Altima Resources Stock Debt To Equity
| ARH Stock | CAD 0.14 0.02 12.50% |
Altima Resources fundamentals help investors to digest information that contributes to Altima Resources' financial success or failures. It also enables traders to predict the movement of Altima Stock. The fundamental analysis module provides a way to measure Altima Resources' 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 Altima Resources stock.
Altima | Debt To Equity |
Altima Resources Company Debt To Equity Analysis
Altima Resources' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Altima Resources Debt To Equity | 1.01 % |
Most of Altima Resources' fundamental indicators, such as Debt To Equity, 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, Altima Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Altima Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Altima Resources has a Debt To Equity of 1.01%. This is 98.62% lower than that of the Oil, Gas & Consumable Fuels sector and 98.45% lower than that of the Energy industry. The debt to equity for all Canada stocks is 97.93% higher than that of the company.
Altima Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altima Resources' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altima Resources could also be used in its relative valuation, which is a method of valuing Altima Resources by comparing valuation metrics of similar companies.Altima Resources is currently under evaluation in debt to equity category among its peers.
Altima Fundamentals
| Return On Asset | -0.14 | |||
| Profit Margin | (0.47) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 10.12 M | |||
| Shares Outstanding | 56.87 M | |||
| Shares Owned By Insiders | 13.46 % | |||
| Number Of Shares Shorted | 4.36 K | |||
| Price To Earning | 0.52 X | |||
| Price To Sales | 2.34 X | |||
| Revenue | 2.94 M | |||
| Gross Profit | (143.16 K) | |||
| EBITDA | (649.58 K) | |||
| Net Income | (2.04 M) | |||
| Cash And Equivalents | 59.37 K | |||
| Total Debt | 2 M | |||
| Debt To Equity | 1.01 % | |||
| Current Ratio | 0.12 X | |||
| Book Value Per Share | (0.17) X | |||
| Cash Flow From Operations | (178.98 K) | |||
| Short Ratio | 0.26 X | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 1.95 | |||
| Market Capitalization | 7.96 M | |||
| Total Asset | 6.45 M | |||
| Retained Earnings | (41.76 M) | |||
| Working Capital | (10.95 M) | |||
| Net Asset | 6.45 M |
About Altima Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altima Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altima Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altima Resources 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.
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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.