Inplay Oil Corp Stock Return On Asset
| IPO Stock | CAD 2.22 0.01 0.45% |
InPlay Oil Corp fundamentals help investors to digest information that contributes to InPlay Oil's financial success or failures. It also enables traders to predict the movement of InPlay Stock. The fundamental analysis module provides a way to measure InPlay Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to InPlay Oil stock.
As of the 26th of June 2024, Return On Assets is likely to grow to 0.07. InPlay | Return On Asset |
InPlay Oil Corp Company Return On Asset Analysis
InPlay Oil's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current InPlay Oil Return On Asset | 0.0437 |
Most of InPlay Oil's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, InPlay Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
InPlay Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for InPlay Oil is extremely important. It helps to project a fair market value of InPlay Stock properly, considering its historical fundamentals such as Return On Asset. Since InPlay Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of InPlay Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of InPlay Oil's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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InPlay Total Assets
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Based on the latest financial disclosure, InPlay Oil Corp has a Return On Asset of 0.0437. This is 9.25% higher than that of the Oil, Gas & Consumable Fuels sector and 100.6% lower than that of the Energy industry. The return on asset for all Canada stocks is 131.21% lower than that of the firm.
InPlay Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses InPlay Oil's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of InPlay Oil could also be used in its relative valuation, which is a method of valuing InPlay Oil by comparing valuation metrics of similar companies.InPlay Oil is currently under evaluation in return on asset category among its peers.
InPlay Oil Current Valuation Drivers
We derive many important indicators used in calculating different scores of InPlay Oil from analyzing InPlay Oil's financial statements. These drivers represent accounts that assess InPlay Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of InPlay Oil's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 45.0M | 15.7M | 152.2M | 263.3M | 196.8M | 206.7M | |
| Enterprise Value | 100.8M | 80.6M | 232.4M | 293.1M | 248.1M | 260.5M |
InPlay Fundamentals
| Return On Equity | 0.0876 | |||
| Return On Asset | 0.0437 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 273.98 M | |||
| Shares Outstanding | 90.12 M | |||
| Shares Owned By Insiders | 25.30 % | |||
| Shares Owned By Institutions | 1.96 % | |||
| Number Of Shares Shorted | 135.6 K | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 1.42 X | |||
| Revenue | 179.37 M | |||
| Gross Profit | 152.54 M | |||
| EBITDA | 84.37 M | |||
| Net Income | 32.7 M | |||
| Cash And Equivalents | 70 K | |||
| Total Debt | 178.6 M | |||
| Debt To Equity | 1.16 % | |||
| Current Ratio | 0.10 X | |||
| Book Value Per Share | 3.25 X | |||
| Cash Flow From Operations | 86.01 M | |||
| Short Ratio | 1.44 X | |||
| Earnings Per Share | 0.28 X | |||
| Target Price | 4.01 | |||
| Beta | 2.39 | |||
| Market Capitalization | 199.16 M | |||
| Total Asset | 472.96 M | |||
| Retained Earnings | 8.12 M | |||
| Working Capital | (2.59 M) | |||
| Annual Yield | 0.08 % | |||
| Net Asset | 472.96 M | |||
| Last Dividend Paid | 0.18 |
About InPlay Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze InPlay Oil Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InPlay Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InPlay Oil Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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InPlay Oil financial ratios help investors to determine whether InPlay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in InPlay with respect to the benefits of owning InPlay Oil security.