Apache CorpFind Ratings Reports
APACHE CORP's gross profit margin for the first quarter of its fiscal year 2016 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. APACHE CORP has average liquidity. Currently, the Quick Ratio is 1.33 which shows that technically this company has the 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 90.48% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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|Income Statement||Q1 FY16||Q1 FY15|
|Net Sales ($mil)||1060.0||1638.0|
|Net Income ($mil)||-489.0||-4651.0|
|Balance Sheet||Q1 FY16||Q1 FY15|
|Cash & Equiv. ($mil)||1004.0||229.0|
|Total Assets ($mil)||17679.0||48650.0|
|Total Debt ($mil)||8719.0||12273.0|
|Profitability||Q1 FY16||Q1 FY15|
|Gross Profit Margin||12.36||-378.02|
|Return on Assets||-107.22||-21.15|
|Return on Equity||-907.73||-42.36|
|Debt||Q1 FY16||Q1 FY15|
|Share Data||Q1 FY16||Q1 FY15|
|Shares outstanding (mil)||378.53||376.92|
|Div / share||0.25||0.25|
|Book value / share||5.33||56.28|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||3636280.0||5268072.0|
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. To use another comparison, its price-to-book ratio of 10.02 indicates a significant premium versus the S&P 500 average of 2.81 and a significant discount versus the industry average of 11.73. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. The valuation analysis reveals that, APACHE CORP seems to be trading at a premium to investment alternatives within the industry.
|APA NM||Peers 70.76||APA 7.74||Peers 306.30|
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.
APA'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.
APA is trading at a significant discount to its peers.
|APA 36.58||Peers 39.26||APA NA||Peers 2.07|
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.
APA'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.
|APA 10.02||Peers 11.73||APA -103.31||Peers -202.73|
Discount. 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.
APA is trading at a discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
APA is expected to have an earnings growth rate that significantly exceeds its peers.
|APA 3.48||Peers 2.43||APA -46.93||Peers -25.78|
Premium. 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.
APA is trading at a significant premium to its industry.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
APA significantly trails its peers on the basis of sales growth