Grande Portage Total Debt vs. Price To Earning
| GPG Stock | CAD 0.19 0.01 5.56% |
For Grande Portage profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grande Portage to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grande Portage Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grande Portage's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grande Portage Resources over time as well as its relative position and ranking within its peers.
Grande |
Grande Portage Resources Price To Earning vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grande Portage's current stock value. Our valuation model uses many indicators to compare Grande Portage value to that of its competitors to determine the firm's financial worth. Grande Portage Resources is rated # 3 in total debt category among its peers. It is rated # 4 in price to earning 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 Grande Portage's earnings, one of the primary drivers of an investment's value.Grande Total Debt vs. Competition
Grande Portage Resources is rated # 3 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 895,063. Grande Portage retains roughly 131,100 in total debt claiming about 15% of all equities under Materials industry.
Grande Price To Earning 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.
Grande Portage |
| = | 131.1 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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Grande Portage |
| = | (24.81) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Grande Price To Earning Comparison
Grande Portage is currently under evaluation in price to earning category among its peers.
Grande Portage Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grande Portage, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grande Portage will eventually generate negative long term returns. The profitability progress is the general direction of Grande Portage's change in net profit over the period of time. It can combine multiple indicators of Grande Portage, 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 | 4.9 M | 5.1 M | |
| Operating Income | -1 M | -958.5 K | |
| Income Before Tax | -986.9 K | -1 M | |
| Total Other Income Expense Net | 22.1 K | 23.2 K | |
| Net Loss | -986.9 K | -1 M | |
| Income Tax Expense | (1.80) | (1.71) | |
| Net Loss | -1.3 M | -1.3 M | |
| Net Loss | -1.4 M | -1.5 M | |
| Net Interest Income | 18.6 K | 19.5 K | |
| Interest Income | 18.6 K | 19.5 K | |
| Change To Netincome | 703.6 K | 738.8 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.04 | 0.04 | |
| Net Income Per E B T | 0.85 | 0.89 |
Grande Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grande Portage. 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 Grande Portage 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 Grande Portage's important profitability drivers and their relationship over time.
Use Grande Portage 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 Grande Portage 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 Grande Portage will appreciate offsetting losses from the drop in the long position's value.Grande Portage Pair Trading
Grande Portage Resources Pair Trading Analysis
The ability to find closely correlated positions to Grande Portage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grande Portage 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 Grande Portage - 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 Grande Portage Resources to buy it.
The correlation of Grande Portage 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 Grande Portage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grande Portage 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 Grande Portage 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 Grande Portage position
In addition to having Grande Portage 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Grande Stock Analysis
When running Grande Portage's price analysis, check to measure Grande Portage'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 Grande Portage is operating at the current time. Most of Grande Portage's value examination focuses on studying past and present price action to predict the probability of Grande Portage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grande Portage's price. Additionally, you may evaluate how the addition of Grande Portage to your portfolios can decrease your overall portfolio volatility.