Desert Mountain Energy Stock Net Asset
DME Stock | CAD 0.28 0.01 3.45% |
Desert Mountain Energy fundamentals help investors to digest information that contributes to Desert Mountain's financial success or failures. It also enables traders to predict the movement of Desert Stock. The fundamental analysis module provides a way to measure Desert Mountain'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 Desert Mountain stock.
Desert | Net Asset |
Desert Mountain Energy Company Net Asset Analysis
Desert Mountain's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Desert Mountain Net Asset | 59.45 M |
Most of Desert Mountain's fundamental indicators, such as Net Asset, 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, Desert Mountain Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Desert Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Desert Mountain is extremely important. It helps to project a fair market value of Desert Stock properly, considering its historical fundamentals such as Net Asset. Since Desert Mountain's 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 Desert Mountain's 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 Desert Mountain's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Desert Total Assets
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Based on the recorded statements, Desert Mountain Energy has a Net Asset of 59.45 M. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all Canada stocks is notably lower than that of the firm.
Desert Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Desert Mountain's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Desert Mountain could also be used in its relative valuation, which is a method of valuing Desert Mountain by comparing valuation metrics of similar companies.Desert Mountain is currently under evaluation in net asset category among its peers.
Desert Mountain Current Valuation Drivers
We derive many important indicators used in calculating different scores of Desert Mountain from analyzing Desert Mountain's financial statements. These drivers represent accounts that assess Desert Mountain's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Desert Mountain's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 69.7M | 170.9M | 199.1M | 35.4M | 31.9M | 30.9M | |
Enterprise Value | 59.6M | 144.3M | 186.8M | 23.3M | 21.0M | 27.5M |
Desert Fundamentals
Return On Equity | -0.19 | ||||
Return On Asset | -0.12 | ||||
Operating Margin | (9.93) % | ||||
Current Valuation | 22.5 M | ||||
Shares Outstanding | 90.26 M | ||||
Shares Owned By Insiders | 6.17 % | ||||
Number Of Shares Shorted | 81.26 K | ||||
Price To Book | 0.53 X | ||||
Price To Sales | 17.77 X | ||||
Revenue | 1.74 M | ||||
Gross Profit | 49.06 K | ||||
EBITDA | (6.38 M) | ||||
Net Income | (11.59 M) | ||||
Cash And Equivalents | 756.04 K | ||||
Cash Per Share | 0.02 X | ||||
Total Debt | 8.68 M | ||||
Current Ratio | 6.42 X | ||||
Book Value Per Share | 0.54 X | ||||
Cash Flow From Operations | (4.7 M) | ||||
Short Ratio | 2.55 X | ||||
Earnings Per Share | (0.12) X | ||||
Target Price | 0.6 | ||||
Beta | 2.3 | ||||
Market Capitalization | 25.27 M | ||||
Total Asset | 59.45 M | ||||
Retained Earnings | (48.06 M) | ||||
Working Capital | 12.61 M | ||||
Net Asset | 59.45 M |
About Desert Mountain Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Desert Mountain Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Desert Mountain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Desert Mountain Energy 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 Desert Stock Analysis
When running Desert Mountain's price analysis, check to measure Desert Mountain's 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 Desert Mountain is operating at the current time. Most of Desert Mountain's value examination focuses on studying past and present price action to predict the probability of Desert Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desert Mountain's price. Additionally, you may evaluate how the addition of Desert Mountain to your portfolios can decrease your overall portfolio volatility.