Fpx Nickel Corp Stock Debt To Equity
| FPX Stock | CAD 0.24 0.01 4.00% |
FPX Nickel Corp fundamentals help investors to digest information that contributes to FPX Nickel's financial success or failures. It also enables traders to predict the movement of FPX Stock. The fundamental analysis module provides a way to measure FPX 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 FPX Nickel stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.31 | 0.29 |
FPX | Debt To Equity |
FPX Nickel Corp Company Debt To Equity Analysis
FPX 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 FPX Nickel Debt To Equity | 295.80 % |
Most of FPX 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, FPX Nickel Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
FPX Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for FPX Nickel is extremely important. It helps to project a fair market value of FPX Stock properly, considering its historical fundamentals such as Debt To Equity. Since FPX Nickel'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 FPX Nickel'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 FPX Nickel's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
FPX Total Stockholder Equity
Total Stockholder Equity |
|
According to the company disclosure, FPX Nickel Corp has a Debt To Equity of 295%. This is 359.25% higher than that of the Metals & Mining sector and notably higher than that of the Materials industry. The debt to equity for all Canada stocks is notably lower than that of the firm.
FPX Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FPX Nickel's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FPX Nickel could also be used in its relative valuation, which is a method of valuing FPX Nickel by comparing valuation metrics of similar companies.FPX Nickel is currently under evaluation in debt to equity category among its peers.
FPX Nickel Current Valuation Drivers
We derive many important indicators used in calculating different scores of FPX Nickel from analyzing FPX Nickel's financial statements. These drivers represent accounts that assess FPX Nickel's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of FPX Nickel's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.8M | 119.0M | 102.9M | 93.6M | 84.2M | 88.5M | |
| Enterprise Value | 30.0M | 116.6M | 88.6M | 75.7M | 68.2M | 71.6M |
FPX Fundamentals
| Return On Equity | -0.0351 | |||
| Return On Asset | -0.0384 | |||
| Current Valuation | 40.27 M | |||
| Shares Outstanding | 314.88 M | |||
| Shares Owned By Insiders | 25.89 % | |||
| Shares Owned By Institutions | 0.07 % | |||
| Number Of Shares Shorted | 9.65 K | |||
| Price To Earning | (14.29) X | |||
| Price To Book | 1.08 X | |||
| Gross Profit | (4.6 K) | |||
| EBITDA | (5.53 M) | |||
| Net Income | (4.45 M) | |||
| Cash And Equivalents | 1.17 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 269.44 K | |||
| Debt To Equity | 295.80 % | |||
| Current Ratio | 7.82 X | |||
| Book Value Per Share | 0.20 X | |||
| Cash Flow From Operations | (1.97 M) | |||
| Short Ratio | 0.12 X | |||
| Earnings Per Share | (0.01) X | |||
| Target Price | 1.18 | |||
| Beta | 0.96 | |||
| Market Capitalization | 75.57 M | |||
| Total Asset | 59.89 M | |||
| Retained Earnings | (50.21 M) | |||
| Working Capital | 28.66 M | |||
| Net Asset | 59.89 M |
About FPX Nickel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FPX Nickel Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FPX Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FPX Nickel 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for FPX Stock Analysis
When running FPX Nickel's price analysis, check to measure FPX Nickel'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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.