Plato Gold Debt To Equity vs. Net Income
| PGC Stock | CAD 0.03 0.01 25.00% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.2487941 | Current Value 0.17 | Quarterly Volatility 0.4769835 |
For Plato Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plato Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plato Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plato Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plato Gold Corp over time as well as its relative position and ranking within its peers.
Plato |
Plato Gold Corp Net Income vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Plato Gold's current stock value. Our valuation model uses many indicators to compare Plato Gold value to that of its competitors to determine the firm's financial worth. Plato Gold Corp is regarded second in debt to equity category among its peers. It is regarded third in net income category among its peers . At this time, Plato Gold's Debt To Equity 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 Plato Gold's earnings, one of the primary drivers of an investment's value.Plato Net Income vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Plato Gold |
| = | 5.78 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
Plato Gold |
| = | (346.86 K) |
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.
Plato Net Income Comparison
Plato Gold is currently under evaluation in net income category among its peers.
Plato Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Plato Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Plato Gold will eventually generate negative long term returns. The profitability progress is the general direction of Plato Gold's change in net profit over the period of time. It can combine multiple indicators of Plato Gold, 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 | 63.6 K | 60.4 K | |
| Operating Income | -178.7 K | -187.6 K | |
| Net Loss | -346.9 K | -364.2 K | |
| Income Tax Expense | 3.7 K | 3.9 K | |
| Income Before Tax | -343.7 K | -360.9 K | |
| Total Other Income Expense Net | -165 K | -173.2 K | |
| Net Loss | -347.4 K | -364.8 K | |
| Net Loss | -274.4 K | -288.2 K | |
| Net Interest Income | -9 K | -9.4 K | |
| Interest Income | 5.5 K | 3.6 K | |
| Change To Netincome | -44.6 K | -42.4 K | |
| Income Quality | 0.16 | 0.15 | |
| Net Income Per E B T | 1.01 | 0.74 |
Plato Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Plato Gold. 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 Plato Gold 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 Plato Gold's important profitability drivers and their relationship over time.
Use Plato Gold 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 Plato Gold 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 Plato Gold will appreciate offsetting losses from the drop in the long position's value.Plato Gold Pair Trading
Plato Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Plato Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plato Gold 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 Plato Gold - 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 Plato Gold Corp to buy it.
The correlation of Plato Gold 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 Plato Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plato Gold 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 Plato Gold 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 Plato Gold position
In addition to having Plato Gold 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Plato Stock Analysis
When running Plato Gold's price analysis, check to measure Plato Gold'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 Plato Gold is operating at the current time. Most of Plato Gold's value examination focuses on studying past and present price action to predict the probability of Plato Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plato Gold's price. Additionally, you may evaluate how the addition of Plato Gold to your portfolios can decrease your overall portfolio volatility.