Highland Copper Total Debt vs. Net Income

HI Stock  CAD 0.07  0.01  12.50%   
Considering Highland Copper's profitability and operating efficiency indicators, Highland Copper 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 Highland Copper's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 283.27 in 2024. Days Sales Outstanding is likely to drop to 2,103 in 2024. At this time, Highland Copper's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Net Income is likely to climb to about 25.4 M in 2024, whereas Income Tax Expense is likely to drop 2.18 in 2024.
For Highland Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Highland Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Highland Copper utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Highland Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Highland Copper over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Highland Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Highland Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highland Copper's 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.

Highland Copper Net Income vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Highland Copper's current stock value. Our valuation model uses many indicators to compare Highland Copper value to that of its competitors to determine the firm's financial worth.
Highland Copper is rated # 2 in total debt category among its peers. It is one of the top stocks in net income category among its peers making up about  4.09  of Net Income per Total Debt. At this time, Highland Copper's Net Income 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 Highland Copper's earnings, one of the primary drivers of an investment's value.

Highland Total Debt vs. Competition

Highland Copper is rated # 2 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 181.26 Million. Highland Copper holds roughly 5.92 Million in total debt claiming about 3% of all equities under Materials industry.
Total debt  Workforce  Capitalization  Revenue  Valuation

Highland Net Income 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.

Highland Copper

Total Debt

 = 

Bonds

+

Notes

 = 
5.92 M
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Highland Copper

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
24.2 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Highland Net Income Comparison

Highland Copper is currently under evaluation in net income category among its peers.

Highland Copper Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Highland Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Highland Copper will eventually generate negative long term returns. The profitability progress is the general direction of Highland Copper's change in net profit over the period of time. It can combine multiple indicators of Highland Copper, 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 Income923.5 K1.4 M
Operating Income-13.4 M-12.7 M
Net Income24.2 M25.4 M
Income Tax Expense 2.30  2.18 
Income Before Tax25.2 M26.4 M
Total Other Income Expense Net37.7 M39.6 M
Net Income From Continuing Ops24.2 M25.4 M
Net Loss-2.4 M-2.5 M
Net Interest Income839 K881 K
Interest Income904.6 K949.8 K
Change To Netincome-2.1 M-2 M
Net Loss 0.03 (0.37)
Income Quality(0.49) 0.30 
Net Income Per E B T 0.96  0.71 

Highland Profitability Driver Comparison

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

Use Highland Copper 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 Highland Copper 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 Highland Copper will appreciate offsetting losses from the drop in the long position's value.

Highland Copper Pair Trading

Highland Copper Pair Trading Analysis

The ability to find closely correlated positions to Highland Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Highland Copper 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 Highland Copper - 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 Highland Copper to buy it.
The correlation of Highland Copper 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 Highland Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Highland Copper 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 Highland Copper 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Highland Copper position

In addition to having Highland Copper 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.

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Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Additional Tools for Highland Stock Analysis

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