Palamina Corp Net Income vs. Shares Outstanding

PA Stock  CAD 0.11  0.01  8.33%   
Considering Palamina Corp's profitability and operating efficiency indicators, Palamina Corp's profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess Palamina Corp's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2014-03-31
Previous Quarter
-329.7 K
Current Value
-811.2 K
Quarterly Volatility
312.1 K
 
Yuan Drop
 
Covid
At this time, Palamina Corp's Graham Net Net is fairly stable compared to the past year. Average Receivables is likely to climb to about 13.5 K in 2024, whereas Book Value Per Share is likely to drop 0.03 in 2024.
For Palamina Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Palamina Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Palamina Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Palamina Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Palamina Corp over time as well as its relative position and ranking within its peers.
  
Check out Your Equity Center.
Please note, there is a significant difference between Palamina Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palamina Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palamina Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Palamina Corp Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Palamina Corp's current stock value. Our valuation model uses many indicators to compare Palamina Corp value to that of its competitors to determine the firm's financial worth.
Palamina Corp is considered to be number one stock in net income category among its peers. It is rated below average in shares outstanding category among its peers creating about  31.52  of Shares Outstanding per Net Income. At this time, Palamina Corp's Net Income 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 Palamina Corp's earnings, one of the primary drivers of an investment's value.

Palamina Shares Outstanding vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Palamina Corp

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
2.27 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.

Palamina Corp

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
71.63 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.

Palamina Shares Outstanding Comparison

Palamina Corp is currently under evaluation in shares outstanding category among its peers.

Palamina Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Palamina Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Palamina Corp will eventually generate negative long term returns. The profitability progress is the general direction of Palamina Corp's change in net profit over the period of time. It can combine multiple indicators of Palamina Corp, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.1 M1.1 M
Operating Income-1.6 K-1.6 K
Net Income From Continuing Ops2.3 M2.4 M
Income Before Tax2.3 K2.4 K
Total Other Income Expense Net3.8 KK
Net Loss-2.2 M-2.3 M
Net Income2.3 M2.4 M
Income Tax Expense-167.9 K-176.3 K
Net Interest Income-1.5 K-1.5 K
Interest Income1.3 K1.2 K
Change To Netincome343.9 K234.3 K
Income Quality(0.56)(0.53)

Palamina Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Palamina Corp. 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 Palamina Corp 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 Palamina Corp's important profitability drivers and their relationship over time.

Use Palamina Corp 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 Palamina Corp 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 Palamina Corp will appreciate offsetting losses from the drop in the long position's value.

Palamina Corp Pair Trading

Palamina Corp Pair Trading Analysis

The ability to find closely correlated positions to Palamina Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palamina Corp 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 Palamina Corp - 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 Palamina Corp to buy it.
The correlation of Palamina Corp 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 Palamina Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palamina 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 Palamina Corp 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Palamina Corp position

In addition to having Palamina Corp 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?

Run Israel Wall Street Thematic Idea Now

Israel Wall Street
Israel Wall Street Theme
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 71 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Israel Wall Street Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Palamina Stock Analysis

When running Palamina Corp's price analysis, check to measure Palamina Corp'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 Palamina Corp is operating at the current time. Most of Palamina Corp's value examination focuses on studying past and present price action to predict the probability of Palamina Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palamina Corp's price. Additionally, you may evaluate how the addition of Palamina Corp to your portfolios can decrease your overall portfolio volatility.