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Goodrich Petroleum Corp
GDP : NYSE : Basic Materials
$0.05 -0.00 | -1.96%
Today's Range: 0.05 - 0.05
Avg. Daily Volume: 1,215,500
02/12/16 - 3:58 PM ET

Financial Analysis


GOODRICH PETROLEUM CORP's gross profit margin for the third quarter of its fiscal year 2015 has significantly decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. GOODRICH PETROLEUM CORP has very weak liquidity. Currently, the Quick Ratio is 0.29 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity decreased from the same period a year ago, despite already having very weak liquidity to begin with. This would indicate deteriorating cash flow.

At the same time, stockholders' equity ("net worth") has significantly decreased by 107.74% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.

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Income Statement Q3 FY15 Q3 FY14
Net Sales ($mil)17.7354.87
EBITDA ($mil)-26.91-50.99
EBIT ($mil)-52.85-87.42
Net Income ($mil)-17.8-79.71


Balance Sheet Q3 FY15 Q3 FY14
Cash & Equiv. ($mil)4.0354.03
Total Assets ($mil)584.971012.21
Total Debt ($mil)540.06609.46
Equity ($mil)-16.63214.59


Profitability Q3 FY15 Q3 FY14
Gross Profit Margin-120.73-76.9
EBITDA Margin-151.79-92.92
Operating Margin-298.12-159.31
Sales Turnover0.20.21
Return on Assets-50.66-14.89
Return on Equity0.0-84.12
Debt Q3 FY15 Q3 FY14
Current Ratio0.70.46
Debt/Capital1.030.74
Interest Expense15.5812.65
Interest Coverage-3.39-6.91


Share Data Q3 FY15 Q3 FY14
Shares outstanding (mil)59.2544.43
Div / share0.00.0
EPS-0.44-1.96
Book value / share-0.284.83
Institutional Own % n/a n/a
Avg Daily Volume1147516.01457647.0

Valuation


SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Along with this, the price-to-book ratio is also meaningless due to a negative book value for the company, making any comparisons useless. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
GDP NM Peers 48.85   GDP 0.56 Peers 7.23

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

GDP's P/E is negative making this valuation measure meaningless.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

GDP is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
GDP NM Peers 41.92   GDP NA Peers 1.64

Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.

GDP's ratio is negative making this valuation measure meaningless.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
GDP NM Peers 7.68   GDP -69.02 Peers -284.30

Neutral. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

GDP's P/B is negative making this valuation measure meaningless.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

GDP is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
GDP 0.10 Peers 1.66   GDP -44.72 Peers -23.05

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

GDP is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

GDP significantly trails its peers on the basis of sales growth

 

 

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