Elemental Royalties Gross Profit vs. Number Of Shares Shorted
| ELE Stock | 1.17 0.03 2.63% |
Gross Profit | First Reported 2019-06-30 | Previous Quarter 1.7 M | Current Value 2.1 M | Quarterly Volatility 445.2 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.65 | 0.4124 |
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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.
Elemental |
Elemental Royalties Corp Number Of Shares Shorted vs. Gross Profit 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 gross profit category among its peers. It is rated # 4 in number of shares shorted category among its peers . The ratio of Gross Profit to Number Of Shares Shorted for Elemental Royalties Corp is about 606.75 . At this time, Elemental Royalties' Gross Profit 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 Number Of Shares Shorted vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Elemental Royalties |
| = | 9.19 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Elemental Royalties |
| = | 15.14 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Elemental Number Of Shares Shorted Comparison
Elemental Royalties is currently under evaluation in number of shares shorted 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 306 K | 369.9 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 Income | 106 K | 111.3 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 Net | 4 M | 4.2 M | |
| Net Loss | -3.9 M | -4.1 M | |
| Change To Netincome | 13.8 M | 14.4 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.
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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.