial success or failures. It also enables traders to predict the movement of True Pink Sheet. The fundamental analysis module provides a way to measure True North'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 True North pink sheet.
True |
True North Energy Company Operating Margin Analysis
True North's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current True North Operating Margin | (0.45) % |
Most of True North's fundamental indicators, such as Operating Margin, 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, True North Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, True North Energy has an Operating Margin of -0.4453%. This is 106.23% lower than that of the Energy sector and 101.68% lower than that of the Oil & Gas E&P industry. The operating margin for all United States stocks is 91.92% lower than that of the firm.
True Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses True North's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of True North could also be used in its relative valuation, which is a method of valuing True North by comparing valuation metrics of similar companies.True North is currently under evaluation in operating margin category among its peers.
True Fundamentals
| Return On Equity | -1.37 | |||
| Return On Asset | -0.0782 | |||
| Profit Margin | (1.30) % | |||
| Operating Margin | (0.45) % | |||
| Current Valuation | 912.45 K | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 0.45 X | |||
| Revenue | 151 | |||
| Gross Profit | 692.31 K | |||
| EBITDA | 164.66 K | |||
| Net Income | 154.96 K | |||
| Cash And Equivalents | 163.91 K | |||
| Cash Per Share | 1.11 X | |||
| Total Debt | 3.34 M | |||
| Debt To Equity | 4.11 % | |||
| Current Ratio | 0.21 X | |||
| Book Value Per Share | 5.66 X | |||
| Cash Flow From Operations | (31.46 K) | |||
| Earnings Per Share | (16.94) X | |||
| Beta | 1.84 | |||
| Market Capitalization | 823.43 K | |||
| Total Asset | 21.05 K | |||
| Retained Earnings | (27.79 M) | |||
| Working Capital | (3.51 M) | |||
| Current Asset | 24 K | |||
| Current Liabilities | 3.53 M | |||
| Net Asset | 21.05 K |
About True North Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze True North Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of True North using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of True North Energy 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 True North
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 True North 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 True North will appreciate offsetting losses from the drop in the long position's value.Moving against True Pink Sheet
The ability to find closely correlated positions to True North could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace True North 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 True North - 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 True North Energy to buy it.
The correlation of True North 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 True North moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if True North Energy 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 True North 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 True Pink Sheet
True North financial ratios help investors to determine whether True Pink Sheet 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 True with respect to the benefits of owning True North security.