Equity Metals Corp Stock Fundamentals
| EQTY Stock | CAD 0.18 0.01 5.26% |
Equity Metals Corp fundamentals help investors to digest information that contributes to Equity Metals' financial success or failures. It also enables traders to predict the movement of Equity Stock. The fundamental analysis module provides a way to measure Equity Metals' 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 Equity Metals stock.
At this time, Equity Metals' Net Interest Income is fairly stable compared to the past year. Interest Income is likely to climb to about 59.4 K in 2024, whereas Operating Income is likely to drop (2.8 M) in 2024. Equity | Select Account or Indicator |
Equity Metals Corp Company Shares Outstanding Analysis
Equity Metals' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Equity Metals Shares Outstanding | 172.77 M |
Most of Equity Metals' fundamental indicators, such as Shares Outstanding, 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, Equity Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Equity Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Equity Metals is extremely important. It helps to project a fair market value of Equity Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Equity Metals' 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 Equity Metals' 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 Equity Metals' interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Equity Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Equity Metals Corp has 172.77 M of shares currently outstending. This is 71.87% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The shares outstanding for all Canada stocks is 69.79% higher than that of the company.
Equity Metals Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Equity Metals's current stock value. Our valuation model uses many indicators to compare Equity Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equity Metals competition to find correlations between indicators driving Equity Metals's intrinsic value. More Info.Equity Metals Corp is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, Equity Metals' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Equity Metals' earnings, one of the primary drivers of an investment's value.Equity Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equity Metals' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equity Metals could also be used in its relative valuation, which is a method of valuing Equity Metals by comparing valuation metrics of similar companies.Equity Metals is currently under evaluation in shares outstanding category among its peers.
Equity Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Equity Metals from analyzing Equity Metals' financial statements. These drivers represent accounts that assess Equity Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equity Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.9M | 9.9M | 5.8M | 15.9M | 14.3M | 15.0M | |
| Enterprise Value | 2.1M | 8.1M | 5.3M | 12.9M | 11.6M | 12.2M |
Equity Fundamentals
| Return On Equity | -1.42 | |||
| Return On Asset | -0.72 | |||
| Current Valuation | 27.86 M | |||
| Shares Outstanding | 172.77 M | |||
| Shares Owned By Insiders | 0.59 % | |||
| Number Of Shares Shorted | 62.82 K | |||
| Price To Book | 11.15 X | |||
| Gross Profit | (46.03 K) | |||
| EBITDA | (3.66 M) | |||
| Net Income | (2.91 M) | |||
| Cash And Equivalents | 3.18 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 287.5 K | |||
| Current Ratio | 8.60 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (2.45 M) | |||
| Short Ratio | 0.11 X | |||
| Earnings Per Share | (0.03) X | |||
| Target Price | 0.3 | |||
| Beta | 0.98 | |||
| Market Capitalization | 31.1 M | |||
| Total Asset | 3.34 M | |||
| Retained Earnings | (30.71 M) | |||
| Working Capital | 2.84 M | |||
| Net Asset | 3.34 M |
About Equity Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equity Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equity Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equity Metals 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.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 10.9 K | 10.9 K |
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Additional Tools for Equity Stock Analysis
When running Equity Metals' price analysis, check to measure Equity Metals' 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 Equity Metals is operating at the current time. Most of Equity Metals' value examination focuses on studying past and present price action to predict the probability of Equity Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Metals' price. Additionally, you may evaluate how the addition of Equity Metals to your portfolios can decrease your overall portfolio volatility.