Nortec Minerals Current Valuation vs. Total Debt
| NVT Stock | CAD 0.02 0.00 0.00% |
For Nortec Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nortec Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nortec Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nortec Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nortec Minerals Corp over time as well as its relative position and ranking within its peers.
Nortec |
Nortec Minerals Corp Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nortec Minerals's current stock value. Our valuation model uses many indicators to compare Nortec Minerals value to that of its competitors to determine the firm's financial worth. Nortec Minerals Corp is regarded fifth in current valuation category among its peers. It is regarded third in total debt category among its peers making up about 0.18 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Nortec Minerals Corp is roughly 5.50 . 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 Nortec Minerals' earnings, one of the primary drivers of an investment's value.Nortec Current Valuation vs. Competition
Nortec Minerals Corp is regarded fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 101.26 Million. Nortec Minerals maintains roughly 797,077 in current valuation contributing less than 1% to all equities under Materials industry.
Nortec Total Debt vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nortec Minerals |
| = | 797.08 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Nortec Minerals |
| = | 145 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.
Nortec Total Debt vs Competition
Nortec Minerals Corp is regarded third in total debt category among its peers. Total debt of Materials industry is now estimated at about 4.09 Million. Nortec Minerals holds roughly 145,000 in total debt claiming about 4% of all equities under Materials industry.
Nortec Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nortec Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nortec Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Nortec Minerals' change in net profit over the period of time. It can combine multiple indicators of Nortec Minerals, 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 | -562.5 K | -590.6 K | |
| Net Loss | -327.4 K | -343.8 K | |
| Income Before Tax | -327.4 K | -343.8 K | |
| Total Other Income Expense Net | 235 K | 246.8 K | |
| Net Income Applicable To Common Shares | 160 K | 168 K | |
| Net Loss | -327.4 K | -343.8 K | |
| Net Interest Income | (1.15) | (1.21) | |
| Change To Netincome | -56.4 K | -53.6 K |
Nortec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nortec Minerals. 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 Nortec Minerals 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 Nortec Minerals' important profitability drivers and their relationship over time.
Use Nortec Minerals 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 Nortec Minerals 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 Nortec Minerals will appreciate offsetting losses from the drop in the long position's value.Nortec Minerals Pair Trading
Nortec Minerals Corp Pair Trading Analysis
The ability to find closely correlated positions to Nortec Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nortec Minerals 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 Nortec Minerals - 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 Nortec Minerals Corp to buy it.
The correlation of Nortec Minerals 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 Nortec Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nortec Minerals 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 Nortec Minerals 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 Nortec Minerals position
In addition to having Nortec Minerals 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 Nortec Stock Analysis
When running Nortec Minerals' price analysis, check to measure Nortec Minerals' 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 Nortec Minerals is operating at the current time. Most of Nortec Minerals' value examination focuses on studying past and present price action to predict the probability of Nortec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortec Minerals' price. Additionally, you may evaluate how the addition of Nortec Minerals to your portfolios can decrease your overall portfolio volatility.