Obsidian Ebitda vs Net Income Analysis

OBE Stock

USD 5.76 0.05 0.88%

Obsidian Energy financial indicator trend analysis is much more than just breaking down Obsidian Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Obsidian Energy is a good investment. Please check the relationship between Obsidian Energy Ebitda and its Net Income accounts. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Obsidian Energy Ebitda account and Net Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Obsidian Energy's Ebitda and Net Income is 0.34. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Obsidian Energy, assuming nothing else is changed. The correlation between historical values of Obsidian Energy's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Obsidian Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Obsidian Energy's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Obsidian Energy financial statement analysis. It represents the amount of money remaining after all of Obsidian Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Obsidian Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 4.18, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.

	2021	2022	2023	2024 (projected)
Total Revenue	497.5M	920M	653.3M	620.6M
Depreciation And Amortization	125.7M	185.7M	211M	200.5M

Total Revenue Depreciation And Amortization

Obsidian Energy fundamental ratios 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 Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Other Stockholder Equity	Non Currrent Assets Other	Current Deferred Revenue	Other Assets	Short Term Debt	Cash And Short Term Investments	Short Term Investments	Inventory	Cash
Total Assets		0.97	0.25	0.85	0.98	1.0	0.97	0.06	0.86	1.0	0.96	0.01	0.99	0.99	0.95	0.8	0.8	0.55	0.53	0.57	0.55	-0.27	0.2	0.03	0.61	0.8
Short Long Term Debt Total	0.97		0.23	0.89	0.92	0.97	1.0	-0.06	0.78	0.97	0.92	-0.02	0.98	0.99	0.92	0.82	0.73	0.55	0.47	0.66	0.57	-0.1	0.24	0.2	0.64	0.77
Other Current Liab	0.25	0.23		0.39	0.24	0.23	0.23	0.14	0.49	0.25	0.45	-0.04	0.21	0.25	0.3	0.12	0.61	0.8	0.33	-0.06	-0.22	-0.09	-0.19	-0.35	0.27	0.13
Total Current Liabilities	0.85	0.89	0.39		0.82	0.85	0.89	-0.04	0.74	0.85	0.85	0.13	0.84	0.88	0.81	0.72	0.72	0.64	0.29	0.54	0.63	0.17	0.31	0.16	0.47	0.63
Total Stockholder Equity	0.98	0.92	0.24	0.82		0.98	0.92	0.1	0.88	0.98	0.94	0.02	0.96	0.96	0.93	0.78	0.82	0.52	0.57	0.49	0.55	-0.36	0.16	-0.03	0.54	0.76
Property Plant And Equipment Net	1.0	0.97	0.23	0.85	0.98		0.97	0.03	0.84	1.0	0.95	0.0	0.99	0.99	0.95	0.82	0.78	0.53	0.54	0.61	0.54	-0.27	0.23	0.08	0.63	0.8
Net Debt	0.97	1.0	0.23	0.89	0.92	0.97		-0.06	0.79	0.97	0.93	-0.02	0.98	0.99	0.92	0.82	0.73	0.55	0.47	0.65	0.57	-0.11	0.22	0.19	0.64	0.77
Retained Earnings	0.06	-0.06	0.14	-0.04	0.1	0.03	-0.06		0.3	0.06	0.12	-0.26	0.02	0.01	-0.11	-0.53	0.34	0.24	0.05	-0.37	0.0	-0.26	-0.33	-0.62	-0.46	0.2
Accounts Payable	0.86	0.78	0.49	0.74	0.88	0.84	0.79	0.3		0.86	0.93	0.01	0.83	0.83	0.81	0.57	0.98	0.74	0.47	0.13	0.47	-0.41	-0.22	-0.37	0.35	0.61
Non Current Assets Total	1.0	0.97	0.25	0.85	0.98	1.0	0.97	0.06	0.86		0.96	0.0	0.99	0.99	0.95	0.8	0.8	0.55	0.53	0.57	0.55	-0.27	0.2	0.03	0.6	0.8
Net Receivables	0.96	0.92	0.45	0.85	0.94	0.95	0.93	0.12	0.93	0.96		-0.02	0.94	0.95	0.93	0.73	0.92	0.72	0.52	0.45	0.49	-0.3	0.04	-0.1	0.57	0.73
Common Stock Shares Outstanding	0.01	-0.02	-0.04	0.13	0.02	0.0	-0.02	-0.26	0.01	0.0	-0.02		-0.08	-0.04	0.04	0.18	-0.01	-0.07	-0.13	-0.25	0.36	0.22	0.06	0.17	-0.33	-0.48
Non Current Liabilities Total	0.99	0.98	0.21	0.84	0.96	0.99	0.98	0.02	0.83	0.99	0.94	-0.08		1.0	0.94	0.81	0.77	0.54	0.54	0.63	0.54	-0.26	0.22	0.1	0.65	0.83
Total Liab	0.99	0.99	0.25	0.88	0.96	0.99	0.99	0.01	0.83	0.99	0.95	-0.04	1.0		0.94	0.81	0.77	0.57	0.5	0.64	0.56	-0.19	0.24	0.11	0.64	0.81
Total Current Assets	0.95	0.92	0.3	0.81	0.93	0.95	0.92	-0.11	0.81	0.95	0.93	0.04	0.94	0.94		0.86	0.75	0.48	0.52	0.58	0.43	-0.24	0.19	0.04	0.73	0.72
Common Stock	0.8	0.82	0.12	0.72	0.78	0.82	0.82	-0.53	0.57	0.8	0.73	0.18	0.81	0.81	0.86		0.48	0.3	0.46	0.65	0.47	-0.14	0.34	0.36	0.75	0.52
Other Current Assets	0.8	0.73	0.61	0.72	0.82	0.78	0.73	0.34	0.98	0.8	0.92	-0.01	0.77	0.77	0.75	0.48		0.84	0.45	0.11	0.41	-0.39	-0.22	-0.4	0.31	0.58
Other Stockholder Equity	0.55	0.55	0.8	0.64	0.52	0.53	0.55	0.24	0.74	0.55	0.72	-0.07	0.54	0.57	0.48	0.3	0.84		0.37	0.15	0.24	-0.21	-0.09	-0.2	0.23	0.4
Non Currrent Assets Other	0.53	0.47	0.33	0.29	0.57	0.54	0.47	0.05	0.47	0.53	0.52	-0.13	0.54	0.5	0.52	0.46	0.45	0.37		0.35	0.03	-0.62	0.07	0.14	0.47	0.36
Current Deferred Revenue	0.57	0.66	-0.06	0.54	0.49	0.61	0.65	-0.37	0.13	0.57	0.45	-0.25	0.63	0.64	0.58	0.65	0.11	0.15	0.35		0.22	0.08	0.74	0.67	0.74	0.65
Other Assets	0.55	0.57	-0.22	0.63	0.55	0.54	0.57	0.0	0.47	0.55	0.49	0.36	0.54	0.56	0.43	0.47	0.41	0.24	0.03	0.22		0.09	0.24	0.22	-0.06	0.34
Short Term Debt	-0.27	-0.1	-0.09	0.17	-0.36	-0.27	-0.11	-0.26	-0.41	-0.27	-0.3	0.22	-0.26	-0.19	-0.24	-0.14	-0.39	-0.21	-0.62	0.08	0.09		0.29	0.33	-0.15	-0.21
Cash And Short Term Investments	0.2	0.24	-0.19	0.31	0.16	0.23	0.22	-0.33	-0.22	0.2	0.04	0.06	0.22	0.24	0.19	0.34	-0.22	-0.09	0.07	0.74	0.24	0.29		0.65	0.31	0.35
Short Term Investments	0.03	0.2	-0.35	0.16	-0.03	0.08	0.19	-0.62	-0.37	0.03	-0.1	0.17	0.1	0.11	0.04	0.36	-0.4	-0.2	0.14	0.67	0.22	0.33	0.65		0.25	-0.06
Inventory	0.61	0.64	0.27	0.47	0.54	0.63	0.64	-0.46	0.35	0.6	0.57	-0.33	0.65	0.64	0.73	0.75	0.31	0.23	0.47	0.74	-0.06	-0.15	0.31	0.25		0.64
Cash	0.8	0.77	0.13	0.63	0.76	0.8	0.77	0.2	0.61	0.8	0.73	-0.48	0.83	0.81	0.72	0.52	0.58	0.4	0.36	0.65	0.34	-0.21	0.35	-0.06	0.64

Click cells to compare fundamentals

Obsidian Energy Account Relationship Matchups

Obsidian Energy fundamental ratios 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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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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Largest Oil & Gas Exploration & Production Companies

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Largest Oil & Gas E&P Companies

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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 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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.

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Obsidian Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Obsidian Energy fundamental ratios Correlations

Obsidian Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Obsidian Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Total Assets

Short Term Debt	- 0.62	Non Currrent Assets Other
Short Term Investments	- 0.62	Retained Earnings
Common Stock	- 0.53	Retained Earnings
Cash	- 0.48	Common Stock Shares Outstanding
Inventory	- 0.46	Retained Earnings
Short Term Debt	- 0.41	Accounts Payable