Golden Arrow Resources Stock Debt To Equity
| GRG Stock | CAD 0.04 0.01 20.00% |
Golden Arrow Resources fundamentals help investors to digest information that contributes to Golden Arrow's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Arrow'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 Golden Arrow stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.27 | 0.15 |
Golden | Debt To Equity |
Golden Arrow Resources Company Debt To Equity Analysis
Golden Arrow'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 Golden Arrow Debt To Equity | 35.70 % |
Most of Golden Arrow'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, Golden Arrow Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Golden Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Golden Arrow is extremely important. It helps to project a fair market value of Golden Stock properly, considering its historical fundamentals such as Debt To Equity. Since Golden Arrow'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 Golden Arrow'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 Golden Arrow'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 |
Golden Total Stockholder Equity
Total Stockholder Equity |
|
According to the company disclosure, Golden Arrow Resources has a Debt To Equity of 35.7%. This is 44.57% lower than that of the Metals & Mining sector and 44.47% lower than that of the Materials industry. The debt to equity for all Canada stocks is 26.69% higher than that of the company.
Golden Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Arrow'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 Golden Arrow could also be used in its relative valuation, which is a method of valuing Golden Arrow by comparing valuation metrics of similar companies.Golden Arrow is currently under evaluation in debt to equity category among its peers.
Golden Arrow Current Valuation Drivers
We derive many important indicators used in calculating different scores of Golden Arrow from analyzing Golden Arrow's financial statements. These drivers represent accounts that assess Golden Arrow's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Golden Arrow's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 21.7M | 21.4M | 21.5M | 10.9M | 9.8M | 14.4M | |
| Enterprise Value | 19.2M | 15.0M | 20.9M | 10.8M | 9.7M | 12.8M |
Golden Fundamentals
| Return On Equity | -0.93 | ||||
| Return On Asset | -0.63 | ||||
| Current Valuation | 6.66 M | ||||
| Shares Outstanding | 155.42 M | ||||
| Shares Owned By Insiders | 7.80 % | ||||
| Number Of Shares Shorted | 2.44 K | ||||
| Price To Earning | 1.58 X | ||||
| Price To Book | 5.38 X | ||||
| Gross Profit | (69.52 K) | ||||
| EBITDA | (7.74 M) | ||||
| Net Income | (5.82 M) | ||||
| Cash And Equivalents | 596.65 K | ||||
| Total Debt | 190.77 K | ||||
| Debt To Equity | 35.70 % | ||||
| Current Ratio | 2.41 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (6.63 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 6.22 M | ||||
| Total Asset | 6.51 M | ||||
| Retained Earnings | (60.17 M) | ||||
| Working Capital | 80.92 K | ||||
| Net Asset | 6.51 M |
About Golden Arrow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Arrow Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Arrow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Arrow Resources 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 Golden Stock Analysis
When running Golden Arrow's price analysis, check to measure Golden Arrow'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 Golden Arrow is operating at the current time. Most of Golden Arrow's value examination focuses on studying past and present price action to predict the probability of Golden Arrow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Arrow's price. Additionally, you may evaluate how the addition of Golden Arrow to your portfolios can decrease your overall portfolio volatility.