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Stabilis Solutions (Stabilis Solutions) Piotroski F-Score

: 7 (As of Today)
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Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Stabilis Solutions has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Stabilis Solutions's Piotroski F-Score or its related term are showing as below:

SLNG' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Stabilis Solutions was 8. The lowest was 1. And the median was 4.


Stabilis Solutions Piotroski F-Score Historical Data

The historical data trend for Stabilis Solutions's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stabilis Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 5.00 8.00 7.00

Stabilis Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 7.00 6.00 6.00 7.00

Competitive Comparison

For the Oil & Gas Integrated subindustry, Stabilis Solutions's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stabilis Solutions Piotroski F-Score Distribution

For the Oil & Gas industry and Energy sector, Stabilis Solutions's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Stabilis Solutions's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was 1.084 + -2.174 + -0.207 + 1.422 = $0.13 Mil.
Cash Flow from Operations was 0.093 + 3.809 + 1.478 + 1.332 = $6.71 Mil.
Revenue was 26.842 + 12.907 + 15.316 + 18.049 = $73.11 Mil.
Gross Profit was 4.561 + 0.33 + 1.257 + 4.169 = $10.32 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(96.58 + 86.927 + 81.678 + 81.083 + 81.299) / 5 = $85.5134 Mil.
Total Assets at the begining of this year (Dec22) was $96.58 Mil.
Long-Term Debt & Capital Lease Obligation was $7.77 Mil.
Total Current Assets was $14.97 Mil.
Total Current Liabilities was $11.72 Mil.
Net Income was -0.406 + -2.168 + -0.277 + -0.335 = $-3.19 Mil.

Revenue was 20.267 + 23.15 + 25.819 + 29.587 = $98.82 Mil.
Gross Profit was 2.486 + 1.416 + 3.8 + 4.763 = $12.47 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(87.336 + 86.603 + 87.107 + 93.963 + 96.58) / 5 = $90.3178 Mil.
Total Assets at the begining of last year (Dec21) was $87.34 Mil.
Long-Term Debt & Capital Lease Obligation was $8.83 Mil.
Total Current Assets was $32.22 Mil.
Total Current Liabilities was $27.53 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Stabilis Solutions's current Net Income (TTM) was 0.13. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Stabilis Solutions's current Cash Flow from Operations (TTM) was 6.71. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=0.125/96.58
=0.00129426

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-3.186/87.336
=-0.0364798

Stabilis Solutions's return on assets of this year was 0.00129426. Stabilis Solutions's return on assets of last year was -0.0364798. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Stabilis Solutions's current Net Income (TTM) was 0.13. Stabilis Solutions's current Cash Flow from Operations (TTM) was 6.71. ==> 6.71 > 0.13 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=7.768/85.5134
=0.09083956

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=8.833/90.3178
=0.0977991

Stabilis Solutions's gearing of this year was 0.09083956. Stabilis Solutions's gearing of last year was 0.0977991. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec23)=Total Current Assets/Total Current Liabilities
=14.972/11.719
=1.27758341

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=32.217/27.532
=1.17016563

Stabilis Solutions's current ratio of this year was 1.27758341. Stabilis Solutions's current ratio of last year was 1.17016563. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Stabilis Solutions's number of shares in issue this year was 18.624. Stabilis Solutions's number of shares in issue last year was 18.39. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=10.317/73.114
=0.14110841

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12.465/98.823
=0.1261346

Stabilis Solutions's gross margin of this year was 0.14110841. Stabilis Solutions's gross margin of last year was 0.1261346. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=73.114/96.58
=0.75703044

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=98.823/87.336
=1.13152652

Stabilis Solutions's asset turnover of this year was 0.75703044. Stabilis Solutions's asset turnover of last year was 1.13152652. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+0+1+0
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Stabilis Solutions has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Stabilis Solutions  (NAS:SLNG) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Stabilis Solutions Piotroski F-Score Related Terms

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Stabilis Solutions (Stabilis Solutions) Business Description

Traded in Other Exchanges
N/A
Address
11750 Katy Freeway, Suite 900, Houston, TX, USA, 77079
Stabilis Solutions Inc is an energy transition company that provides turnkey clean energy production, storage, transportation, and fueling solutions using liquefied natural gas (LNG) to multiple end markets. The company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It generates revenue by selling and delivering LNG to its customers, renting cryogenic equipment, and providing engineering and field support services. It has a geographical presence in the United States and Mexico.
Executives
Edward L Kuntz director
Ballard Westervelt T. Jr director, officer: President and CEO 601 POYDRAS STREET, SUITE 2400, NEW ORLEANS LA 70130
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Andrew Lewis Puhala officer: Senior Vice President & CFO 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Jch Crenshaw Holdings, Llc director, 10 percent owner 470 ORLEANS ST., 7TH FLOOR, BEAUMONT TX 77701
Benjamin J. Broussard director 1655 LOUISIANA STREET, BEAUMONT TX 77701
James Calvin Reddinger director, officer: Chief Executive Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Stacey B. Crenshaw director, 10 percent owner 10375 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
James George Aivalis officer: Chief Operating Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Mushahid Khan director 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Peter C. Mitchell director 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Will B. Crenshaw director 1655 LOUISIANA STREET, BEAUMONT TX 77701
Lng Investment Company, Llc 10 percent owner 1655 LOUISIANA STREET, BEAUMONT TX 77701
William Charles Miller officer: Chief Operating Officer 102 SENECA PLACE, MARS PA 16046
Peacock James Hoke Ii director C/O M & I ELECTRIC INDUSTRIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087