Contact Gold Corp Stock Debt To Equity
CGOLFDelisted Stock | USD 0.01 0 40.82% |
Contact Gold Corp fundamentals help investors to digest information that contributes to Contact Gold's financial success or failures. It also enables traders to predict the movement of Contact OTC Stock. The fundamental analysis module provides a way to measure Contact Gold'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 Contact Gold otc stock.
Contact |
Contact Gold Corp OTC Stock Debt To Equity Analysis
Contact Gold's 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 Contact Gold Debt To Equity | 0 % |
Most of Contact Gold's 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, Contact Gold Corp 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.
CompetitionAccording to the company disclosure, Contact Gold Corp has a Debt To Equity of 0.001%. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Gold industry. The debt to equity for all United States stocks is 100.0% higher than that of the company.
Contact Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Contact Gold's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Contact Gold could also be used in its relative valuation, which is a method of valuing Contact Gold by comparing valuation metrics of similar companies.Contact Gold is currently under evaluation in debt to equity category among its peers.
Contact Fundamentals
Return On Equity | -0.12 | |||
Return On Asset | -0.0697 | |||
Current Valuation | 5.28 M | |||
Shares Outstanding | 301.28 M | |||
Shares Owned By Insiders | 6.45 % | |||
Shares Owned By Institutions | 42.37 % | |||
Price To Book | 0.27 X | |||
EBITDA | (5.52 M) | |||
Net Income | (5.67 M) | |||
Cash And Equivalents | 1.16 M | |||
Total Debt | 44.04 K | |||
Debt To Equity | 0 % | |||
Current Ratio | 2.94 X | |||
Book Value Per Share | 0.10 X | |||
Cash Flow From Operations | (5.06 M) | |||
Earnings Per Share | (0.01) X | |||
Beta | 0.71 | |||
Market Capitalization | 4.48 M | |||
Total Asset | 32.12 M | |||
Z Score | 60.6 | |||
Net Asset | 32.12 M |
About Contact Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Contact Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Contact Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Contact Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Contact OTC Stock
If you are still planning to invest in Contact Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Contact Gold's history and understand the potential risks before investing.
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