AgriMinco Corp Total Debt vs. Return On Asset
| ETPHF Stock | USD 0.0001 0.00 0.00% |
For AgriMinco Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AgriMinco Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AgriMinco Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AgriMinco Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AgriMinco Corp over time as well as its relative position and ranking within its peers.
AgriMinco |
AgriMinco Corp Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AgriMinco Corp's current stock value. Our valuation model uses many indicators to compare AgriMinco Corp value to that of its competitors to determine the firm's financial worth. AgriMinco Corp is rated below average in total debt category among its peers. It also is rated below average in return on asset category among its peers . 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 AgriMinco Corp's earnings, one of the primary drivers of an investment's value.AgriMinco Total Debt vs. Competition
AgriMinco Corp is rated below average in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is currently estimated at about 20.48 Million. AgriMinco Corp claims roughly 222,694 in total debt contributing just under 2% to all equities under Other Industrial Metals & Mining industry.
AgriMinco Return On Asset vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
AgriMinco Corp |
| = | 222.69 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
AgriMinco Corp |
| = | -0.32 |
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.
AgriMinco Return On Asset Comparison
AgriMinco Corp is currently under evaluation in return on asset category among its peers.
AgriMinco Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AgriMinco Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AgriMinco Corp will eventually generate negative long term returns. The profitability progress is the general direction of AgriMinco Corp's change in net profit over the period of time. It can combine multiple indicators of AgriMinco Corp, 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.
AgriMinco Corp. engages in the acquisition, exploration, and development of agricultural and industrial mineral projects, and renewable energy solutions in Africa. AgriMinco Corp. was incorporated in 2010 and is based in Toronto, Canada. Agriminco Corp operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
AgriMinco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AgriMinco Corp. 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 AgriMinco Corp 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 AgriMinco Corp's important profitability drivers and their relationship over time.
Use AgriMinco Corp 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 AgriMinco Corp 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 AgriMinco Corp will appreciate offsetting losses from the drop in the long position's value.AgriMinco Corp Pair Trading
AgriMinco Corp Pair Trading Analysis
The ability to find closely correlated positions to AgriMinco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AgriMinco Corp 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 AgriMinco Corp - 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 AgriMinco Corp to buy it.
The correlation of AgriMinco Corp 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 AgriMinco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AgriMinco Corp 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 AgriMinco Corp 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 AgriMinco Corp position
In addition to having AgriMinco Corp 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 SRI Sustainable Growth Thematic Idea Now
SRI Sustainable Growth
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth theme has 46 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 SRI Sustainable Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in AgriMinco Pink Sheet
To fully project AgriMinco Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AgriMinco Corp 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 AgriMinco Corp's income statement, its balance sheet, and the statement of cash flows.