Excelsior Mining Gross Profit vs. Shares Outstanding
| MIN Stock | CAD 0.18 0.03 14.29% |
Gross Profit | First Reported 2012-03-31 | Previous Quarter -602 K | Current Value -28 K | Quarterly Volatility 757.4 K |
For Excelsior Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Excelsior Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Excelsior Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Excelsior Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Excelsior Mining Corp over time as well as its relative position and ranking within its peers.
Excelsior |
Excelsior Mining Corp Shares Outstanding vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Excelsior Mining's current stock value. Our valuation model uses many indicators to compare Excelsior Mining value to that of its competitors to determine the firm's financial worth. Excelsior Mining Corp is regarded third in gross profit category among its peers. It is regarded second in shares outstanding category among its peers . Excelsior Mining reported last year Gross Profit of (5.63 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Excelsior Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Excelsior Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Excelsior Shares Outstanding vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Excelsior Mining |
| = | (1.09 M) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Excelsior Mining |
| = | 315.42 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.
Excelsior Shares Outstanding Comparison
Excelsior Mining is currently under evaluation in shares outstanding category among its peers.
Excelsior Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Excelsior Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Excelsior Mining will eventually generate negative long term returns. The profitability progress is the general direction of Excelsior Mining's change in net profit over the period of time. It can combine multiple indicators of Excelsior Mining, 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 | 13.4 M | 7 M | |
| Operating Income | -10 M | -9.5 M | |
| Net Loss | -29 M | -27.5 M | |
| Income Tax Expense | 4 M | 4.2 M | |
| Income Before Tax | -29 M | -27.5 M | |
| Total Other Income Expense Net | -19 M | -18 M | |
| Net Loss | -29 M | -27.5 M | |
| Net Income Applicable To Common Shares | 31.4 M | 33 M | |
| Interest Income | 113 K | 107.3 K | |
| Net Interest Income | -3.4 M | -3.2 M | |
| Change To Netincome | 64.4 M | 67.6 M | |
| Net Loss | (0.10) | (0.11) | |
| Income Quality | 0.36 | 0.34 | |
| Net Income Per E B T | 0.88 | 0.63 |
Excelsior Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Excelsior Mining. 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 Excelsior Mining 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 Excelsior Mining's important profitability drivers and their relationship over time.
Use Excelsior Mining 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 Excelsior Mining 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 Excelsior Mining will appreciate offsetting losses from the drop in the long position's value.Excelsior Mining Pair Trading
Excelsior Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Excelsior Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excelsior Mining 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 Excelsior Mining - 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 Excelsior Mining Corp to buy it.
The correlation of Excelsior Mining 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 Excelsior Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelsior Mining Corp 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 Excelsior Mining 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 Excelsior Mining position
In addition to having Excelsior Mining 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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Other Information on Investing in Excelsior Stock
To fully project Excelsior Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Excelsior Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Excelsior Mining's income statement, its balance sheet, and the statement of cash flows.