Independence Gold Debt To Equity vs. Total Debt
| IGO Stock | CAD 0.23 0.02 8.00% |
For Independence Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Independence Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Independence Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Independence Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Independence Gold Corp over time as well as its relative position and ranking within its peers.
Independence |
Independence Gold Corp Total Debt vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Independence Gold's current stock value. Our valuation model uses many indicators to compare Independence Gold value to that of its competitors to determine the firm's financial worth. Independence Gold Corp is currently regarded as number one stock in debt to equity category among its peers. It is rated third overall in total debt category among its peers making up about 53,263 of Total Debt per Debt To Equity. 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 Independence Gold's earnings, one of the primary drivers of an investment's value.Independence Total Debt vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Independence Gold |
| = | 7.90 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
Independence Gold |
| = | 420.78 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.
Independence Total Debt vs Competition
Independence Gold Corp is rated third overall in total debt category among its peers. Total debt of Materials industry is currently estimated at about 5.54 Million. Independence Gold holds roughly 420,776 in total debt claiming about 8% of all equities under Materials industry.
Independence Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Independence Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Independence Gold will eventually generate negative long term returns. The profitability progress is the general direction of Independence Gold's change in net profit over the period of time. It can combine multiple indicators of Independence Gold, 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.
Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. INDEPENDENCE GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Independence Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Independence Gold. 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 Independence Gold 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 Independence Gold's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Independence Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Use Investing Themes to Complement your Independence Gold position
In addition to having Independence Gold 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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Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 38 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 Diversified Assets Theme or any other thematic opportunities.
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Additional Tools for Independence Stock Analysis
When running Independence Gold's price analysis, check to measure Independence Gold'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 Independence Gold is operating at the current time. Most of Independence Gold's value examination focuses on studying past and present price action to predict the probability of Independence Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Gold's price. Additionally, you may evaluate how the addition of Independence Gold to your portfolios can decrease your overall portfolio volatility.