Altamira Gold Corp Stock Debt To Equity

ALTA Stock  CAD 0.12  0.01  7.69%   
Altamira Gold Corp fundamentals help investors to digest information that contributes to Altamira Gold's financial success or failures. It also enables traders to predict the movement of Altamira Stock. The fundamental analysis module provides a way to measure Altamira Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altamira Gold stock.
Last ReportedProjected for Next Year
Debt To Equity 0.01  0.01 
Debt To Equity is likely to climb to 0.01 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Altamira Gold Corp Company Debt To Equity Analysis

Altamira Gold's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Current Altamira Gold Debt To Equity

    
  0.0108  
Most of Altamira Gold's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altamira Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Altamira Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Altamira Gold is extremely important. It helps to project a fair market value of Altamira Stock properly, considering its historical fundamentals such as Debt To Equity. Since Altamira Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altamira Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altamira Gold's interrelated accounts and indicators.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Altamira Total Stockholder Equity

Total Stockholder Equity

24.24 Million

At this time, Altamira Gold's Total Stockholder Equity is fairly stable compared to the past year.

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Altamira Fundamentals

About Altamira Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altamira Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altamira Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altamira Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Altamira Stock Analysis

When running Altamira Gold's price analysis, check to measure Altamira Gold's 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 Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.