Crude Oil
Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.
Record Resources Inc. is an energy exploration company focused on acquiring and developing natural hydrogen and gold projects. The company faces significant concerns with a negative return on equity (-104.2%) and return on assets (-43.1%), indicating poor profitability. Additionally, a current ratio of 0.01 suggests severe liquidity issues, although the low debt/equity ratio (0.03) indicates minimal leverage. Overall, while the company operates in a potentially lucrative sector, its financial health raises red flags for investors.
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Company has $10K in cash but burned $78K last quarter. At this burn rate, only 0.1 quarters of runway remain without additional financing.
Company posted a loss of $-1.7M over the last year, representing Infinity% of revenue.
Operating cash flow has been negative for 3 consecutive quarters, burning $312K over the last year.
No significant opportunities identified
Based on current financial metrics
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Based on 2025-Q2 (June 30, 2025)