Sokoman Minerals Net Income vs. Cash And Equivalents
| SICNF Stock | USD 0.03 0 6.77% |
For Sokoman Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sokoman Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sokoman Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sokoman Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sokoman Minerals Corp over time as well as its relative position and ranking within its peers.
Sokoman |
Sokoman Minerals Corp Cash And Equivalents vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sokoman Minerals's current stock value. Our valuation model uses many indicators to compare Sokoman Minerals value to that of its competitors to determine the firm's financial worth. Sokoman Minerals Corp is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in cash and equivalents category among its peers . 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 Sokoman Minerals' earnings, one of the primary drivers of an investment's value.Sokoman Cash And Equivalents 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.
Sokoman Minerals |
| = | (12.26 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Sokoman Minerals |
| = | 13.51 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Sokoman Cash And Equivalents Comparison
Sokoman Minerals is currently under evaluation in cash and equivalents category among its peers.
Sokoman Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sokoman Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sokoman Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Sokoman Minerals' change in net profit over the period of time. It can combine multiple indicators of Sokoman 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.
Sokoman Minerals Corp., an exploration-stage company, focuses on exploring mineral properties in Canada. The company was formerly known as Sokoman Iron Corp. and changed its name to Sokoman Minerals Corp. in February 2019. SOKOMAN MINERALS is traded on OTC Exchange in the United States.
Sokoman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sokoman 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 Sokoman 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 Sokoman Minerals' important profitability drivers and their relationship over time.
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Other Information on Investing in Sokoman OTC Stock
To fully project Sokoman Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sokoman Minerals 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 Sokoman Minerals' income statement, its balance sheet, and the statement of cash flows.