Obsidian Historical Balance Sheet

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Trend analysis of Obsidian Energy balance sheet accounts such as Total Current Liabilities of 441.3 M provides information on Obsidian Energy's total assets, liabilities, and equity, which is the actual value of Obsidian Energy to its prevalent stockholders. By breaking down trends over time using Obsidian Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

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Financial Statement Analysis is much more than just reviewing and examining Obsidian Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Obsidian Energy is a good buy for the upcoming year.

Obsidian Energy Inventory

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian 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 board of governors.

To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.

About Obsidian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Obsidian Energy at a specified time, usually calculated after every quarter, six months, or one year. Obsidian Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Obsidian 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 Obsidian currently owns. An asset can also be divided into two categories, current and non-current.

Obsidian Energy Balance Sheet Chart

At this time, Obsidian Energy's Property Plant Equipment is very stable compared to the past year. As of the 11th of December 2024, Long Term Debt Total is likely to grow to about 324 M, while Total Assets are likely to drop about 2.1 B.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Current Assets Long Term Debt

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Total Assets

Total assets refers to the total amount of Obsidian Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Obsidian Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Obsidian Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Obsidian Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Obsidian Energy has held for over one year. Long-term debt appears on Obsidian Energy balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Obsidian Energy balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most accounts from Obsidian Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Obsidian Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian 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 board of governors.

To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.At this time, Obsidian Energy's Property Plant Equipment is very stable compared to the past year. As of the 11th of December 2024, Long Term Debt Total is likely to grow to about 324 M, while Total Assets are likely to drop about 2.1 B.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	399.7M	231.3M	228M	216.6M
Total Assets	1.4B	2.2B	2.3B	2.1B

Short Long Term Debt Total Total Assets

Obsidian Energy balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Stockholder Equity	Non Currrent Assets Other	Good Will	Current Deferred Revenue	Other Assets	Short Term Debt	Other Liab
Total Assets		0.97	0.96	0.85	0.98	1.0	0.97	0.06	0.32	1.0	0.65	0.81	0.01	0.99	0.94	0.99	0.57	0.95	0.8	0.56	0.08	0.9	0.57	0.39	-0.3	0.83
Short Long Term Debt Total	0.97		0.94	0.89	0.92	0.97	1.0	-0.06	0.16	0.97	0.62	0.83	-0.02	0.98	0.88	0.99	0.49	0.92	0.82	0.56	0.0	0.82	0.66	0.43	-0.13	0.82
Other Current Liab	0.96	0.94		0.91	0.93	0.95	0.94	0.06	0.23	0.96	0.56	0.76	0.02	0.95	0.91	0.96	0.56	0.9	0.76	0.75	0.06	0.83	0.57	0.41	-0.22	0.77
Total Current Liabilities	0.85	0.89	0.91		0.82	0.85	0.89	-0.04	-0.01	0.85	0.48	0.72	0.13	0.84	0.84	0.88	0.47	0.81	0.72	0.65	-0.17	0.73	0.54	0.53	0.16	0.62
Total Stockholder Equity	0.98	0.92	0.93	0.82		0.98	0.92	0.1	0.41	0.98	0.64	0.78	0.02	0.96	0.94	0.96	0.6	0.93	0.78	0.53	0.11	0.91	0.49	0.4	-0.38	0.79
Property Plant And Equipment Net	1.0	0.97	0.95	0.85	0.98		0.97	0.03	0.3	1.0	0.66	0.82	0.0	0.99	0.92	0.99	0.55	0.95	0.82	0.54	0.1	0.88	0.61	0.38	-0.3	0.84
Net Debt	0.97	1.0	0.94	0.89	0.92	0.97		-0.06	0.17	0.97	0.62	0.83	-0.02	0.98	0.88	0.99	0.49	0.92	0.82	0.56	0.0	0.82	0.65	0.43	-0.13	0.82
Retained Earnings	0.06	-0.06	0.06	-0.04	0.1	0.03	-0.06		0.15	0.06	-0.08	-0.54	-0.26	0.02	0.24	0.01	0.21	-0.11	-0.53	0.24	0.23	0.27	-0.37	-0.06	-0.23	0.14
Accounts Payable	0.32	0.16	0.23	-0.01	0.41	0.3	0.17	0.15		0.31	0.42	0.24	0.22	0.26	0.29	0.22	0.53	0.38	0.25	0.15	0.21	0.48	-0.29	0.05	-0.74	0.07
Non Current Assets Total	1.0	0.97	0.96	0.85	0.98	1.0	0.97	0.06	0.31		0.65	0.8	0.0	0.99	0.94	0.99	0.57	0.95	0.8	0.56	0.08	0.9	0.57	0.4	-0.3	0.83
Net Receivables	0.65	0.62	0.56	0.48	0.64	0.66	0.62	-0.08	0.42	0.65		0.6	-0.02	0.66	0.46	0.64	0.36	0.77	0.59	0.08	0.05	0.51	0.53	0.23	-0.17	0.56
Common Stock Total Equity	0.81	0.83	0.76	0.72	0.78	0.82	0.83	-0.54	0.24	0.8	0.6		0.19	0.81	0.65	0.82	0.38	0.87	1.0	0.31	-0.05	0.61	0.66	0.36	-0.17	0.6
Common Stock Shares Outstanding	0.01	-0.02	0.02	0.13	0.02	0.0	-0.02	-0.26	0.22	0.0	-0.02	0.19		-0.08	0.02	-0.04	0.32	0.04	0.18	-0.07	0.02	0.04	-0.25	0.39	0.2	-0.49
Non Current Liabilities Total	0.99	0.98	0.95	0.84	0.96	0.99	0.98	0.02	0.26	0.99	0.66	0.81	-0.08		0.91	1.0	0.53	0.94	0.81	0.55	0.05	0.86	0.63	0.39	-0.28	0.88
Other Current Assets	0.94	0.88	0.91	0.84	0.94	0.92	0.88	0.24	0.29	0.94	0.46	0.65	0.02	0.91		0.92	0.56	0.86	0.65	0.62	0.01	0.95	0.34	0.34	-0.25	0.76
Total Liab	0.99	0.99	0.96	0.88	0.96	0.99	0.99	0.01	0.22	0.99	0.64	0.82	-0.04	1.0	0.92		0.53	0.94	0.81	0.57	0.02	0.86	0.64	0.42	-0.21	0.86
Property Plant And Equipment Gross	0.57	0.49	0.56	0.47	0.6	0.55	0.49	0.21	0.53	0.57	0.36	0.38	0.32	0.53	0.56	0.53		0.47	0.38	0.36	-0.26	0.59	0.06	0.71	-0.31	0.36
Total Current Assets	0.95	0.92	0.9	0.81	0.93	0.95	0.92	-0.11	0.38	0.95	0.77	0.87	0.04	0.94	0.86	0.94	0.47		0.86	0.49	0.05	0.84	0.58	0.27	-0.27	0.76
Common Stock	0.8	0.82	0.76	0.72	0.78	0.82	0.82	-0.53	0.25	0.8	0.59	1.0	0.18	0.81	0.65	0.81	0.38	0.86		0.31	-0.05	0.61	0.65	0.37	-0.18	0.59
Other Stockholder Equity	0.56	0.56	0.75	0.65	0.53	0.54	0.56	0.24	0.15	0.56	0.08	0.31	-0.07	0.55	0.62	0.57	0.36	0.49	0.31		0.08	0.55	0.15	0.15	-0.19	0.41
Non Currrent Assets Other	0.08	0.0	0.06	-0.17	0.11	0.1	0.0	0.23	0.21	0.08	0.05	-0.05	0.02	0.05	0.01	0.02	-0.26	0.05	-0.05	0.08		0.0	0.07	-0.52	-0.47	-0.01
Good Will	0.9	0.82	0.83	0.73	0.91	0.88	0.82	0.27	0.48	0.9	0.51	0.61	0.04	0.86	0.95	0.86	0.59	0.84	0.61	0.55	0.0		0.18	0.34	-0.36	0.68
Current Deferred Revenue	0.57	0.66	0.57	0.54	0.49	0.61	0.65	-0.37	-0.29	0.57	0.53	0.66	-0.25	0.63	0.34	0.64	0.06	0.58	0.65	0.15	0.07	0.18		0.2	0.07	0.7
Other Assets	0.39	0.43	0.41	0.53	0.4	0.38	0.43	-0.06	0.05	0.4	0.23	0.36	0.39	0.39	0.34	0.42	0.71	0.27	0.37	0.15	-0.52	0.34	0.2		0.18	0.2
Short Term Debt	-0.3	-0.13	-0.22	0.16	-0.38	-0.3	-0.13	-0.23	-0.74	-0.3	-0.17	-0.17	0.2	-0.28	-0.25	-0.21	-0.31	-0.27	-0.18	-0.19	-0.47	-0.36	0.07	0.18		-0.31
Other Liab	0.83	0.82	0.77	0.62	0.79	0.84	0.82	0.14	0.07	0.83	0.56	0.6	-0.49	0.88	0.76	0.86	0.36	0.76	0.59	0.41	-0.01	0.68	0.7	0.2	-0.31

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Obsidian Energy Account Relationship Matchups

Obsidian Energy balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	964.1M	1.4B	2.2B	2.3B	2.1B
Short Long Term Debt Total	575M	462.2M	399.7M	231.3M	228M	216.6M
Other Current Liab	30.2M	16.9M	27.6M	34.1M	32.6M	31.0M
Total Current Liabilities	603M	547.6M	530.5M	222.9M	230M	441.3M
Total Stockholder Equity	1.1B	323.1M	763.5M	1.6B	1.6B	3.1B
Property Plant And Equipment Net	1.7B	905.2M	1.3B	1.9B	1.9B	1.8B
Net Debt	574M	454.1M	392.4M	230.5M	227.5M	216.1M
Retained Earnings	(1.2B)	(2.0B)	(1.6B)	(743.4M)	(635.4M)	(667.2M)
Accounts Payable	111M	74.1M	107.8M	185.6M	193.5M	170.7M
Non Current Assets Total	1.7B	905.2M	1.3B	2.1B	2.2B	2.0B
Net Receivables	70.5M	40.8M	68.9M	82.6M	70M	66.5M
Common Stock Shares Outstanding	72.9M	73.3M	77.6M	84.4M	84.1M	59.8M
Liabilities And Stockholders Equity	1.9B	964.1M	1.4B	2.2B	2.3B	2.1B
Non Current Liabilities Total	209M	93.4M	135.2M	401.7M	376.6M	357.8M
Other Current Assets	98M	10M	10.9M	27.6M	24.1M	22.9M
Total Liab	812M	641M	665.7M	624.6M	606.6M	576.3M
Property Plant And Equipment Gross	1.7B	905.2M	10.6B	11.0B	11.3B	7.4B
Total Current Assets	169M	58.9M	87.1M	100.3M	94.6M	89.9M
Other Stockholder Equity	102M	103.6M	103.2M	101.2M	91.1M	86.5M
Accumulated Other Comprehensive Income	102M	103.6M	103.2M	101.2M	104.1M	109.3M
Non Currrent Assets Other	(700K)	(905.2M)	(1.3B)	(300K)	1M	950K
Short Term Debt	463M	456.6M	395.1M	3.2M	3.9M	3.7M
Other Liab	97M	87.8M	130.6M	173.6M	156.2M	148.4M
Net Tangible Assets	1.1B	323.1M	763.5M	1.6B	1.4B	1.9B
Long Term Debt	402M	27M	0.0	225.3M	218M	207.1M
Cash And Short Term Investments	1M	8.1M	7.3M	800K	500K	475K
Inventory	85M	800K	1.8M	6.2M	1.0	0.95
Short Long Term Debt	434M	451.8M	391M	2M	1.8M	1.7M
Property Plant Equipment	1.7B	905.2M	1.3B	1.9B	1.7B	3.0B
Cash	1M	8.1M	7.3M	800K	500K	475K
Long Term Debt Total	112M	5.6M	4.6M	228.1M	205.3M	324.0M
Net Invested Capital	1.6B	774.9M	1.2B	1.8B	1.9B	1.4B
Net Working Capital	(434M)	(488.7M)	(443.4M)	(122.6M)	(135.4M)	(142.2M)

Pair Trading with Obsidian Energy

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 Obsidian Energy 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 Obsidian Energy will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Obsidian Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Obsidian Energy 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 Obsidian Energy - 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 Obsidian Energy to buy it.

The correlation of Obsidian Energy 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 Obsidian Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Obsidian 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 Obsidian Energy 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.

Pair Correlation Correlation Matching

When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:

How To Invest In Obsidian

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Is Obsidian Stock a good investment?

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What is Obsidian Energy's Net Worth?

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To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Obsidian Historical Balance Sheet

Obsidian Energy Inventory

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About Obsidian Balance Sheet Analysis

Obsidian Energy Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Current Assets

Long Term Debt

Obsidian Energy balance sheet Correlations

Obsidian Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Obsidian Energy balance sheet Accounts

Pair Trading with Obsidian Energy

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total

Short Term Debt	- 0.74	Accounts Payable
Common Stock Total Equity	- 0.54	Retained Earnings
Common Stock	- 0.53	Retained Earnings
Other Assets	- 0.52	Non Currrent Assets Other
Other Liab	- 0.49	Common Stock Shares Outstanding
Short Term Debt	- 0.47	Non Currrent Assets Other