Trench Metals Corp Stock Short Ratio
| TMC Stock | CAD 0.58 0.03 5.45% |
Trench Metals Corp fundamentals help investors to digest information that contributes to Trench Metals' financial success or failures. It also enables traders to predict the movement of Trench Stock. The fundamental analysis module provides a way to measure Trench 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 Trench Metals stock.
Trench | Short Ratio |
Trench Metals Corp Company Short Ratio Analysis
Trench Metals' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Trench Metals Short Ratio | 0.16 X |
Most of Trench Metals' fundamental indicators, such as Short Ratio, 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, Trench Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Trench Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Trench Metals is extremely important. It helps to project a fair market value of Trench Stock properly, considering its historical fundamentals such as Short Ratio. Since Trench 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 Trench 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 Trench Metals' interrelated accounts and indicators.
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
CompetitionBased on the latest financial disclosure, Trench Metals Corp has a Short Ratio of 0.16 times. This is 96.0% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The short ratio for all Canada stocks is 96.0% higher than that of the company.
Trench Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trench Metals' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trench Metals could also be used in its relative valuation, which is a method of valuing Trench Metals by comparing valuation metrics of similar companies.Trench Metals is currently under evaluation in short ratio category among its peers.
Trench Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Trench Metals from analyzing Trench Metals' financial statements. These drivers represent accounts that assess Trench Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Trench Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 66.0M | 393.2M | 240.9M | 47.0M | 42.3M | 76.7M | |
| Enterprise Value | 65.2M | 393.0M | 240.3M | 46.5M | 41.8M | 76.2M |
Trench Fundamentals
| Return On Equity | -1.11 | ||||
| Return On Asset | -0.66 | ||||
| Current Valuation | 2.4 M | ||||
| Shares Outstanding | 5.46 M | ||||
| Shares Owned By Insiders | 0.52 % | ||||
| Number Of Shares Shorted | 501 | ||||
| Price To Book | 2.49 X | ||||
| Price To Sales | 0.26 X | ||||
| Gross Profit | (23.29 K) | ||||
| EBITDA | (811.32 K) | ||||
| Net Income | (986.4 K) | ||||
| Cash And Equivalents | 697.77 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 25.18 K | ||||
| Current Ratio | 71.49 X | ||||
| Book Value Per Share | 0.23 X | ||||
| Cash Flow From Operations | (185.39 K) | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Beta | 2.37 | ||||
| Market Capitalization | 3.82 M | ||||
| Total Asset | 1.19 M | ||||
| Retained Earnings | (6.3 M) | ||||
| Working Capital | 536.19 K | ||||
| Net Asset | 1.19 M |
About Trench Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trench Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trench Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trench 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Trench Stock Analysis
When running Trench Metals' price analysis, check to measure Trench 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 Trench Metals is operating at the current time. Most of Trench Metals' value examination focuses on studying past and present price action to predict the probability of Trench Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trench Metals' price. Additionally, you may evaluate how the addition of Trench Metals to your portfolios can decrease your overall portfolio volatility.