Benton Resources Current Ratio vs. Price To Book
| BNTRF Stock | USD 0.05 0.01 11.11% |
For Benton Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Benton Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Benton Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Benton Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Benton Resources over time as well as its relative position and ranking within its peers.
Benton |
Benton Resources Price To Book vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Benton Resources's current stock value. Our valuation model uses many indicators to compare Benton Resources value to that of its competitors to determine the firm's financial worth. Benton Resources is rated second in current ratio category among its peers. It is number one stock in price to book category among its peers fabricating about 0.27 of Price To Book per Current Ratio. The ratio of Current Ratio to Price To Book for Benton Resources is roughly 3.68 . 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 Benton Resources' earnings, one of the primary drivers of an investment's value.Benton Price To Book vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Benton Resources |
| = | 5.57 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Benton Resources |
| = | 1.51 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Benton Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Benton Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Benton Resources will eventually generate negative long term returns. The profitability progress is the general direction of Benton Resources' change in net profit over the period of time. It can combine multiple indicators of Benton Resources, 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.
Benton Resources Inc. operates as a mineral exploration company. Benton Resources Inc. was incorporated in 2011 and is headquartered in Thunder Bay, Canada. Benton Resources is traded on OTC Exchange in the United States.
Benton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Benton Resources. 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 Benton Resources 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 Benton Resources' important profitability drivers and their relationship over time.
Use Benton Resources 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 Benton Resources 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 Benton Resources will appreciate offsetting losses from the drop in the long position's value.Benton Resources Pair Trading
Benton Resources Pair Trading Analysis
The ability to find closely correlated positions to Benton Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Benton Resources 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 Benton Resources - 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 Benton Resources to buy it.
The correlation of Benton Resources 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 Benton Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Benton Resources 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 Benton Resources 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.Use Investing Themes to Complement your Benton Resources position
In addition to having Benton Resources 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.Did You Try This Idea?
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Other Information on Investing in Benton Pink Sheet
To fully project Benton Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Benton Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Benton Resources' income statement, its balance sheet, and the statement of cash flows.