Strikepoint Gold Current Ratio vs. Price To Book

SKP Stock  CAD 0.18  0.01  5.88%   
Based on the measurements of profitability obtained from Strikepoint Gold's financial statements, Strikepoint Gold may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Strikepoint Gold's ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
7.1831252
Current Value
6.66
Quarterly Volatility
7.67329396
 
Credit Downgrade
 
Yuan Drop
 
Covid
Sales General And Administrative To Revenue is likely to climb to 165.62 in 2024, whereas Price To Sales Ratio is likely to drop slightly above 12.2 K in 2024. At this time, Strikepoint Gold's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to climb to about 80.2 K in 2024, whereas Operating Income is likely to drop (3.6 M) in 2024.
For Strikepoint Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Strikepoint Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Strikepoint Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Strikepoint Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Strikepoint Gold over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Strikepoint Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strikepoint Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strikepoint Gold'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.

Strikepoint Gold Price To Book vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Strikepoint Gold's current stock value. Our valuation model uses many indicators to compare Strikepoint Gold value to that of its competitors to determine the firm's financial worth.
Strikepoint Gold is rated third in current ratio category among its peers. It is currently regarded as top stock in price to book category among its peers fabricating about  36.25  of Price To Book per Current Ratio. At this time, Strikepoint Gold's Current Ratio 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 Strikepoint Gold's earnings, one of the primary drivers of an investment's value.

Strikepoint Price To Book vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Strikepoint Gold

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
6.44 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Strikepoint Gold

P/B

 = 

MV Per Share

BV Per Share

 = 
233.46 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Strikepoint Price To Book Comparison

Strikepoint Gold is currently under evaluation in price to book category among its peers.

Strikepoint Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Strikepoint Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Strikepoint Gold will eventually generate negative long term returns. The profitability progress is the general direction of Strikepoint Gold's change in net profit over the period of time. It can combine multiple indicators of Strikepoint 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income10.7 M5.5 M
Operating Income-3.5 M-3.6 M
Income Before Tax-3.5 M-3.3 M
Total Other Income Expense Net-29.2 K-27.7 K
Net Loss-3.5 M-3.3 M
Income Tax Expense-3.3 K-3.5 K
Net Loss-3.5 M-3.7 M
Net Loss-1 M-1.1 M
Net Interest Income76.4 K80.2 K
Interest Income76.4 K80.2 K
Change To Netincome1.2 M1.4 M
Net Loss(0.02)(0.02)
Income Quality 0.81  0.77 
Net Income Per E B T 0.84  0.96 

Strikepoint Profitability Driver Comparison

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

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Our tools can tell you how much better you can do entering a position in Strikepoint Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Financials ETFs
Financials ETFs Theme
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Additional Tools for Strikepoint Stock Analysis

When running Strikepoint Gold's price analysis, check to measure Strikepoint 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 Strikepoint Gold is operating at the current time. Most of Strikepoint Gold's value examination focuses on studying past and present price action to predict the probability of Strikepoint 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 Strikepoint Gold's price. Additionally, you may evaluate how the addition of Strikepoint Gold to your portfolios can decrease your overall portfolio volatility.