Strikepoint Gold Current Valuation vs. Cash And Equivalents

SKP Stock  CAD 0.17  0.01  6.25%   
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. 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.
  
Check out World Market Map.
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 Cash And Equivalents vs. Current Valuation 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 fourth in current valuation category among its peers. It is currently regarded as top stock in cash and equivalents category among its peers creating about  1.50  of Cash And Equivalents per Current Valuation. 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 Current Valuation vs. Competition

Strikepoint Gold is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 104.52 Million. Strikepoint Gold holds roughly 6.9 Million in current valuation claiming about 7% of all equities under Materials industry.

Strikepoint Cash And Equivalents vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Strikepoint Gold

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
6.9 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.

Strikepoint Gold

Cash

 = 

Bank Deposits

+

Liquidities

 = 
10.34 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).

Strikepoint Cash And Equivalents Comparison

Strikepoint Gold is currently under evaluation in cash and equivalents 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.

Learn to be your own money manager

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.

Did you try this?

Run Options Analysis Now

   

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

Use Investing Themes to Complement your Strikepoint Gold position

In addition to having Strikepoint 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 EUR Crypto Assets Thematic Idea Now

EUR Crypto Assets
EUR Crypto Assets Theme
An experimental p2p digital currency that is accepted by many vendors in Euro. The EUR Crypto Assets theme has 0 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 EUR Crypto Assets Theme or any other thematic opportunities.
View All  Next Launch

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.