Equity Metals Corp Stock Net Income
| EQTY Stock | CAD 0.17 0.02 10.53% |
Equity Metals Corp fundamentals help investors to digest information that contributes to Equity Metals' financial success or failures. It also enables traders to predict the movement of Equity Stock. The fundamental analysis module provides a way to measure Equity Metals' 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 Equity Metals stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -3.7 M | -3.5 M | |
| Net Loss | -4.5 M | -4.3 M | |
| Net Loss | -3.7 M | -3.5 M | |
| Net Loss | (0.03) | (0.03) |
Equity | Net Income |
Equity Metals Corp Company Net Income Analysis
Equity Metals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Equity Metals Net Income | (4.08 M) |
Most of Equity Metals' fundamental indicators, such as Net Income, 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, Equity Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Equity Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Equity Metals is extremely important. It helps to project a fair market value of Equity Stock properly, considering its historical fundamentals such as Net Income. Since Equity Metals' 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 Equity Metals' 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 Equity Metals' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Equity Net Interest Income
Net Interest Income |
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Based on the recorded statements, Equity Metals Corp reported net income of (4.08 Million). This is 66.11% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 100.71% higher than that of the company.
Equity Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equity Metals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equity Metals could also be used in its relative valuation, which is a method of valuing Equity Metals by comparing valuation metrics of similar companies.Equity Metals is currently under evaluation in net income category among its peers.
Equity Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Equity Metals from analyzing Equity Metals' financial statements. These drivers represent accounts that assess Equity Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equity Metals' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 3.9M | 9.9M | 5.8M | 15.9M | 14.3M | 15.0M | |
| Enterprise Value | 2.1M | 8.1M | 5.3M | 12.9M | 11.6M | 12.2M |
Equity Fundamentals
| Return On Equity | -1.54 | ||||
| Return On Asset | -0.96 | ||||
| Current Valuation | 31.49 M | ||||
| Shares Outstanding | 194.82 M | ||||
| Shares Owned By Insiders | 1.10 % | ||||
| Number Of Shares Shorted | 48.66 K | ||||
| Price To Book | 9.63 X | ||||
| Gross Profit | (70.94 K) | ||||
| EBITDA | (5.77 M) | ||||
| Net Income | (4.08 M) | ||||
| Cash And Equivalents | 3.18 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 1.53 M | ||||
| Current Ratio | 8.60 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (4.13 M) | ||||
| Short Ratio | 0.15 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 0.39 | ||||
| Beta | 0.64 | ||||
| Market Capitalization | 33.12 M | ||||
| Total Asset | 5.5 M | ||||
| Retained Earnings | (34.44 M) | ||||
| Working Capital | 3.75 M | ||||
| Net Asset | 5.5 M |
About Equity Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equity Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equity Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equity Metals 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 Equity Stock Analysis
When running Equity Metals' price analysis, check to measure Equity 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 Equity Metals is operating at the current time. Most of Equity Metals' value examination focuses on studying past and present price action to predict the probability of Equity Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Metals' price. Additionally, you may evaluate how the addition of Equity Metals to your portfolios can decrease your overall portfolio volatility.