$Imperial Oil (IMO.US)$A Canadian company, listed in 1929, m...

In the past 5 years, in addition to shrinking in 2019 and 2020, revenue increased for 3 years. Operating profit lost 1 year in 2020, and net profit also lost 1 year in 2020. The average net profit for 5 years was US$1.86 billion. Interest expenses in 2022 accounted for 0.6% of operating profit, and the interest burden is negligible. The return on net assets was 33.3%, and the highest for the remaining 4 years was 11.5%.

In the first three quarters of 2023, revenue contracted 17.3%, operating profit shrank 35.8%, and net profit shrank 37.2%.

The balance ratio has increased from 40.9% to 48.5% over the past 5 years. The ratio and growth rate of accounts receivable and inventory is normal. Goodwill and other intangible assets can be ignored. Long-term loans of $3.447 billion account for 14.5% of the net assets of $23.808 billion, and the leverage ratio is very low.

Currently, cash is $2,716 billion, current ratio 1.38, and quick ratio 1.04.

Over the past five years, net operating cash flow has been much higher than net investment, generating many shareholders' surpluses.

Currently, the price-earnings ratio is 6.73, and the price-earnings ratio is TTM 8.59. The 5-year average net profit corresponds to a price-earnings ratio of 16.4, a net price-earnings ratio of 1.8, and a dividend ratio of 2.4%. Valuation is not very attractive for cyclical stocks.