Aspire Mining EBITDA vs. Book Value Per Share

AKM Stock   0.27  0.01  3.57%   
Considering the key profitability indicators obtained from Aspire Mining's historical financial statements, Aspire Mining may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Aspire Mining's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
-3.5 M
Current Value
-3.7 M
Quarterly Volatility
3.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Aspire Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aspire Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aspire Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aspire Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aspire Mining over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Aspire Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspire Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspire Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Aspire Mining Book Value Per Share vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Aspire Mining's current stock value. Our valuation model uses many indicators to compare Aspire Mining value to that of its competitors to determine the firm's financial worth.
Aspire Mining is rated third in ebitda category among its peers. It is rated second in book value per share category among its peers . At this time, Aspire Mining's EBITDA is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aspire Mining's earnings, one of the primary drivers of an investment's value.

Aspire Book Value Per Share vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Aspire Mining

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(3.5 M)
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Aspire Mining

Book Value per Share

 = 

Common Equity

Average Shares

 = 
0.09 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Aspire Book Value Per Share Comparison

Aspire Mining is currently under evaluation in book value per share category among its peers.

Aspire Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Aspire Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aspire Mining will eventually generate negative long term returns. The profitability progress is the general direction of Aspire Mining's change in net profit over the period of time. It can combine multiple indicators of Aspire Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-29.3 M-27.9 M
Operating Income-2 M-2.1 M
Income Before Tax-9.9 M-9.4 M
Total Other Income Expense Net-7.8 M-7.4 M
Net Loss-9.9 M-9.4 M
Income Tax Expense24.5 K23.2 K
Net Loss-644 K-676.2 K
Net Loss-640.7 K-672.8 K
Interest Income1.5 M830.4 K
Net Interest Income879.7 K923.7 K
Change To Netincome-1.1 M-1 M

Aspire Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Aspire Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Aspire Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Aspire Mining's important profitability drivers and their relationship over time.

Use Aspire Mining in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aspire Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aspire Mining will appreciate offsetting losses from the drop in the long position's value.

Aspire Mining Pair Trading

Aspire Mining Pair Trading Analysis

The ability to find closely correlated positions to Aspire Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspire Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aspire Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aspire Mining to buy it.
The correlation of Aspire Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aspire Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspire Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aspire Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Aspire Mining position

In addition to having Aspire Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Coal
Coal Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Coal Theme or any other thematic opportunities.
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Additional Tools for Aspire Stock Analysis

When running Aspire Mining's price analysis, check to measure Aspire Mining'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 Aspire Mining is operating at the current time. Most of Aspire Mining's value examination focuses on studying past and present price action to predict the probability of Aspire Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspire Mining's price. Additionally, you may evaluate how the addition of Aspire Mining to your portfolios can decrease your overall portfolio volatility.