Argentina Lithium Profitability Analysis
| LIT Stock | CAD 0.18 0.01 5.88% |
Net Loss | First Reported 2003-09-30 | Previous Quarter 223.4 K | Current Value -3.6 M | Quarterly Volatility 4.6 M |
For Argentina Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Argentina Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Argentina Lithium Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Argentina Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Argentina Lithium Energy over time as well as its relative position and ranking within its peers.
Argentina |
Argentina Lithium Energy Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Argentina Lithium's current stock value. Our valuation model uses many indicators to compare Argentina Lithium value to that of its competitors to determine the firm's financial worth. Argentina Lithium Energy is rated fifth overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers . At this time, Argentina Lithium's Return On Equity 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 Argentina Lithium's earnings, one of the primary drivers of an investment's value.Argentina Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Argentina Lithium |
| = | -1.37 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Argentina Lithium |
| = | -0.24 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Argentina Return On Asset Comparison
Argentina Lithium is currently under evaluation in return on asset category among its peers.
Argentina Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Argentina Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Argentina Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Argentina Lithium's change in net profit over the period of time. It can combine multiple indicators of Argentina Lithium, 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 | 14.9 M | 15.6 M | |
| Operating Income | -13.6 M | -12.9 M | |
| Net Loss | -56 M | -53.2 M | |
| Income Tax Expense | -10.1 M | -9.6 M | |
| Income Before Tax | -56 M | -53.2 M | |
| Total Other Income Expense Net | -42.4 M | -40.3 M | |
| Net Loss | -56 M | -53.2 M | |
| Net Loss | -7.6 M | -7.3 M | |
| Net Interest Income | 1.1 M | 1.1 M | |
| Interest Income | 1.1 M | 1.1 M | |
| Change To Netincome | 2.1 M | 2.2 M | |
| Net Loss | (0.35) | (0.37) | |
| Income Quality | 2.10 | 2.21 | |
| Net Income Per E B T | 0.94 | 0.98 |
Argentina Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Argentina Lithium. 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 Argentina Lithium 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 Argentina Lithium's important profitability drivers and their relationship over time.
Use Argentina Lithium 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 Argentina Lithium 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 Argentina Lithium will appreciate offsetting losses from the drop in the long position's value.Argentina Lithium Pair Trading
Argentina Lithium Energy Pair Trading Analysis
The ability to find closely correlated positions to Argentina Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argentina Lithium 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 Argentina Lithium - 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 Argentina Lithium Energy to buy it.
The correlation of Argentina Lithium 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 Argentina Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Argentina Lithium Energy 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 Argentina Lithium 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 Argentina Lithium position
In addition to having Argentina Lithium 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 Argentina Stock Analysis
When running Argentina Lithium's price analysis, check to measure Argentina Lithium'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 Argentina Lithium is operating at the current time. Most of Argentina Lithium's value examination focuses on studying past and present price action to predict the probability of Argentina Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argentina Lithium's price. Additionally, you may evaluate how the addition of Argentina Lithium to your portfolios can decrease your overall portfolio volatility.