Gunpoint Exploration Current Ratio vs. Cash Per Share
| GUN Stock | CAD 0.60 0.00 0.00% |
For Gunpoint Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gunpoint Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gunpoint Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gunpoint Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gunpoint Exploration over time as well as its relative position and ranking within its peers.
Gunpoint |
Gunpoint Exploration Cash Per Share vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gunpoint Exploration's current stock value. Our valuation model uses many indicators to compare Gunpoint Exploration value to that of its competitors to determine the firm's financial worth. Gunpoint Exploration is rated # 3 in current ratio category among its peers. It is one of the top stocks in cash per share category among its peers fabricating about 0.03 of Cash Per Share per Current Ratio. The ratio of Current Ratio to Cash Per Share for Gunpoint Exploration is roughly 38.67 . 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 Gunpoint Exploration's earnings, one of the primary drivers of an investment's value.Gunpoint Cash Per Share 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.
Gunpoint Exploration |
| = | 1.16 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).
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Gunpoint Exploration |
| = | 0.03 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Gunpoint Cash Per Share Comparison
Gunpoint Exploration is currently under evaluation in cash per share category among its peers.
Gunpoint Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gunpoint Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gunpoint Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Gunpoint Exploration's change in net profit over the period of time. It can combine multiple indicators of Gunpoint Exploration, 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 | ||
| Operating Income | -547 K | -574.4 K | |
| Net Loss | -1 M | -1.1 M | |
| Income Before Tax | -1 M | -1.1 M | |
| Total Other Income Expense Net | -467 K | -443.6 K | |
| Net Loss | -984.4 K | -1 M | |
| Net Loss | -1 M | -1.1 M | |
| Income Tax Expense | -90.5 K | -95 K | |
| Net Interest Income | -2.3 K | -2.4 K | |
| Change To Netincome | 491.4 K | 516 K |
Gunpoint Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gunpoint Exploration. 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 Gunpoint Exploration 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 Gunpoint Exploration's important profitability drivers and their relationship over time.
Use Gunpoint Exploration 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 Gunpoint Exploration 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 Gunpoint Exploration will appreciate offsetting losses from the drop in the long position's value.Gunpoint Exploration Pair Trading
Gunpoint Exploration Pair Trading Analysis
The ability to find closely correlated positions to Gunpoint Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gunpoint Exploration 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 Gunpoint Exploration - 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 Gunpoint Exploration to buy it.
The correlation of Gunpoint Exploration 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 Gunpoint Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gunpoint Exploration 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 Gunpoint Exploration 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 Gunpoint Exploration position
In addition to having Gunpoint Exploration 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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Additional Tools for Gunpoint Stock Analysis
When running Gunpoint Exploration's price analysis, check to measure Gunpoint Exploration'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 Gunpoint Exploration is operating at the current time. Most of Gunpoint Exploration's value examination focuses on studying past and present price action to predict the probability of Gunpoint Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gunpoint Exploration's price. Additionally, you may evaluate how the addition of Gunpoint Exploration to your portfolios can decrease your overall portfolio volatility.