Cobalt Power Financials
PGP Stock | CAD 0.02 0.01 20.00% |
Short Ratio 0.03 | Return On Equity (8.44) |
Cobalt | Select Account or Indicator |
Understanding current and past Cobalt Power Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cobalt Power's financial statements are interrelated, with each one affecting the others. For example, an increase in Cobalt Power's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cobalt Power's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cobalt Power Group. Check Cobalt Power's Beneish M Score to see the likelihood of Cobalt Power's management manipulating its earnings.
Cobalt Power Stock Summary
Cobalt Power competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Power Group Projects Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. Power Group Projects Corp. was incorporated in 2009 and is headquartered in Toronto, Canada. POWER GROUP operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA73928T1021 |
Business Address | 999 West Hastings |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.powergroupproject.com |
Phone | 877 497 0528 |
Currency | CAD - Canadian Dollar |
You should never invest in Cobalt Power without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cobalt Stock, because this is throwing your money away. Analyzing the key information contained in Cobalt Power's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cobalt Power Key Financial Ratios
There are many critical financial ratios that Cobalt Power's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cobalt Power Group reports annually and quarterly.EBITDA | (130.93 K) | |||
Net Income | (184.14 K) | |||
Total Asset | 14.52 K | |||
Retained Earnings | (27.53 M) |
Cobalt Power Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 360.5K | 189.5K | 722.5K | 102.7K | 14.5K | 13.8K | |
Net Tangible Assets | 1.1M | 146.4K | 32.5K | 642.2K | 578.0K | 638.7K | |
Retained Earnings | (23.3M) | (23.4M) | (25.8M) | (27.3M) | (27.5M) | (28.9M) | |
Accounts Payable | 256.7K | 208.0K | 122.4K | 74.2K | 85.3K | 118.5K | |
Cash | 317.4K | 20.7K | 677.1K | 74.3K | 6.9K | 6.5K | |
Net Receivables | 31.0K | 5.6K | 38.2K | 23.4K | 7.7K | 7.3K | |
Total Liab | 214.2K | 157.0K | 80.2K | 71.7K | 164.3K | 142.2K | |
Total Current Assets | 348.4K | 180.2K | 715.3K | 97.7K | 14.5K | 13.8K | |
Other Current Liab | 21.4K | 100K | 34.6K | 6.0K | 7.0K | 6.6K | |
Net Invested Capital | 146.4K | 32.5K | 642.2K | 31.0K | (149.8K) | (142.3K) | |
Net Working Capital | 134.3K | 23.2K | 635.1K | 26.0K | (149.8K) | (142.3K) |
Cobalt Power Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 492.1K | 268.5K | 409.8K | 357.5K | 184.5K | 175.3K | |
Gross Profit | (3.8K) | (2.8K) | (2.1K) | (2.1K) | (372.0) | (390.6) | |
Operating Income | (1.1M) | (113.9K) | (2.4M) | (1.6M) | (199.7K) | (209.7K) | |
Net Income From Continuing Ops | (992.0K) | (113.9K) | (2.4M) | (1.6M) | (184.1K) | (193.3K) | |
Ebit | (7.7M) | (1.0M) | (95.9K) | (2.3M) | (2.1M) | (2.2M) | |
Cost Of Revenue | 3.8K | 2.8K | 2.1K | 2.1K | 372.0 | 353.4 | |
Total Operating Expenses | 1.1M | 113.9K | 2.4M | 1.6M | 199.7K | 189.7K | |
Income Before Tax | (992.0K) | (113.9K) | (2.4M) | (1.6M) | (184.1K) | (193.3K) | |
Total Other Income Expense Net | 21.9K | 99.9K | (70.0) | 15.6K | 17.9K | 18.8K | |
Net Income Applicable To Common Shares | (7.7M) | (992.0K) | (113.9K) | (2.4M) | (2.7M) | (2.9M) | |
Net Income | (992.0K) | (113.9K) | (2.4M) | (1.6M) | (184.1K) | (193.3K) | |
Ebitda | (1.1M) | (111.0K) | (2.4M) | (1.6M) | (1.8M) | (1.9M) | |
Reconciled Depreciation | 3.8K | 2.8K | 2.1K | 2.1K | 372.0 | 353.4 |
Cobalt Power Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (981.9K) | (296.7K) | 656.4K | (602.8K) | (67.5K) | (64.1K) | |
Depreciation | 3.8K | 2.8K | 2.1K | 2.1K | 372.0 | 353.4 | |
Net Income | (992.0K) | (113.9K) | (2.4M) | (1.6M) | (184.1K) | (193.3K) | |
End Period Cash Flow | 317.4K | 20.7K | 677.1K | 74.3K | 6.9K | 6.5K | |
Change To Netincome | 4.6M | 519.4K | (56.4K) | 1.8M | 1.6M | 1.6M | |
Investments | (619.4K) | (97.5K) | 154.0K | 0.0 | 5K | 5.3K | |
Free Cash Flow | (362.4K) | (199.2K) | (664.6K) | (602.8K) | (72.5K) | (76.1K) | |
Other Non Cash Items | 3.3M | (100K) | 1.7M | 945K | 1.1M | 1.2M |
Cobalt Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cobalt Power's current stock value. Our valuation model uses many indicators to compare Cobalt Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cobalt Power competition to find correlations between indicators driving Cobalt Power's intrinsic value. More Info.Cobalt Power Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset 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 Cobalt Power's earnings, one of the primary drivers of an investment's value.Cobalt Power Group Systematic Risk
Cobalt Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cobalt Power 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Cobalt Power Group correlated with the market. If Beta is less than 0 Cobalt Power generally moves in the opposite direction as compared to the market. If Cobalt Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cobalt Power Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cobalt Power is generally in the same direction as the market. If Beta > 1 Cobalt Power moves generally in the same direction as, but more than the movement of the benchmark.
Cobalt Power Group Total Assets Over Time
Cobalt Power November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cobalt Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cobalt Power Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cobalt Power Group based on widely used predictive technical indicators. In general, we focus on analyzing Cobalt Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cobalt Power's daily price indicators and compare them against related drivers.
Downside Deviation | 30.47 | |||
Information Ratio | 0.0386 | |||
Maximum Drawdown | 150.0 | |||
Value At Risk | (20.00) | |||
Potential Upside | 25.0 |
Additional Tools for Cobalt Stock Analysis
When running Cobalt Power's price analysis, check to measure Cobalt Power'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 Cobalt Power is operating at the current time. Most of Cobalt Power's value examination focuses on studying past and present price action to predict the probability of Cobalt Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cobalt Power's price. Additionally, you may evaluate how the addition of Cobalt Power to your portfolios can decrease your overall portfolio volatility.