Excelsior Mining Revenue vs. Return On Asset
| MIN Stock | CAD 0.18 0.03 14.29% |
Total Revenue | First Reported 2016-12-31 | Previous Quarter 339 K | Current Value 613 K | Quarterly Volatility 561.3 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 Return On Asset vs. Revenue 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 fourth in revenue category among its peers. It is regarded second in return on asset category among its peers . At this time, Excelsior Mining's Total Revenue is very stable compared to the past year. 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 Revenue vs. Competition
Excelsior Mining Corp is regarded fourth in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 854.7 Million. Excelsior Mining adds roughly 2.92 Million in revenue claiming only tiny portion of all equities under Materials industry.
Excelsior Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Excelsior Mining |
| = | 2.92 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Excelsior Mining |
| = | -0.0328 |
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.
Excelsior Return On Asset Comparison
Excelsior Mining is currently under evaluation in return on asset 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.