Canadian Palladium Resources Stock Debt To Equity
DCNNF Stock | USD 0.05 0.01 15.96% |
Canadian Palladium Resources fundamentals help investors to digest information that contributes to Canadian Palladium's financial success or failures. It also enables traders to predict the movement of Canadian Pink Sheet. The fundamental analysis module provides a way to measure Canadian Palladium'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 Canadian Palladium pink sheet.
Canadian |
Canadian Palladium Resources Company Debt To Equity Analysis
Canadian Palladium'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 Canadian Palladium Debt To Equity | 0.31 % |
Most of Canadian Palladium'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, Canadian Palladium 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.
Competition |
According to the company disclosure, Canadian Palladium Resources has a Debt To Equity of 0.311%. This is 99.52% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The debt to equity for all United States stocks is 99.36% higher than that of the company.
Canadian Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Palladium's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Canadian Palladium could also be used in its relative valuation, which is a method of valuing Canadian Palladium by comparing valuation metrics of similar companies.Canadian Palladium is currently under evaluation in debt to equity category among its peers.
Canadian Fundamentals
Return On Equity | -2.58 | |||
Return On Asset | -0.69 | |||
Current Valuation | 5.53 M | |||
Shares Outstanding | 144.07 M | |||
Shares Owned By Insiders | 5.10 % | |||
Price To Book | 4.84 X | |||
EBITDA | (1.51 M) | |||
Net Income | (3.83 M) | |||
Cash And Equivalents | 137.56 K | |||
Total Debt | 466.46 K | |||
Debt To Equity | 0.31 % | |||
Current Ratio | 0.15 X | |||
Book Value Per Share | (0) X | |||
Cash Flow From Operations | (954.12 K) | |||
Earnings Per Share | (0.03) X | |||
Beta | 1.32 | |||
Market Capitalization | 5.03 M | |||
Total Asset | 1.09 M | |||
Z Score | 2.7 | |||
Net Asset | 1.09 M |
About Canadian Palladium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Palladium Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Palladium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Palladium 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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Other Information on Investing in Canadian Pink Sheet
Canadian Palladium financial ratios help investors to determine whether Canadian Pink Sheet 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 Canadian with respect to the benefits of owning Canadian Palladium security.