Tinka Resources Financials

TK Stock  CAD 0.1  0.01  5.00%   
We advise to exercise Tinka Resources fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Tinka Resources as well as the relationship between them. We were able to interpolate twenty-five available drivers for Tinka Resources Limited, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Tinka Resources to be traded at C$0.0903 in 90 days. Key indicators impacting Tinka Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio13.9110.39
Significantly Up
Slightly volatile
  
Understanding current and past Tinka Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tinka Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Tinka Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tinka Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tinka Resources Limited. Check Tinka Resources' Beneish M Score to see the likelihood of Tinka Resources' management manipulating its earnings.

Tinka Resources Stock Summary

Tinka Resources competes with Regulus Resources, Panoro Minerals, and Triumph Gold. Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of base and precious metals mineral properties in Peru. The company was incorporated in 1987 and is headquartered in Vancouver, Canada. TINKA RESOURCES 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
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA8875221001
Business Address1090 West Georgia
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.tinkaresources.com
Phone604 685 9316
CurrencyCAD - Canadian Dollar
You should never invest in Tinka Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tinka Stock, because this is throwing your money away. Analyzing the key information contained in Tinka Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Tinka Resources Key Financial Ratios

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

Tinka Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets69.3M67.1M77.9M76.5M87.9M92.3M
Net Debt(12.8M)(4.0M)(9.6M)(7.5M)(6.7M)(6.4M)
Retained Earnings(32.1M)(34.1M)(35.1M)(36.5M)(32.9M)(31.2M)
Accounts Payable987.1K775.2K585.5K638.1K733.9K770.5K
Cash12.8M4.0M9.6M7.5M8.6M9.0M
Other Current Assets65.0K87.9K121.0K84.8K97.5K66.2K
Total Liab781.0K596.2K652.6K656.9K755.4K793.2K
Total Current Assets20.9M11.8M18.0M7.6M8.7M4.9M
Other Current Liab781.0K596.2K652.6K656.9K755.4K503.3K
Net Receivables62.4K17.0K13.0K16.0K18.4K18.7K
Common Stock74.5M75.1M93.5M104.5M120.2M73.4M
Net Tangible Assets51.8M68.5M66.5M77.2M88.8M51.3M
Net Invested Capital51.8M68.5M66.5M77.2M88.8M64.5M
Net Working Capital5.9M20.2M11.2M17.3M19.9M13.6M

Tinka Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(3.2M)(1.1M)(2.2M)(1.7M)(1.6M)(1.6M)
Ebitda(3.2M)(1.1M)(3.4M)(1.7M)(1.6M)(1.6M)
Net Income(2.7M)(2.1M)(916.4K)(1.5M)(1.3M)(1.4M)
Income Tax Expense(371.3K)425.8K(1.5M)(167.9K)(151.1K)(143.6K)
Ebit(3.2M)(1.1M)(2.2M)(1.9M)(1.7M)(1.8M)
Income Before Tax(2.7M)(2.1M)(916.4K)(1.5M)(1.3M)(1.4M)
Net Interest Income236.6K190.6K99.7K141.1K162.3K154.7K
Interest Income236.6K190.6K99.7K141.1K162.3K154.7K

Tinka Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash14.0M(9.2M)6.1M(10.3M)(9.3M)(8.8M)
Free Cash Flow(4.4M)(9.2M)(4.9M)(10.3M)(9.3M)(8.8M)
Capital Expenditures2.8M7.1M4.6M9.1M10.4M10.9M
Net Income(2.7M)(2.1M)(916.4K)(1.5M)(1.3M)(1.4M)
End Period Cash Flow20.8M11.7M17.8M7.5M8.6M4.8M
Other Non Cash Items1.0M50.5K598.0K38.0K43.7K41.5K
Change To Netincome760.0K1.1M40.1K602K692.3K700.4K
Investments(6.0M)(2.8M)(7.1M)(4.6M)(5.3M)(5.5M)

Tinka Financial Ratios Relationships

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

Tinka Resources Systematic Risk

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

Tinka Resources Limited Total Assets Over Time

Today, most investors in Tinka Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tinka 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 Tinka Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.65)

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

Tinka Resources November 23, 2024 Opportunity Range

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

Additional Tools for Tinka Stock Analysis

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