Rackla Metals Financials
RAK Stock | CAD 0.14 0.02 16.67% |
Short Ratio 0.01 | Return On Equity (1.22) |
Rackla | Select Account or Indicator |
Understanding current and past Rackla Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Rackla Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Rackla Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Rackla Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rackla Metals. Check Rackla Metals' Beneish M Score to see the likelihood of Rackla Metals' management manipulating its earnings.
Rackla Metals Stock Summary
Rackla Metals competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Rackla Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Rackla Metals Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. RACKLA METALS operates under Gold classification in Canada and is traded on TSX Venture Exchange.Specialization | Basic Materials, Materials |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA7500802029 |
Business Address | 200 Burrard Street, |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | racklametals.com |
Phone | 604 801 5432 |
Currency | CAD - Canadian Dollar |
You should never invest in Rackla Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Rackla Stock, because this is throwing your money away. Analyzing the key information contained in Rackla Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Rackla Metals Key Financial Ratios
There are many critical financial ratios that Rackla Metals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Rackla Metals reports annually and quarterly.EBITDA | (4.99 M) | ||||
Net Income | (4.85 M) | ||||
Total Asset | 2.72 M | ||||
Retained Earnings | (14.94 M) |
Rackla Metals Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 80.4K | 107.6K | 1.3M | 4.7M | 2.7M | 2.9M | |
Net Tangible Assets | (2.9K) | (228.0K) | 59.8K | 1.0M | 922.3K | 968.4K | |
Retained Earnings | (8.1M) | (8.3M) | (8.6M) | (10.2M) | (14.9M) | (14.2M) | |
Accounts Payable | 40.3K | 25.9K | 70.8K | 127.4K | 356.4K | 374.2K | |
Cash | 14.0K | 20.6K | 25.8K | 4.4M | 1.2M | 631.1K | |
Net Receivables | 1.4K | 3.1K | 4.8K | 2.4K | 2.2K | 2.2K | |
Total Liab | 308.3K | 47.7K | 294.7K | 1.3M | 500.3K | 310.7K | |
Total Current Assets | 19.4K | 36.6K | 35.0K | 4.4M | 1.6M | 1.7M | |
Net Invested Capital | (228.0K) | 59.8K | 1.0M | 3.4M | 2.2M | 2.3M | |
Net Working Capital | (289.0K) | (11.2K) | (259.6K) | 3.2M | 1.1M | 585.4K |
Rackla Metals Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 196.0K | 152.0K | 210.4K | 223.6K | 1.6M | 1.7M | |
Operating Income | (273.0K) | (220.4K) | (211.8K) | (395.8K) | (5.9M) | (5.6M) | |
Net Income From Continuing Ops | (273.0K) | (220.4K) | (221.8K) | (1.7M) | (4.8M) | (4.6M) | |
Ebit | (256.8K) | (220.4K) | (211.8K) | (395.8K) | (455.2K) | (477.9K) | |
Total Operating Expenses | 273.0K | 220.4K | 211.8K | 395.8K | 5.9M | 6.2M | |
Income Before Tax | (273.0K) | (220.4K) | (221.8K) | (1.7M) | (4.8M) | (4.6M) | |
Total Other Income Expense Net | (4.1K) | (16.3K) | (10K) | (1.3M) | 950.0K | 997.5K | |
Net Income Applicable To Common Shares | (162.7K) | (273.0K) | (220.4K) | (221.8K) | (255.1K) | (267.8K) | |
Net Income | (273.0K) | (220.4K) | (221.8K) | (1.7M) | (4.8M) | (4.6M) |
Rackla Metals Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Investments | 0.0 | (10K) | (1.2M) | (189.9K) | (358.1K) | (340.2K) | |
Change In Cash | (78.3K) | 6.6K | 5.2K | 4.4M | (3.2M) | (3.1M) | |
Net Income | (273.0K) | (220.4K) | (221.8K) | (1.7M) | (4.8M) | (4.6M) | |
End Period Cash Flow | 14.0K | 20.6K | 25.8K | 4.4M | 1.2M | 830.3K | |
Free Cash Flow | (78.3K) | (489.4K) | (73.8K) | (615.2K) | (5.6M) | (5.3M) |
Rackla Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rackla Metals's current stock value. Our valuation model uses many indicators to compare Rackla Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rackla Metals competition to find correlations between indicators driving Rackla Metals's intrinsic value. More Info.Rackla Metals is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rackla Metals' earnings, one of the primary drivers of an investment's value.Rackla Metals Systematic Risk
Rackla Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rackla Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Rackla Metals correlated with the market. If Beta is less than 0 Rackla Metals generally moves in the opposite direction as compared to the market. If Rackla Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rackla Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rackla Metals is generally in the same direction as the market. If Beta > 1 Rackla Metals moves generally in the same direction as, but more than the movement of the benchmark.
Rackla Metals Total Assets Over Time
Rackla Metals November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rackla Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rackla Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rackla Metals based on widely used predictive technical indicators. In general, we focus on analyzing Rackla Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rackla Metals's daily price indicators and compare them against related drivers.
Downside Deviation | 11.16 | |||
Information Ratio | 0.1383 | |||
Maximum Drawdown | 51.52 | |||
Value At Risk | (13.64) | |||
Potential Upside | 22.22 |
Additional Tools for Rackla Stock Analysis
When running Rackla Metals' price analysis, check to measure Rackla Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackla Metals is operating at the current time. Most of Rackla Metals' value examination focuses on studying past and present price action to predict the probability of Rackla Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackla Metals' price. Additionally, you may evaluate how the addition of Rackla Metals to your portfolios can decrease your overall portfolio volatility.