Tamboran Historical Financial Ratios
| TBN Stock | 16.82 0.90 5.08% |
Tamboran Resources is promptly reporting on over 76 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 0.12, Invested Capital of 0.0, Average Payables of 2.6 M or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate Tamboran Resources financial condition quickly.
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About Tamboran Financial Ratios Analysis
Tamboran ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Tamboran Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Tamboran financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Tamboran Resources history.
Tamboran Resources Financial Ratios Chart
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Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most ratios from Tamboran Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Tamboran Resources current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamboran Resources. 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. To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.At this time, Tamboran Resources' Net Debt To EBITDA is very stable compared to the past year. As of the 12th of December 2024, Tangible Book Value Per Share is likely to grow to 0.12, while Free Cash Flow Yield is likely to drop (0.24).
| 2023 | 2024 (projected) | Payables Turnover | 0.16 | 0.13 | Days Of Inventory On Hand | 564.63 | 501.89 |
Tamboran Resources fundamentals Correlations
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Tamboran Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tamboran Resources fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | (0.83) | 0.42 | 1.21 | 1.15 | 1.27 | 1.33 | |
| Book Value Per Share | (0.42) | 0.84 | 0.18 | 0.16 | 0.11 | 0.12 | |
| Free Cash Flow Yield | (0.64) | (0.5) | (0.42) | (0.62) | (0.22) | (0.24) | |
| Operating Cash Flow Per Share | (0.0955) | (0.0695) | (0.0156) | (0.0137) | (0.004095) | (0.0043) | |
| Capex To Depreciation | 85.24 | 29.53 | 97.64 | 169.38 | 528.87 | 555.31 | |
| Pb Ratio | (0.83) | 0.42 | 1.21 | 1.15 | 1.27 | 1.33 | |
| Free Cash Flow Per Share | (0.22) | (0.18) | (0.0931) | (0.11) | (0.027) | (0.0283) | |
| Roic | 0.69 | (0.17) | (0.0887) | (0.11) | (0.0781) | (0.0742) | |
| Payables Turnover | 0.0373 | 0.0783 | 0.66 | 0.19 | 0.16 | 0.13 | |
| Cash Per Share | 0.0598 | 0.51 | 0.0379 | 0.007516 | 0.0269 | 0.0255 | |
| Pocfratio | (3.67) | (5.03) | (14.09) | (13.17) | (29.31) | (27.84) | |
| Interest Coverage | (3.42) | (3.82) | (183.32) | (258.2) | (296.93) | (282.08) | |
| Capex To Operating Cash Flow | (1.34) | (1.53) | (4.96) | (7.1) | (5.59) | (5.87) | |
| Pfcf Ratio | (1.57) | (1.99) | (2.36) | (1.63) | (4.45) | (4.67) | |
| Days Payables Outstanding | 9.8K | 4.7K | 555.04 | 1.9K | 2.3K | 2.2K | |
| Income Quality | 0.62 | 0.36 | 1.02 | 0.45 | 0.48 | 0.66 | |
| Ev To Operating Cash Flow | (3.33) | 2.1 | (11.76) | (12.65) | (25.19) | (23.93) | |
| Pe Ratio | (2.26) | (1.82) | (14.42) | (5.35) | (14.98) | (15.73) | |
| Return On Tangible Assets | (0.58) | (0.21) | (0.0808) | (0.19) | (0.0622) | (0.0653) | |
| Ev To Free Cash Flow | (1.42) | 0.83 | (1.97) | (1.56) | (3.82) | (3.63) | |
| Earnings Yield | (0.44) | (0.55) | (0.0693) | (0.19) | (0.0668) | (0.0701) | |
| Net Debt To E B I T D A | 0.28 | 3.3 | 2.52 | 0.21 | 2.39 | 2.61 | |
| Current Ratio | 1.35 | 9.1 | 6.66 | 1.24 | 3.48 | 3.3 | |
| Tangible Book Value Per Share | (0.42) | 0.84 | 0.18 | 0.16 | 0.11 | 0.12 | |
| Graham Number | 1.22 | 1.9 | 0.25 | 0.34 | 0.13 | 0.12 | |
| Shareholders Equity Per Share | (0.42) | 0.84 | 0.18 | 0.16 | 0.0944 | 0.0519 | |
| Capex Per Share | 0.13 | 0.11 | 0.0775 | 0.097 | 0.0229 | 0.0217 | |
| Graham Net Net | (0.63) | 0.44 | 0.0339 | (0.0165) | 0.0115 | 0.0121 | |
| Interest Debt Per Share | 0.27 | 0.0377 | 8.7E-5 | 5.76E-4 | 6.63E-4 | 6.3E-4 | |
| Enterprise Value Over E B I T D A | (2.77) | 0.97 | (12.78) | (5.23) | (14.64) | (13.91) | |
| Price Earnings Ratio | (2.26) | (1.82) | (14.42) | (5.35) | (14.98) | (15.73) | |
| Price Book Value Ratio | (0.83) | 0.42 | 1.21 | 1.15 | 1.27 | 1.33 |
Pair Trading with Tamboran Resources
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 Tamboran Resources 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 Tamboran Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Tamboran Stock
| 0.86 | VIST | Vista Oil Gas | PairCorr |
| 0.84 | DEC | Diversified Energy | PairCorr |
| 0.75 | CRK | Comstock Resources Buyout Trend | PairCorr |
| 0.72 | EXE | Expand Energy Symbol Change | PairCorr |
| 0.71 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Tamboran Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamboran Resources 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 Tamboran Resources - 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 Tamboran Resources to buy it.
The correlation of Tamboran Resources 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 Tamboran Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamboran Resources 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 Tamboran Resources 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamboran Resources. 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. To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Oil, Gas & Consumable Fuels 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 Tamboran Resources. If investors know Tamboran 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 Tamboran Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Return On Assets (0.04) | Return On Equity (0.14) |
The market value of Tamboran Resources is measured differently than its book value, which is the value of Tamboran that is recorded on the company's balance sheet. Investors also form their own opinion of Tamboran Resources' value that differs from its market value or its book value, called intrinsic value, which is Tamboran Resources' 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 Tamboran Resources' market value can be influenced by many factors that don't directly affect Tamboran Resources' 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 Tamboran Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamboran Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamboran Resources' 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.