GMX RESOURCES INC's gross profit margin for the third quarter of its fiscal year 2012 has significantly decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. GMX RESOURCES INC has very weak liquidity. Currently, the Quick Ratio is 0.35 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 203.58% 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.
|Income Statement||Q3 FY12||Q3 FY11|
|Net Sales ($mil)||14.59||28.36|
|Net Income ($mil)||-58.12||-67.09|
|Balance Sheet||Q3 FY12||Q3 FY11|
|Cash & Equiv. ($mil)||17.86||3.23|
|Total Assets ($mil)||343.15||575.98|
|Total Debt ($mil)||407.4||372.82|
|Profitability||Q3 FY12||Q3 FY11|
|Gross Profit Margin||-237.63||-132.88|
|Return on Assets||-81.34||-48.91|
|Return on Equity||0.0||-221.62|
|Debt||Q3 FY12||Q3 FY11|
|Share Data||Q3 FY12||Q3 FY11|
|Shares outstanding (mil)||6.31||4.55|
|Div / share||0.0||0.0|
|Book value / share||-21.31||28.51|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||439768.0||523678.0|
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. 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.
|GMXR NM||Peers 27.36||GMXR NM||Peers 7.82|
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.
GMXR's P/E is negative making this valuation measure meaningless.
Neutral. 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.
GMXR's P/CF is negative making the measure meaningless.
|GMXR NM||Peers 13.72||GMXR NA||Peers 4.02|
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.
GMXR'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.
|GMXR NM||Peers 3.48||GMXR 45.47||Peers -24.28|
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.
GMXR'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.
GMXR is expected to have an earnings growth rate that significantly exceeds its peers.
|GMXR 0.19||Peers 2.25||GMXR -36.86||Peers 5.99|
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.
GMXR 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.
GMXR significantly trails its peers on the basis of sales growth
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