Altair Res Inc Stock Fundamentals
| 90AA Stock | EUR 0.0005 0.00 0.00% |
ALTAIR RES INC fundamentals help investors to digest information that contributes to ALTAIR RES's financial success or failures. It also enables traders to predict the movement of ALTAIR Stock. The fundamental analysis module provides a way to measure ALTAIR RES's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ALTAIR RES stock.
ALTAIR |
ALTAIR RES INC Company Net Income Analysis
ALTAIR RES's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current ALTAIR RES Net Income | (628.14 K) |
Most of ALTAIR RES's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ALTAIR RES INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, ALTAIR RES INC reported net income of (628,140). This is 94.78% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The net income for all Germany stocks is 100.11% higher than that of the company.
ALTAIR RES INC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALTAIR RES's current stock value. Our valuation model uses many indicators to compare ALTAIR RES value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALTAIR RES competition to find correlations between indicators driving ALTAIR RES's intrinsic value. More Info.ALTAIR RES INC is number one stock in return on asset category among its peers. It also is number one stock in shares outstanding 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 ALTAIR RES's earnings, one of the primary drivers of an investment's value.ALTAIR Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALTAIR RES's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALTAIR RES could also be used in its relative valuation, which is a method of valuing ALTAIR RES by comparing valuation metrics of similar companies.ALTAIR RES is currently under evaluation in net income category among its peers.
ALTAIR Fundamentals
| Return On Asset | -1.93 | |||
| Shares Outstanding | 56.67 M | |||
| Shares Owned By Insiders | 0.97 % | |||
| EBITDA | (227.22 K) | |||
| Net Income | (628.14 K) | |||
| Cash And Equivalents | 12.43 K | |||
| Total Debt | 12 K | |||
| Current Ratio | 0.03 X | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (181.57 K) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 3.64 | |||
| Market Capitalization | 663.31 K | |||
| Z Score | 33.0 |
About ALTAIR RES Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALTAIR RES INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALTAIR RES using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALTAIR RES INC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Altair Resources Inc. focuses on identifying and evaluating potential mineral interest acquisitions or other business opportunities. Altair Resources Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada. ALTAIR RES operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.
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Other Information on Investing in ALTAIR Stock
ALTAIR RES financial ratios help investors to determine whether ALTAIR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALTAIR with respect to the benefits of owning ALTAIR RES security.