Emerita Resources Corp Stock Net Income

EMO Stock  CAD 0.59  0.01  1.72%   
Emerita Resources Corp fundamentals help investors to digest information that contributes to Emerita Resources' financial success or failures. It also enables traders to predict the movement of Emerita Stock. The fundamental analysis module provides a way to measure Emerita 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 Emerita Resources stock.
Last ReportedProjected for Next Year
Net Loss-19.3 M-18.4 M
Net Loss-19.3 M-18.4 M
Net Loss-18.6 M-17.7 M
Net Income Per Share 0.15  0.16 
Net Income Per E B T 0.89  0.85 
Net Income Per Share is likely to climb to 0.16 in 2024, despite the fact that Net Loss is likely to grow to (18.4 M).
  
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Emerita Resources Corp Company Net Income Analysis

Emerita Resources' 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Emerita Resources Net Income

    
  (21.49 M)  
Most of Emerita Resources' 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, Emerita Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Emerita Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Emerita Resources is extremely important. It helps to project a fair market value of Emerita Stock properly, considering its historical fundamentals such as Net Income. Since Emerita Resources' 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 Emerita Resources' 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 Emerita Resources' interrelated accounts and indicators.
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

Emerita Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

36.74 Million

At this time, Emerita Resources' Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Emerita Resources Corp reported net income of (21.49 Million). This is 78.6% higher than that of the Metals & Mining sector and 101.72% lower than that of the Materials industry. The net income for all Canada stocks is 103.76% higher than that of the company.

Emerita Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Emerita Resources' 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 Emerita Resources could also be used in its relative valuation, which is a method of valuing Emerita Resources by comparing valuation metrics of similar companies.
Emerita Resources is currently under evaluation in net income category among its peers.

Emerita Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Emerita Resources from analyzing Emerita Resources' financial statements. These drivers represent accounts that assess Emerita Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Emerita Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.4M201.7M152.9M74.2M331.2K314.6K
Enterprise Value16.0M174.9M132.8M64.4M66.1K62.8K

Emerita Fundamentals

About Emerita Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Emerita Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emerita Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emerita Resources Corp 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.

Thematic Opportunities

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Additional Tools for Emerita Stock Analysis

When running Emerita Resources' price analysis, check to measure Emerita 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 Emerita Resources is operating at the current time. Most of Emerita Resources' value examination focuses on studying past and present price action to predict the probability of Emerita Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerita Resources' price. Additionally, you may evaluate how the addition of Emerita Resources to your portfolios can decrease your overall portfolio volatility.