O3 Mining Inc EBITDA vs. Short Ratio
| OIII Stock | CAD 1.67 0.00 0.00% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -6.7 M | Current Value -6.3 M | Quarterly Volatility 3.5 M |
For O3 Mining Inc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of O3 Mining Inc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well O3 Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between O3 Mining Inc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of O3 Mining over time as well as its relative position and ranking within its peers.
OIII |
O3 Mining Inc Short Ratio vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining O3 Mining Inc's current stock value. Our valuation model uses many indicators to compare O3 Mining Inc value to that of its competitors to determine the firm's financial worth. O3 Mining is regarded second in ebitda category among its peers. It is considered to be number one stock in short ratio category among its peers . O3 Mining Inc reported EBITDA of (6.66 Million) in 2024. 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 O3 Mining Inc's earnings, one of the primary drivers of an investment's value.OIII Short Ratio vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
O3 Mining Inc |
| = | (7.39 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
O3 Mining Inc |
| = | 0.99 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
OIII Short Ratio Comparison
O3 Mining is currently under evaluation in short ratio category among its peers.
O3 Mining Inc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in O3 Mining Inc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, O3 Mining Inc will eventually generate negative long term returns. The profitability progress is the general direction of O3 Mining Inc's change in net profit over the period of time. It can combine multiple indicators of O3 Mining Inc, 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 | 3.4 M | 2.8 M | |
| Operating Income | -6.8 M | -6.4 M | |
| Income Before Tax | -31.3 M | -29.8 M | |
| Total Other Income Expense Net | -24.6 M | -23.4 M | |
| Net Loss | -30.7 M | -29.2 M | |
| Income Tax Expense | -860.2 K | -817.2 K | |
| Net Loss | -30.7 M | -29.2 M | |
| Net Loss | -8.1 M | -7.7 M | |
| Net Interest Income | -315 K | -299.2 K | |
| Interest Income | 793.5 K | 436.5 K | |
| Change To Netincome | -6.7 M | -7.1 M | |
| Net Loss | (0.41) | (0.43) | |
| Income Quality | 0.07 | 0.07 | |
| Net Income Per E B T | 0.88 | 1.02 |
OIII Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on O3 Mining Inc. 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 O3 Mining Inc 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 O3 Mining Inc's important profitability drivers and their relationship over time.
Use O3 Mining Inc 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 O3 Mining Inc 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 O3 Mining Inc will appreciate offsetting losses from the drop in the long position's value.O3 Mining Inc Pair Trading
O3 Mining Pair Trading Analysis
The ability to find closely correlated positions to O3 Mining Inc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace O3 Mining Inc 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 O3 Mining Inc - 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 O3 Mining to buy it.
The correlation of O3 Mining Inc 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 O3 Mining Inc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if O3 Mining Inc 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 O3 Mining Inc 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 O3 Mining Inc position
In addition to having O3 Mining Inc 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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Financials ETFs
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Additional Tools for OIII Stock Analysis
When running O3 Mining Inc's price analysis, check to measure O3 Mining Inc'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 O3 Mining Inc is operating at the current time. Most of O3 Mining Inc's value examination focuses on studying past and present price action to predict the probability of O3 Mining Inc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O3 Mining Inc's price. Additionally, you may evaluate how the addition of O3 Mining Inc to your portfolios can decrease your overall portfolio volatility.