EnQuest PLC EBITDA vs. Shares Outstanding
| ENQUF Stock | USD 0.14 0.00 0.00% |
For EnQuest PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EnQuest PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EnQuest PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EnQuest PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EnQuest PLC over time as well as its relative position and ranking within its peers.
EnQuest |
EnQuest PLC Shares Outstanding vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EnQuest PLC's current stock value. Our valuation model uses many indicators to compare EnQuest PLC value to that of its competitors to determine the firm's financial worth. EnQuest PLC is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 2.15 of Shares Outstanding per EBITDA. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EnQuest PLC's earnings, one of the primary drivers of an investment's value.EnQuest Shares Outstanding vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
EnQuest PLC |
| = | 875.47 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
EnQuest PLC |
| = | 1.89 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
EnQuest Shares Outstanding Comparison
EnQuest PLC is currently under evaluation in shares outstanding category among its peers.
EnQuest PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EnQuest PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EnQuest PLC will eventually generate negative long term returns. The profitability progress is the general direction of EnQuest PLC's change in net profit over the period of time. It can combine multiple indicators of EnQuest PLC, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
EnQuest PLC operates as an oil and gas production and development company. EnQuest PLC was incorporated in 2010 and is based in London, the United Kingdom. Enquest Plc operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 789 people.
EnQuest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EnQuest PLC. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of EnQuest PLC position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the EnQuest PLC's important profitability drivers and their relationship over time.
Use EnQuest PLC in pair-trading
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 EnQuest PLC 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 EnQuest PLC will appreciate offsetting losses from the drop in the long position's value.EnQuest PLC Pair Trading
EnQuest PLC Pair Trading Analysis
The ability to find closely correlated positions to EnQuest PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EnQuest PLC 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 EnQuest PLC - 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 EnQuest PLC to buy it.
The correlation of EnQuest PLC 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 EnQuest PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EnQuest PLC 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 EnQuest PLC 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.Use Investing Themes to Complement your EnQuest PLC position
In addition to having EnQuest PLC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 240 constituents at this time.
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Other Information on Investing in EnQuest Pink Sheet
To fully project EnQuest PLC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EnQuest PLC at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include EnQuest PLC's income statement, its balance sheet, and the statement of cash flows.