Elemental Royalties EBITDA vs. Return On Asset

ELE Stock   1.18  0.02  1.67%   
Based on Elemental Royalties' profitability indicators, Elemental Royalties Corp 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 Elemental Royalties' ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
2.5 M
Current Value
2.1 M
Quarterly Volatility
406.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Elemental Royalties' Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to climb to 196.68 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.42 in 2024. At this time, Elemental Royalties' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Interest Income is likely to climb to about 111.3 K in 2024, despite the fact that Income Tax Expense is likely to grow to (132.2 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.650.4124
Way Up
Slightly volatile
For Elemental Royalties profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elemental Royalties to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elemental Royalties Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elemental Royalties's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elemental Royalties Corp over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
Please note, there is a significant difference between Elemental Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elemental Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elemental Royalties' 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.

Elemental Royalties Corp Return On Asset vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Elemental Royalties's current stock value. Our valuation model uses many indicators to compare Elemental Royalties value to that of its competitors to determine the firm's financial worth.
Elemental Royalties Corp is one of the top stocks in ebitda category among its peers. It is rated # 2 in return on asset category among its peers . At this time, Elemental Royalties' EBITDA is fairly 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 Elemental Royalties' earnings, one of the primary drivers of an investment's value.

Elemental Return On Asset 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.

Elemental Royalties

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
4.92 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Elemental Royalties

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0059
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Elemental Return On Asset Comparison

Elemental Royalties is currently under evaluation in return on asset category among its peers.

Elemental Royalties Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Elemental Royalties, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elemental Royalties will eventually generate negative long term returns. The profitability progress is the general direction of Elemental Royalties' change in net profit over the period of time. It can combine multiple indicators of Elemental Royalties, 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 Income306 K369.9 K
Net Loss-16.4 M-15.6 M
Income Tax Expense-139.2 K-132.2 K
Net Interest Income-2.5 M-2.7 M
Interest Income106 K111.3 K
Operating Income-3.2 M-3 M
Net Loss-3 M-3.2 M
Income Before Tax-1.7 M-1.8 M
Total Other Income Expense NetM4.2 M
Net Loss-3.9 M-4.1 M
Change To Netincome13.8 M14.4 M
Net Loss(0.02)(0.02)
Income Quality(0.51)(0.54)
Net Income Per E B T 2.23  2.34 

Elemental Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Elemental Royalties. 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 Elemental Royalties 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 Elemental Royalties' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Elemental Royalties without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Headlines Timeline Now

   

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
All  Next Launch Module

Use Investing Themes to Complement your Elemental Royalties position

In addition to having Elemental Royalties 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?

Run Precious Metals Thematic Idea Now

Precious Metals
Precious Metals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Elemental Stock Analysis

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