Cassiar Gold Corp Stock Debt To Equity

GLDC Stock  CAD 0.22  0.00  0.00%   
Cassiar Gold Corp fundamentals help investors to digest information that contributes to Cassiar Gold's financial success or failures. It also enables traders to predict the movement of Cassiar Stock. The fundamental analysis module provides a way to measure Cassiar 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 Cassiar Gold stock.
Last ReportedProjected for Next Year
Debt To Equity 0.09  0.09 
Debt To Equity is likely to drop to 0.09 in 2024.
  
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Cassiar Gold Corp Company Debt To Equity Analysis

Cassiar 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 Cassiar Gold Debt To Equity

    
  0.0854  
Most of Cassiar 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, Cassiar Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cassiar Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Cassiar Gold is extremely important. It helps to project a fair market value of Cassiar Stock properly, considering its historical fundamentals such as Debt To Equity. Since Cassiar 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 Cassiar 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 Cassiar 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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Cassiar Total Stockholder Equity

Total Stockholder Equity

49.46 Million

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

Cassiar Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cassiar Gold'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 Cassiar Gold could also be used in its relative valuation, which is a method of valuing Cassiar Gold by comparing valuation metrics of similar companies.
Cassiar Gold is currently under evaluation in debt to equity category among its peers.

Cassiar Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Cassiar Gold from analyzing Cassiar Gold's financial statements. These drivers represent accounts that assess Cassiar Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cassiar Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap19.8M20.0M36.4M28.5M25.7M26.9M
Enterprise Value18.0M16.5M28.0M24.1M21.7M22.8M

Cassiar Fundamentals

About Cassiar Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cassiar Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cassiar Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cassiar 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Cassiar Stock Analysis

When running Cassiar Gold's price analysis, check to measure Cassiar 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 Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to predict the probability of Cassiar 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 Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.