Obsidian Historical Balance Sheet
OBE Stock | USD 5.71 0.13 2.33% |
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.
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.
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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
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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.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 bureau of labor statistics. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.At present, Obsidian Energy's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 260.7 M, whereas Short and Long Term Debt Total is forecasted to decline to about 216.6 M.
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 |
Obsidian Energy balance sheet Correlations
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Obsidian Energy Account Relationship Matchups
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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 | 140M | 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 | 260.7M | |
Non Current Assets Total | 1.7B | 905.2M | 1.3B | 2.1B | 2.2B | 2.0B | |
Net Receivables | 71M | 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 | |
Total Liab | 812M | 641M | 665.7M | 624.6M | 606.6M | 576.3M | |
Total Current Assets | 169M | 58.9M | 87.1M | 100.3M | 94.6M | 89.9M | |
Other Stockholder Equity | 101.8M | 103.6M | 103.2M | 101.2M | 91.1M | 86.5M | |
Accumulated Other Comprehensive Income | 102M | 103.6M | 103.2M | 101.2M | 104.1M | 99.4M | |
Short Term Debt | 463M | 456.6M | 395.1M | 3.2M | 3.9M | 3.7M | |
Cash And Short Term Investments | 1M | 8.1M | 7.3M | 800K | 500K | 475K | |
Inventory | 85M | 800K | 1.8M | 6.2M | 1.0 | 0.95 | |
Cash | 1M | 8.1M | 7.3M | 800K | 500K | 475K | |
Long Term Debt | 402M | 27M | 0.0 | 225.3M | 218M | 207.1M | |
Long Term Debt Total | 112M | 5.6M | 4.6M | 228.1M | 205.3M | 195.0M | |
Property Plant Equipment | 1.7B | 905.2M | 1.3B | 1.9B | 1.7B | 2.5B | |
Other Liab | 96.6M | 87.8M | 130.6M | 173.6M | 199.6M | 149.3M | |
Net Tangible Assets | 1.1B | 323.1M | 763.5M | 1.6B | 1.4B | 900.3M | |
Net Invested Capital | 1.6B | 774.9M | 1.2B | 1.8B | 1.9B | 1.3B | |
Short Long Term Debt | 434M | 451.8M | 391M | 2M | 1.8M | 1.7M | |
Net Working Capital | (434M) | (488.7M) | (443.4M) | (122.6M) | (135.4M) | (142.2M) |
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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.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: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 bureau of labor statistics. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.4 | Earnings Share 1.01 | Revenue Per Share 9.012 | Quarterly Revenue Growth 0.075 | Return On Assets 0.0519 |
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.