88E Issuance Of Capital Stock vs Capital Expenditures Analysis

88E Stock

0.09 0 2.78%

88 Energy financial indicator trend analysis is way more than just evaluating 88 Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 88 Energy is a good investment. Please check the relationship between 88 Energy Issuance Of Capital Stock and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 88 Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Issuance Of Capital Stock vs Capital Expenditures

Issuance Of Capital Stock vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 88 Energy Issuance Of Capital Stock account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between 88 Energy's Issuance Of Capital Stock and Capital Expenditures is -0.16. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of 88 Energy, assuming nothing else is changed. The correlation between historical values of 88 Energy's Issuance Of Capital Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of 88 Energy are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Issuance Of Capital Stock i.e., 88 Energy's Issuance Of Capital Stock and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Issuance Of Capital Stock

Capital Expenditures

Capital Expenditures are funds used by 88 Energy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of 88 Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from 88 Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 88 Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 88 Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of December 3, 2024, Selling General Administrative is expected to decline to about 2.4 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 34.1 M

	2023	2024 (projected)
Reconciled Depreciation	66.8K	41.3K
Interest Income	500.9K	526.0K

Reconciled Depreciation Interest Income

88 Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Net Receivables	Short Term Investments
Total Assets		0.31	0.16	0.98	0.99	-0.54	-0.9	0.44	0.77	0.99	0.2	0.17	0.77	0.96	0.9	0.16	0.59	0.56	0.2	0.16	0.78	0.21	0.95	0.97	0.43	-0.65
Other Current Liab	0.31		0.61	0.11	0.2	0.28	-0.04	0.19	0.69	0.22	0.78	0.66	0.69	0.34	-0.07	0.89	0.32	-0.42	0.92	0.84	0.64	0.29	0.05	0.09	0.09	-0.61
Total Current Liabilities	0.16	0.61		0.02	0.09	0.35	0.03	-0.15	0.31	0.14	0.64	0.63	0.31	0.16	-0.09	0.63	0.02	-0.09	0.63	0.56	0.26	0.2	-0.02	0.01	-0.08	-0.39
Total Stockholder Equity	0.98	0.11	0.02		0.99	-0.67	-0.92	0.44	0.68	0.98	0.0	0.0	0.68	0.92	0.96	-0.06	0.6	0.69	-0.02	-0.05	0.7	0.15	0.98	1.0	0.42	-0.54
Property Plant And Equipment Net	0.99	0.2	0.09	0.99		-0.61	-0.92	0.42	0.71	0.99	0.08	0.07	0.71	0.95	0.94	0.04	0.6	0.65	0.08	0.04	0.73	0.18	0.97	0.99	0.42	-0.61
Net Debt	-0.54	0.28	0.35	-0.67	-0.61		0.52	-0.41	-0.44	-0.5	0.6	0.5	-0.44	-0.41	-0.64	0.61	-0.66	-0.72	0.55	0.63	-0.53	0.0	-0.61	-0.68	-0.12	0.06
Retained Earnings	-0.9	-0.04	0.03	-0.92	-0.92	0.52		-0.41	-0.53	-0.93	0.01	0.1	-0.53	-0.94	-0.96	0.04	-0.5	-0.69	0.02	0.08	-0.55	-0.21	-0.98	-0.92	-0.59	0.62
Accounts Payable	0.44	0.19	-0.15	0.44	0.42	-0.41	-0.41		0.48	0.4	0.02	-0.01	0.48	0.43	0.36	0.03	0.47	0.14	0.07	-0.06	0.51	0.31	0.42	0.45	0.19	-0.2
Cash	0.77	0.69	0.31	0.68	0.71	-0.44	-0.53	0.48		0.69	0.36	0.33	1.0	0.7	0.5	0.44	0.67	0.15	0.5	0.37	0.98	0.31	0.58	0.67	0.21	-0.64
Non Current Assets Total	0.99	0.22	0.14	0.98	0.99	-0.5	-0.93	0.4	0.69		0.18	0.16	0.69	0.96	0.93	0.12	0.51	0.6	0.15	0.13	0.69	0.19	0.96	0.97	0.43	-0.62
Non Currrent Assets Other	0.2	0.78	0.64	0.0	0.08	0.6	0.01	0.02	0.36	0.18		0.88	0.36	0.27	-0.14	0.92	-0.05	-0.53	0.91	0.95	0.28	0.26	-0.03	-0.02	0.07	-0.41
Other Assets	0.17	0.66	0.63	0.0	0.07	0.5	0.1	-0.01	0.33	0.16	0.88		0.33	0.14	-0.17	0.79	-0.21	-0.42	0.77	0.83	0.21	0.21	-0.08	-0.01	-0.36	-0.32
Cash And Short Term Investments	0.77	0.69	0.31	0.68	0.71	-0.44	-0.53	0.48	1.0	0.69	0.36	0.33		0.7	0.5	0.44	0.67	0.15	0.5	0.37	0.98	0.31	0.58	0.67	0.21	-0.64
Common Stock Total Equity	0.96	0.34	0.16	0.92	0.95	-0.41	-0.94	0.43	0.7	0.96	0.27	0.14	0.7		0.89	0.23	0.59	0.49	0.26	0.21	0.72	0.24	0.95	0.91	0.6	-0.72
Common Stock Shares Outstanding	0.9	-0.07	-0.09	0.96	0.94	-0.64	-0.96	0.36	0.5	0.93	-0.14	-0.17	0.5	0.89		-0.18	0.49	0.76	-0.15	-0.19	0.53	0.09	0.99	0.95	0.51	-0.49
Non Current Liabilities Total	0.16	0.89	0.63	-0.06	0.04	0.61	0.04	0.03	0.44	0.12	0.92	0.79	0.44	0.23	-0.18		-0.07	-0.57	1.0	0.95	0.34	0.25	-0.07	-0.08	0.07	-0.51
Other Current Assets	0.59	0.32	0.02	0.6	0.6	-0.66	-0.5	0.47	0.67	0.51	-0.05	-0.21	0.67	0.59	0.49	-0.07		0.31	0.0	-0.08	0.8	0.19	0.55	0.61	0.47	-0.36
Other Stockholder Equity	0.56	-0.42	-0.09	0.69	0.65	-0.72	-0.69	0.14	0.15	0.6	-0.53	-0.42	0.15	0.49	0.76	-0.57	0.31		-0.55	-0.58	0.2	0.13	0.71	0.68	0.17	-0.23
Total Liab	0.2	0.92	0.63	-0.02	0.08	0.55	0.02	0.07	0.5	0.15	0.91	0.77	0.5	0.26	-0.15	1.0	0.0	-0.55		0.95	0.41	0.26	-0.04	-0.04	0.08	-0.54
Property Plant And Equipment Gross	0.16	0.84	0.56	-0.05	0.04	0.63	0.08	-0.06	0.37	0.13	0.95	0.83	0.37	0.21	-0.19	0.95	-0.08	-0.58	0.95		0.28	0.25	-0.09	-0.07	0.04	-0.43
Total Current Assets	0.78	0.64	0.26	0.7	0.73	-0.53	-0.55	0.51	0.98	0.69	0.28	0.21	0.98	0.72	0.53	0.34	0.8	0.2	0.41	0.28		0.3	0.61	0.7	0.29	-0.61
Intangible Assets	0.21	0.29	0.2	0.15	0.18	0.0	-0.21	0.31	0.31	0.19	0.26	0.21	0.31	0.24	0.09	0.25	0.19	0.13	0.26	0.25	0.3		0.15	0.11	0.08	-0.38
Common Stock	0.95	0.05	-0.02	0.98	0.97	-0.61	-0.98	0.42	0.58	0.96	-0.03	-0.08	0.58	0.95	0.99	-0.07	0.55	0.71	-0.04	-0.09	0.61	0.15		0.97	0.54	-0.58
Net Tangible Assets	0.97	0.09	0.01	1.0	0.99	-0.68	-0.92	0.45	0.67	0.97	-0.02	-0.01	0.67	0.91	0.95	-0.08	0.61	0.68	-0.04	-0.07	0.7	0.11	0.97		0.41	-0.51
Net Receivables	0.43	0.09	-0.08	0.42	0.42	-0.12	-0.59	0.19	0.21	0.43	0.07	-0.36	0.21	0.6	0.51	0.07	0.47	0.17	0.08	0.04	0.29	0.08	0.54	0.41		-0.31
Short Term Investments	-0.65	-0.61	-0.39	-0.54	-0.61	0.06	0.62	-0.2	-0.64	-0.62	-0.41	-0.32	-0.64	-0.72	-0.49	-0.51	-0.36	-0.23	-0.54	-0.43	-0.61	-0.38	-0.58	-0.51	-0.31

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88 Energy Account Relationship Matchups

88 Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	93.6M	85.4M	145.8M	133.0M	156.5M	164.4M
Other Current Liab	5.3M	5.1M	4.8M	355.9K	359.2K	341.2K
Total Current Liabilities	6.3M	5.7M	5.9M	1.3M	840.0K	798.0K
Total Stockholder Equity	64.6M	58.9M	139.8M	131.7M	155.7M	163.5M
Property Plant And Equipment Net	52.9M	48.2M	101.4M	96.4M	110.7M	116.2M
Net Debt	6.8M	5.9M	(32.3M)	(14.1M)	(18.2M)	(17.3M)
Retained Earnings	(144.6M)	(166.6M)	(169.0M)	(239.8M)	(254.2M)	(241.5M)
Accounts Payable	1.0M	590.4K	1.1M	993.9K	480.9K	598.3K
Cash	15.9M	14.8M	32.3M	14.1M	18.2M	14.4M
Non Current Assets Total	76.6M	65.4M	102.3M	117.4M	134.4M	141.1M
Non Currrent Assets Other	23.2M	16.8M	523.1K	497.6K	439.6K	417.6K
Other Assets	23.1M	(1.0)	413.5K	442.8K	509.2K	483.8K
Cash And Short Term Investments	15.9M	14.8M	32.3M	14.1M	18.2M	14.4M
Common Stock Total Equity	141.7M	179.3M	185.6M	209.0M	240.3M	252.3M
Common Stock Shares Outstanding	6.3B	8.2B	13.1B	16.8B	22.6B	23.8B
Liabilities And Stockholders Equity	93.6M	85.4M	145.8M	133.0M	156.5M	164.4M
Non Current Liabilities Total	22.7M	20.8M	1.1M	993.9K	(41.0)	(38.95)
Other Current Assets	1.1M	5.1M	11.2M	1.5M	4.0M	2.1M
Total Liab	29.0M	26.4M	5.9M	1.3M	840.0K	798.0K
Property Plant And Equipment Gross	53.0M	48.4M	320.1K	20.3K	306.3K	291.0K
Total Current Assets	17.0M	19.9M	43.5M	15.7M	22.2M	16.5M
Accumulated Other Comprehensive Income	23.6M	16.6M	23.1M	30.5M	30.0M	31.5M
Common Stock	185.6M	209.0M	285.8M	341.0M	379.9M	398.9M
Net Tangible Assets	64.6M	58.9M	139.8M	131.7M	151.4M	159.0M
Net Receivables	49.7K	5.1M	935.9K	1.5M	1.8M	1.9M
Property Plant Equipment	53.0M	48.4M	101.5M	96.5M	111.0M	116.5M
Short Long Term Debt Total	21.2M	23.4M	22.7M	20.8M	23.9M	22.3M
Net Invested Capital	87.3M	79.7M	139.8M	131.7M	155.7M	123.9M
Net Working Capital	10.7M	14.3M	37.5M	14.3M	21.3M	16.4M
Capital Stock	185.6M	209.0M	285.8M	341.0M	379.9M	289.8M

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Other Information on Investing in 88E Stock

Balance Sheet is a snapshot of the financial position of 88 Energy at a specified time, usually calculated after every quarter, six months, or one year. 88 Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 88 Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 88E currently owns. An asset can also be divided into two categories, current and non-current.

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88E Issuance Of Capital Stock vs Capital Expenditures Analysis

Issuance Of Capital Stock vs Capital Expenditures

Issuance Of Capital Stock vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Issuance Of Capital Stock

Capital Expenditures

88 Energy fundamental ratios Correlations

88 Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

88 Energy fundamental ratios Accounts

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Other Information on Investing in 88E Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity

Common Stock	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Common Stock Total Equity	- 0.94	Retained Earnings
Non Current Assets Total	- 0.93	Retained Earnings
Net Tangible Assets	- 0.92	Retained Earnings
Retained Earnings	- 0.92	Property Plant And Equipment Net