IMetal Resources Shares Outstanding vs. Debt To Equity
| IMR Stock | CAD 0.21 0.01 5.00% |
For IMetal Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IMetal Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iMetal Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IMetal Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iMetal Resources over time as well as its relative position and ranking within its peers.
IMetal |
iMetal Resources Debt To Equity vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IMetal Resources's current stock value. Our valuation model uses many indicators to compare IMetal Resources value to that of its competitors to determine the firm's financial worth. iMetal Resources is rated second overall in shares outstanding category among its peers. It also is rated second overall in debt to equity category among its peers . The ratio of Shares Outstanding to Debt To Equity for iMetal Resources is about 18,693,200 . 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 IMetal Resources' earnings, one of the primary drivers of an investment's value.IMetal Debt To Equity vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
IMetal Resources |
| = | 5.61 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
IMetal Resources |
| = | 0.30 % |
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.
IMetal Debt To Equity Comparison
IMetal Resources is currently under evaluation in debt to equity category among its peers.
IMetal Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IMetal Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IMetal Resources will eventually generate negative long term returns. The profitability progress is the general direction of IMetal Resources' change in net profit over the period of time. It can combine multiple indicators of IMetal Resources, 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 | -1.1 M | -1.2 M | |
| Net Loss | -2.3 M | -2.2 M | |
| Income Before Tax | -2.3 M | -2.2 M | |
| Total Other Income Expense Net | -1.1 M | -1.1 M | |
| Net Loss | -1.9 M | -2 M | |
| Net Loss | -2.3 M | -2.2 M | |
| Net Interest Income | -16.7 K | -15.8 K | |
| Change To Netincome | -206.8 K | -196.4 K |
IMetal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IMetal Resources. 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 IMetal Resources 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 IMetal Resources' important profitability drivers and their relationship over time.
Use IMetal Resources 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 IMetal Resources 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 IMetal Resources will appreciate offsetting losses from the drop in the long position's value.IMetal Resources Pair Trading
iMetal Resources Pair Trading Analysis
The ability to find closely correlated positions to IMetal Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IMetal Resources 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 IMetal Resources - 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 iMetal Resources to buy it.
The correlation of IMetal Resources 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 IMetal Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iMetal 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 IMetal Resources 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 IMetal Resources position
In addition to having IMetal Resources 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 IMetal Stock Analysis
When running IMetal Resources' price analysis, check to measure IMetal Resources' 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 IMetal Resources is operating at the current time. Most of IMetal Resources' value examination focuses on studying past and present price action to predict the probability of IMetal Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IMetal Resources' price. Additionally, you may evaluate how the addition of IMetal Resources to your portfolios can decrease your overall portfolio volatility.