Silver Range Total Debt vs. EBITDA
| SNG Stock | CAD 0.07 0.01 6.67% |
For Silver Range profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Silver Range to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Silver Range Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Silver Range's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Silver Range Resources over time as well as its relative position and ranking within its peers.
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Silver Range Resources EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Silver Range's current stock value. Our valuation model uses many indicators to compare Silver Range value to that of its competitors to determine the firm's financial worth. Silver Range Resources is rated below average in total debt category among its peers. It is currently regarded as top stock in ebitda category among its peers . At this time, Silver Range's EBITDA 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 Silver Range's earnings, one of the primary drivers of an investment's value.Silver Total Debt vs. Competition
Silver Range Resources is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 4.07 Million. Silver Range holds roughly 101,120 in total debt claiming about 2.49% of all equities under Materials industry.
Silver EBITDA vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Silver Range |
| = | 101.12 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Silver Range |
| = | (656.82 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Silver EBITDA Comparison
Silver Range is currently under evaluation in ebitda category among its peers.
Silver Range Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Silver Range, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Silver Range will eventually generate negative long term returns. The profitability progress is the general direction of Silver Range's change in net profit over the period of time. It can combine multiple indicators of Silver Range, 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 | 25 K | 19.4 K | |
| Operating Income | -541.1 K | -568.1 K | |
| Net Loss | -987.3 K | -1 M | |
| Income Before Tax | -987.3 K | -1 M | |
| Total Other Income Expense Net | -309.5 K | -294 K | |
| Net Loss | -1.4 M | -1.4 M | |
| Net Loss | -987.3 K | -1 M | |
| Income Tax Expense | 136.8 K | 143.6 K | |
| Net Interest Income | 8.7 K | 9.1 K | |
| Interest Income | 9.4 K | 4.8 K | |
| Change To Netincome | -675.7 K | -709.5 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.67 | 0.70 |
Silver Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Silver Range. 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 Silver Range 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 Silver Range's important profitability drivers and their relationship over time.
Use Silver Range 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 Silver Range 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 Silver Range will appreciate offsetting losses from the drop in the long position's value.Silver Range Pair Trading
Silver Range Resources Pair Trading Analysis
The ability to find closely correlated positions to Silver Range could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Range 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 Silver Range - 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 Silver Range Resources to buy it.
The correlation of Silver Range 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 Silver Range moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Range Resources 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 Silver Range 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 Silver Range position
In addition to having Silver Range 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?
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A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
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Additional Tools for Silver Stock Analysis
When running Silver Range's price analysis, check to measure Silver Range'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 Silver Range is operating at the current time. Most of Silver Range's value examination focuses on studying past and present price action to predict the probability of Silver Range's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Range's price. Additionally, you may evaluate how the addition of Silver Range to your portfolios can decrease your overall portfolio volatility.