Independence Contract Drilling Valuation
Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time. Independence Contract regular Real Value cannot be determined due to lack of data. The prevalent price of Independence Contract is $0.0. Our model calculates the value of Independence Contract from evaluating the firm fundamentals such as Return On Asset of -0.013, current valuation of 172.67 M, and Return On Equity of -0.32 as well as inspecting its technical indicators and probability of bankruptcy.
Independence Contract Total Value Analysis
Independence Contract Drilling is currently forecasted to have company total value of 172.67 M with market capitalization of 8.92 M, debt of 158.08 M, and cash on hands of 5.33 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Independence Contract fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
172.67 M | 8.92 M | 158.08 M | 5.33 M |
Independence Contract Investor Information
About 12.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. Independence Contract recorded a loss per share of 4.16. The entity had 1:20 split on the 12th of March 2020. Based on the key indicators related to Independence Contract's liquidity, profitability, solvency, and operating efficiency, Independence Contract Drilling is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.Independence Contract Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Independence Contract has an asset utilization ratio of 41.1 percent. This indicates that the Company is making $0.41 for each dollar of assets. An increasing asset utilization means that Independence Contract Drilling is more efficient with each dollar of assets it utilizes for everyday operations.Independence Contract Ownership Allocation
Independence Contract Drilling has a total of 15.22 Million outstanding shares. 30% of Independence Contract outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Independence Contract Profitability Analysis
The company reported the last year's revenue of 210.11 M. Reported Net Loss for the year was (37.7 M) with profit before taxes, overhead, and interest of 63.31 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Independence Contract's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Independence Contract and how it compares across the competition.
Independence Contract Growth Indicators
Investing in growth stocks can be very risky. If the company such as Independence Contract does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 14 M | |
| Forward Price Earnings | 3.4495 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Independence Stock
If you are still planning to invest in Independence Contract check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independence Contract's history and understand the potential risks before investing.
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