Comet Industries Stock Net Income
| CMU Stock | CAD 4.00 0.00 0.00% |
Fundamental analysis of Comet Industries allows traders to better anticipate movements in Comet Industries' stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -460 K | -437 K | |
| Net Loss | (128.80) | (135.24) | |
| Net Loss | -460 K | -437 K | |
| Net Loss | (0.08) | (0.07) | |
| Net Income Per E B T | 0.75 | 0.78 |
Comet | Net Income |
Comet Industries Company Net Income Analysis
Comet Industries' 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 Comet Industries Net Income | (400.04 K) |
Most of Comet Industries' 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, Comet Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Comet Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Comet Industries is extremely important. It helps to project a fair market value of Comet Stock properly, considering its historical fundamentals such as Net Income. Since Comet Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comet Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comet Industries' interrelated accounts and indicators.
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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 |
Comet Operating Income
Operating Income |
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Based on the recorded statements, Comet Industries reported net income of (400,039). This is 96.68% lower than that of the Metals & Mining sector and 100.03% lower than that of the Materials industry. The net income for all Canada stocks is 100.07% higher than that of the company.
Comet Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comet Industries' 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 Comet Industries could also be used in its relative valuation, which is a method of valuing Comet Industries by comparing valuation metrics of similar companies.Comet Industries is currently under evaluation in net income category among its peers.
Comet Fundamentals
| Return On Equity | -0.0776 | ||||
| Return On Asset | -0.056 | ||||
| Operating Margin | 8.03 % | ||||
| Current Valuation | 18.18 M | ||||
| Shares Outstanding | 4.79 M | ||||
| Shares Owned By Insiders | 44.72 % | ||||
| Number Of Shares Shorted | 2.3 K | ||||
| Price To Earning | 393.75 X | ||||
| Price To Book | 2.07 X | ||||
| Revenue | 3.24 K | ||||
| Gross Profit | (339.74 K) | ||||
| EBITDA | (912.02 K) | ||||
| Net Income | (400.04 K) | ||||
| Cash And Equivalents | 57.51 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 234.41 K | ||||
| Debt To Equity | 90.10 % | ||||
| Current Ratio | 0.26 X | ||||
| Book Value Per Share | 1.93 X | ||||
| Cash Flow From Operations | (1.49 M) | ||||
| Short Ratio | 10.50 X | ||||
| Earnings Per Share | (0.15) X | ||||
| Beta | -0.22 | ||||
| Market Capitalization | 19.18 M | ||||
| Total Asset | 9.91 M | ||||
| Retained Earnings | 4.99 M | ||||
| Working Capital | 3.9 M | ||||
| Net Asset | 9.91 M |
About Comet Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comet Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comet Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comet Industries 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 Comet Stock Analysis
When running Comet Industries' price analysis, check to measure Comet Industries' 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 Comet Industries is operating at the current time. Most of Comet Industries' value examination focuses on studying past and present price action to predict the probability of Comet Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comet Industries' price. Additionally, you may evaluate how the addition of Comet Industries to your portfolios can decrease your overall portfolio volatility.