Canada Nickel Stock Debt To Equity
CNIKF Stock | USD 0.70 0.02 2.94% |
Canada Nickel fundamentals help investors to digest information that contributes to Canada Nickel's financial success or failures. It also enables traders to predict the movement of Canada OTC Stock. The fundamental analysis module provides a way to measure Canada Nickel'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 Canada Nickel otc stock.
Canada |
Canada Nickel OTC Stock Debt To Equity Analysis
Canada Nickel'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 Canada Nickel Debt To Equity | 0 % |
Most of Canada Nickel'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, Canada Nickel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition |
According to the company disclosure, Canada Nickel has a Debt To Equity of 0.001%. This is 100.0% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The debt to equity for all United States stocks is 100.0% higher than that of the company.
Canada Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canada Nickel's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Canada Nickel could also be used in its relative valuation, which is a method of valuing Canada Nickel by comparing valuation metrics of similar companies.Canada Nickel is currently under evaluation in debt to equity category among its peers.
Canada Fundamentals
Return On Equity | -0.0666 | |||
Return On Asset | -0.0565 | |||
Current Valuation | 142.53 M | |||
Shares Outstanding | 113.85 M | |||
Shares Owned By Insiders | 4.03 % | |||
Shares Owned By Institutions | 2.37 % | |||
Price To Book | 1.60 X | |||
EBITDA | (2.39 M) | |||
Net Income | (5.54 M) | |||
Cash And Equivalents | 8.76 M | |||
Cash Per Share | 0.08 X | |||
Total Debt | 156.77 K | |||
Debt To Equity | 0 % | |||
Current Ratio | 1.21 X | |||
Book Value Per Share | 1.05 X | |||
Cash Flow From Operations | (1.87 M) | |||
Earnings Per Share | (0.06) X | |||
Beta | 2.78 | |||
Market Capitalization | 149.22 M | |||
Total Asset | 144.31 M | |||
Net Asset | 144.31 M |
About Canada Nickel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canada Nickel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Nickel based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Canada OTC Stock
Canada Nickel financial ratios help investors to determine whether Canada OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canada with respect to the benefits of owning Canada Nickel security.