Solitario Exploration Net Income vs. EBITDA

XPL Stock  USD 0.67  0.01  1.47%   
Considering Solitario Exploration's profitability and operating efficiency indicators, Solitario Exploration Royalty 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 Solitario Exploration's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
1997-03-31
Previous Quarter
-762 K
Current Value
-2.3 M
Quarterly Volatility
1.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
The value of Price To Sales Ratio is estimated to slide to 46.72. The value of Days Sales Outstanding is estimated to slide to 204.99. At this time, Solitario Exploration's Total Other Income Expense Net is quite stable compared to the past year. Income Tax Expense is expected to rise to about 3.9 M this year, although the value of Income Before Tax is projected to rise to (3.6 M).
For Solitario Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solitario Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solitario Exploration Royalty utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solitario Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solitario Exploration Royalty over time as well as its relative position and ranking within its peers.
  
Check out Your Current Watchlist.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solitario Exploration. If investors know Solitario will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solitario Exploration listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
(0.01)
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.15)
Return On Equity
(0.21)
The market value of Solitario Exploration is measured differently than its book value, which is the value of Solitario that is recorded on the company's balance sheet. Investors also form their own opinion of Solitario Exploration's value that differs from its market value or its book value, called intrinsic value, which is Solitario Exploration's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solitario Exploration's market value can be influenced by many factors that don't directly affect Solitario Exploration's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solitario Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration'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.

Solitario Exploration EBITDA vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Solitario Exploration's current stock value. Our valuation model uses many indicators to compare Solitario Exploration value to that of its competitors to determine the firm's financial worth.
Solitario Exploration Royalty is rated second in net income category among its peers. It is rated second in ebitda category among its peers . The company's current value of Net Loss is estimated at (3.57 Million). Comparative valuation analysis is a catch-all technique that is used if you cannot value Solitario Exploration by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Solitario EBITDA 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.

Solitario Exploration

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(3.75 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.
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.

Solitario Exploration

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(4.09 M)
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.

Solitario EBITDA Comparison

Solitario Exploration is currently under evaluation in ebitda category among its peers.

Solitario Exploration Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Solitario Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solitario Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Solitario Exploration's change in net profit over the period of time. It can combine multiple indicators of Solitario Exploration, 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
Operating Income-4.1 M-4.3 M
Income Before Tax-3.8 M-3.6 M
Total Other Income Expense Net336 K592.8 K
Net Loss-3.8 M-3.6 M
Income Tax Expense3.8 M3.9 M
Net Loss-3.5 M-3.4 M
Net Loss-3.4 M-3.2 M
Non Operating Income Net Other-230.4 K-218.9 K
Interest Income122 K115.9 K
Net Interest Income122 K153.2 K
Change To Netincome-108.1 K-102.7 K
Net Loss(0.05)(0.06)
Income Quality 0.87  0.94 
Net Income Per E B T 1.34  0.92 

Solitario Profitability Driver Comparison

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

Use Solitario Exploration 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 Solitario Exploration 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 Solitario Exploration will appreciate offsetting losses from the drop in the long position's value.

Solitario Exploration Pair Trading

Solitario Exploration Royalty Pair Trading Analysis

The ability to find closely correlated positions to Solitario Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solitario Exploration 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 Solitario Exploration - 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 Solitario Exploration Royalty to buy it.
The correlation of Solitario Exploration 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 Solitario Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solitario Exploration 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 Solitario Exploration 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Solitario Exploration position

In addition to having Solitario Exploration 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 Tech Growth Thematic Idea Now

Tech Growth
Tech Growth Theme
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Solitario Exploration is a strong investment it is important to analyze Solitario Exploration's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Solitario Exploration's future performance. For an informed investment choice regarding Solitario Stock, refer to the following important reports:
Check out Your Current Watchlist.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
To fully project Solitario Exploration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solitario Exploration 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 Solitario Exploration's income statement, its balance sheet, and the statement of cash flows.
Potential Solitario Exploration investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Solitario Exploration investors may work on each financial statement separately, they are all related. The changes in Solitario Exploration's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Solitario Exploration's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.