Decade Resources Financials

DEC Stock  CAD 0.04  0.01  33.33%   
We urge to utilize Decade Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Decade 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-five available fundamental indicators for Decade Resources, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Decade Resources to be traded at C$0.05 in 90 days. Key indicators impacting Decade Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.0E-42.0E-4
Fairly Down
Slightly volatile
Current Ratio1.411.4862
Notably Down
Slightly volatile
  
Understanding current and past Decade Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Decade Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Decade Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Decade Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Decade Resources. Check Decade Resources' Beneish M Score to see the likelihood of Decade Resources' management manipulating its earnings.

Decade Resources Stock Summary

Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 2006 and is headquartered in Stewart, Canada. DECADE RESOURCES is traded on Commodity Exchange in Exotistan.
Foreign Associate
  USA
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA2427792056
Business Address611 - 8th
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitedecaderesources.ca
Phone250 636 2264
CurrencyCAD - Canadian Dollar
You should never invest in Decade Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Decade Stock, because this is throwing your money away. Analyzing the key information contained in Decade Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Decade Resources Key Financial Ratios

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

Decade Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.0M12.9M14.2M14.6M17.3M11.0M
Net Debt(147.8K)(275.0K)2.5K(245.9K)(282.8K)(296.9K)
Retained Earnings(15.6M)(17.0M)(17.5M)(18.6M)(20.6M)(19.6M)
Accounts Payable591.2K402.7K450.2K488.8K652.4K428.2K
Cash147.8K275.0K0.0245.9K795.9K835.7K
Total Liab1.1M988.8K1.1M956.6K1.7M1.5M
Total Current Assets179.6K360.1K58.6K339.1K969.6K1.0M
Net Receivables23.9K77.2K52.1K86.7K55.3K52.6K
Other Current Assets500.0934.3K7.9K6.5K7.5K7.1K
Common Stock23.4M26.5M28.2M29.5M33.9M23.2M
Other Liab325.4K582.2K646.4K467.9K421.1K702.5K
Net Tangible Assets9.9M11.9M13.1M13.6M15.7M11.7M
Other Assets121.2K188.2K118.2K268.3K308.5K324.0K
Net Invested Capital9.9M11.9M13.1M13.6M15.6M13.0M
Net Working Capital(631.1K)(46.6K)(394.1K)(149.6K)317.2K333.1K
Capital Stock23.4M26.5M28.2M29.5M32.2M29.9M

Decade Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(584.4K)(808.1K)(415.1K)(649.0K)(1.3M)(1.2M)
Ebitda(582.0K)(806.7K)(414.0K)(648.1K)(583.3K)(612.5K)
Income Before Tax(1.4M)(1.2M)(415.8K)(1.3M)(1.4M)(1.5M)
Net Income(1.1M)(1.4M)(480.0K)(1.1M)(2.0M)(1.9M)
Income Tax Expense(330.4K)256.7K64.2K(178.5K)(160.7K)(152.6K)
Ebit(584.4K)(808.1K)(415.1K)(649.0K)(584.1K)(613.3K)
Interest Expense806.0331.0651.0392.0687.0652.65
Gross Profit(2.4K)(1.4K)(1.1K)(884.0)(704.0)(739.2)
Cost Of Revenue2.4K1.4K1.1K884.0704.0668.8
Tax Provision(330.4K)256.7K64.2K(178.5K)582.0K611.1K
Net Interest Income(806.0)(331.0)(651.0)(392.0)(687.0)(721.35)

Decade Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash72.2K127.2K(277.5K)248.4K550.0K577.5K
Free Cash Flow(809.1K)(2.6M)(2.1M)(1.1M)(3.4M)(3.2M)
Capital Expenditures254.9K1.9M1.6M475.6K2.5M1.5M
Net Income(1.1M)(1.4M)(480.0K)(1.1M)(2.0M)(1.9M)
End Period Cash Flow147.8K275.0K(2.5K)245.9K795.9K835.7K
Other Non Cash Items841.5K351.2K(190.4K)577.4K(241.1K)(229.1K)
Depreciation2.4K1.4K1.1K884.0704.0668.8
Change To Netincome(329.6K)474.2K(126.1K)(100.2K)(115.2K)(120.9K)
Investments406.4K(1.9M)(1.6M)(625.7K)(2.5M)(2.4M)

Decade Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Decade Resources's current stock value. Our valuation model uses many indicators to compare Decade Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Decade Resources competition to find correlations between indicators driving Decade Resources's intrinsic value. More Info.
Decade Resources is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers . At this time, Decade Resources' Return On Equity 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 Decade Resources' earnings, one of the primary drivers of an investment's value.

Decade Resources Systematic Risk

Decade Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Decade 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 output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Decade Resources correlated with the market. If Beta is less than 0 Decade Resources generally moves in the opposite direction as compared to the market. If Decade Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Decade Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Decade Resources is generally in the same direction as the market. If Beta > 1 Decade Resources moves generally in the same direction as, but more than the movement of the benchmark.

Decade Resources Total Assets Over Time

Today, most investors in Decade Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Decade Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Decade Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0869)

At this time, Decade Resources' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Decade Resources December 12, 2024 Opportunity Range

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

Additional Tools for Decade Stock Analysis

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