Altima Resources Financials
ARH Stock | CAD 0.16 0.02 14.29% |
Operating Margin (0.06) | Profit Margin (0.47) | Short Ratio 0.26 |
Altima | Select Account or Indicator |
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 |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA02148X2059 |
Business Address | Box 4, Vancouver, |
Sector | Oil, Gas & Consumable Fuels |
Industry | Energy |
Benchmark | Dow Jones Industrial |
Website | www.altimaresources.ca |
Phone | 604 336 8610 |
Currency | CAD - 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.Revenue | 2.94 M | ||||
Gross Profit | (143.16 K) | ||||
EBITDA | (649.58 K) | ||||
Net Income | (2.04 M) | ||||
Total Asset | 6.45 M |
Altima Resources Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.4M | 5.6M | 5.1M | 6.4M | 5.8M | 7.6M | |
Other Liab | 218.4K | 2.1M | 2.4M | 2.9M | 3.3M | 3.5M | |
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 Payable | 4.6M | 5.5M | 5.6M | 6.6M | 7.6M | 3.9M | |
Cash | 69.9K | 139.2K | 69.8K | 242.4K | 218.2K | 132.4K | |
Net Receivables | 25.9K | 474.8K | 241.3K | 643.8K | 579.4K | 483.7K | |
Total Liab | 10.1M | 14.1M | 13.1M | 16.3M | 18.7M | 10.8M | |
Short Long Term Debt | 913.5K | 2.1M | 2.0M | 2.0M | 1.8M | 2.5M | |
Total Current Assets | 880.6K | 1.2M | 582.9K | 1.1M | 966.2K | 756.4K | |
Other Current Liab | 648.8K | 42.5K | 1.7M | (1.0) | (0.9) | (0.85) | |
Net Debt | 1.5M | 1.9M | 2.0M | 1.8M | 2.1M | 1.6M | |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 71.2K | 130.2K | 230.5K | 75.0K | 86.3K | 56.0K | |
Total Revenue | 93.7K | 596.8K | 1.5M | 2.9M | 3.4M | 3.5M | |
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 Revenue | 149.5K | 1.2M | 2.2M | 3.5M | 4.0M | 4.2M | |
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) | |
Ebitda | 1.2M | (945.7K) | 19.3K | 198.5K | 178.7K | 169.7K |
Altima Resources Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 51.2K | (31.5K) | (69.4K) | 172.7K | 198.6K | 208.5K | |
Net Borrowings | 35K | 139.4K | 179.0K | 132.2K | 152.0K | 159.6K | |
Depreciation | 405.9K | (55.8K) | 556.3K | 569.0K | 512.1K | 486.5K | |
Net Income | (267.3K) | (3.8M) | (271.3K) | (2.0M) | (2.4M) | (2.5M) | |
Change To Netincome | 142.5K | (664.1K) | 74.7K | (1.5M) | (1.3M) | (1.3M) | |
Investments | 0.0 | (190K) | (1.9K) | 616.7K | 555.0K | 295.4K | |
End Period Cash Flow | 69.9K | 139.2K | 69.8K | 242.4K | 278.8K | 292.8K | |
Free Cash Flow | 172.3K | (95.6K) | (954.9K) | (701.6K) | (631.4K) | (599.8K) | |
Other Non Cash Items | 892.0 | (487.3K) | (1.3M) | 141.3K | 127.1K | 133.5K |
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.
Downside Deviation | 13.07 | |||
Information Ratio | 0.0605 | |||
Maximum Drawdown | 67.86 | |||
Value At Risk | (17.65) | |||
Potential Upside | 20.0 |
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.