Scottie Resources Corp Stock Retained Earnings
| SCOT Stock | CAD 0.16 0.01 5.88% |
Scottie Resources Corp fundamentals help investors to digest information that contributes to Scottie Resources' financial success or failures. It also enables traders to predict the movement of Scottie Stock. The fundamental analysis module provides a way to measure Scottie Resources' 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 Scottie Resources stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -40.4 M | -38.4 M |
Scottie | Retained Earnings |
Scottie Resources Corp Company Retained Earnings Analysis
Scottie Resources' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Scottie Resources Retained Earnings | (44.88 M) |
Most of Scottie Resources' fundamental indicators, such as Retained Earnings, 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, Scottie Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Scottie Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Scottie Resources is extremely important. It helps to project a fair market value of Scottie Stock properly, considering its historical fundamentals such as Retained Earnings. Since Scottie Resources' 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 Scottie Resources' 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 Scottie Resources' interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Scottie Resources Corp has a Retained Earnings of (44.88 Million). This is 100.23% lower than that of the Metals & Mining sector and 100.51% lower than that of the Materials industry. The retained earnings for all Canada stocks is 100.48% higher than that of the company.
Scottie Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Scottie Resources' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Scottie Resources could also be used in its relative valuation, which is a method of valuing Scottie Resources by comparing valuation metrics of similar companies.Scottie Resources is currently under evaluation in retained earnings category among its peers.
Scottie Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Scottie Resources from analyzing Scottie Resources' financial statements. These drivers represent accounts that assess Scottie Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Scottie Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 10.0M | 34.1M | 25.2M | 34.5M | 31.1M | 32.6M | |
| Enterprise Value | 10.0M | 29.4M | 17.9M | 31.0M | 27.9M | 29.3M |
Scottie Fundamentals
| Return On Equity | -0.97 | ||||
| Return On Asset | -0.7 | ||||
| Current Valuation | 36.77 M | ||||
| Shares Outstanding | 49.97 M | ||||
| Shares Owned By Insiders | 22.11 % | ||||
| Shares Owned By Institutions | 2.69 % | ||||
| Number Of Shares Shorted | 4 K | ||||
| Price To Book | 3.92 X | ||||
| EBITDA | (1.96 M) | ||||
| Net Income | (19.07 M) | ||||
| Cash And Equivalents | 49.43 K | ||||
| Total Debt | 2.6 M | ||||
| Current Ratio | 0.34 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (11 M) | ||||
| Short Ratio | 0.13 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Target Price | 0.3 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 8 M | ||||
| Total Asset | 9.54 M | ||||
| Retained Earnings | (44.88 M) | ||||
| Working Capital | 103.09 K | ||||
| Net Asset | 9.54 M |
About Scottie Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Scottie Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scottie Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scottie Resources 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 Scottie Stock Analysis
When running Scottie Resources' price analysis, check to measure Scottie Resources' 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 Scottie Resources is operating at the current time. Most of Scottie Resources' value examination focuses on studying past and present price action to predict the probability of Scottie Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scottie Resources' price. Additionally, you may evaluate how the addition of Scottie Resources to your portfolios can decrease your overall portfolio volatility.