Balance Sheet Insights: Baytex Energy Corp (BTE)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

In the latest session, Baytex Energy Corp (NYSE: BTE) closed at $1.62 down -19.00% from its previous closing price of $2.00. In other words, the price has decreased by -$19.00 from its previous closing price. On the day, 58.63 million shares were traded. BTE stock price reached its highest trading level at $1.8592 during the session, while it also had its lowest trading level at $1.58.

Ratios:

For a deeper understanding of Baytex Energy Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 108.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTE now has a Market Capitalization of 1274258048 and an Enterprise Value of 3518493696. As of this moment, Baytex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.56, and their Forward P/E ratio for the next fiscal year is 466.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 1.057 whereas that against EBITDA is 1.615.

Stock Price History:

The Beta on a monthly basis for BTE is 0.96, which has changed by -0.58461535 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, BTE has reached a high of $4.08, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -28.74%, while the 200-Day Moving Average is calculated to be -43.90%.

Shares Statistics:

For the past three months, BTE has traded an average of 37.06M shares per day and 44823360 over the past ten days. A total of 773.59M shares are outstanding, with a floating share count of 669.08M. Insiders hold about 13.51% of the company’s shares, while institutions hold 26.48% stake in the company. Shares short for BTE as of 1741910400 were 42040298 with a Short Ratio of 1.13, compared to 1739491200 on 35736185.

Dividends & Splits

According to the company, the forward annual dividend rate for BTE is 0.06, from 0.09 in the trailing year. Against a Trailing Annual Dividend Yield of 0.045The stock’s 5-year Average Dividend Yield is 9.86.

Most Popular