Altima Resources Financials

ARH Stock  CAD 0.16  0.02  14.29%   
We suggest to use Altima Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Altima Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-eight available fundamental indicators for Altima Resources, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Altima Resources to be traded at C$0.2 in 90 days. Key indicators impacting Altima Resources' financial strength include:
Operating Margin
(0.06)
Profit Margin
(0.47)
Short Ratio
0.26
  
Understanding current and past Altima Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altima Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Altima Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Altima Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Altima Resources. Check Altima Resources' Beneish M Score to see the likelihood of Altima Resources' management manipulating its earnings.

Altima Resources Stock Summary

Altima Resources competes with Doman Building, NextSource Materials, Salesforce, Arbor Metals, and Data Communications. Altima Resources Ltd., a junior energy company, engages in the acquisition, exploration, and development of petroleum and natural gas properties. Altima Resources Ltd was incorporated in 2003 and is headquartered in Vancouver, Canada. ALTIMA RESOURCES operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange.
Foreign Associate
  Australia
Specialization
Energy, Oil & Gas E&P
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA02148X2059
Business AddressBox 4, Vancouver,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.altimaresources.ca
Phone604 336 8610
CurrencyCAD - Canadian Dollar
You should never invest in Altima Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Altima Stock, because this is throwing your money away. Analyzing the key information contained in Altima Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Altima Resources Key Financial Ratios

There are many critical financial ratios that Altima Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Altima Resources reports annually and quarterly.

Altima Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.4M5.6M5.1M6.4M5.8M7.6M
Other Liab218.4K2.1M2.4M2.9M3.3M3.5M
Net Tangible Assets(3.5M)(3.7M)(5.1M)(8.0M)(7.2M)(6.8M)
Retained Earnings(34.7M)(36.1M)(39.7M)(41.8M)(37.6M)(39.5M)
Accounts Payable4.6M5.5M5.6M6.6M7.6M3.9M
Cash69.9K139.2K69.8K242.4K218.2K132.4K
Net Receivables25.9K474.8K241.3K643.8K579.4K483.7K
Total Liab10.1M14.1M13.1M16.3M18.7M10.8M
Short Long Term Debt913.5K2.1M2.0M2.0M1.8M2.5M
Total Current Assets880.6K1.2M582.9K1.1M966.2K756.4K
Other Current Liab648.8K42.5K1.7M(1.0)(0.9)(0.85)
Net Debt1.5M1.9M2.0M1.8M2.1M1.6M
Net Invested Capital(2.2M)(6.4M)(5.9M)(7.8M)(7.0M)(7.3M)
Net Working Capital(6.5M)(8.9M)(9.6M)(10.9M)(9.9M)(10.3M)

Altima Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense71.2K130.2K230.5K75.0K86.3K56.0K
Total Revenue93.7K596.8K1.5M2.9M3.4M3.5M
Gross Profit(55.9K)(570.9K)(682.9K)(534.8K)(481.3K)(457.2K)
Operating Income(510.1K)(1.7M)(381.1K)(2.0M)(2.3M)(2.4M)
Ebit(835.4K)(860.6K)(1.2M)(1.4M)(1.7M)(1.7M)
Cost Of Revenue149.5K1.2M2.2M3.5M4.0M4.2M
Income Before Tax(1.1M)(267.3K)(271.3K)(2.0M)(2.4M)(2.5M)
Net Income(1.1M)(267.3K)(271.3K)(2.0M)(2.4M)(2.5M)
Net Interest Income(71.2K)(130.2K)(230.5K)(75.0K)(86.3K)(90.6K)
Ebitda1.2M(945.7K)19.3K198.5K178.7K169.7K

Altima Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash51.2K(31.5K)(69.4K)172.7K198.6K208.5K
Net Borrowings35K139.4K179.0K132.2K152.0K159.6K
Depreciation405.9K(55.8K)556.3K569.0K512.1K486.5K
Net Income(267.3K)(3.8M)(271.3K)(2.0M)(2.4M)(2.5M)
Change To Netincome142.5K(664.1K)74.7K(1.5M)(1.3M)(1.3M)
Investments0.0(190K)(1.9K)616.7K555.0K295.4K
End Period Cash Flow69.9K139.2K69.8K242.4K278.8K292.8K
Free Cash Flow172.3K(95.6K)(954.9K)(701.6K)(631.4K)(599.8K)
Other Non Cash Items892.0(487.3K)(1.3M)141.3K127.1K133.5K

Altima Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Altima Resources's current stock value. Our valuation model uses many indicators to compare Altima Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altima Resources competition to find correlations between indicators driving Altima Resources's intrinsic value. More Info.
Altima Resources is number one stock in return on asset category among its peers. It also is number one stock in profit margin 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 Altima Resources' earnings, one of the primary drivers of an investment's value.

Altima Resources Systematic Risk

Altima Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altima Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Altima Resources correlated with the market. If Beta is less than 0 Altima Resources generally moves in the opposite direction as compared to the market. If Altima Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altima Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altima Resources is generally in the same direction as the market. If Beta > 1 Altima Resources moves generally in the same direction as, but more than the movement of the benchmark.

Altima Resources Total Assets Over Time

Altima Resources December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Altima Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altima Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altima Resources based on widely used predictive technical indicators. In general, we focus on analyzing Altima Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altima Resources's daily price indicators and compare them against related drivers.

Additional Tools for Altima Stock Analysis

When running Altima Resources' price analysis, check to measure Altima Resources' 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 Altima Resources is operating at the current time. Most of Altima Resources' value examination focuses on studying past and present price action to predict the probability of Altima Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altima Resources' price. Additionally, you may evaluate how the addition of Altima Resources to your portfolios can decrease your overall portfolio volatility.