Equinox Gold Corp Stock Net Income
| EQX Stock | USD 5.72 0.24 4.38% |
Equinox Gold Corp fundamentals help investors to digest information that contributes to Equinox Gold's financial success or failures. It also enables traders to predict the movement of Equinox Stock. The fundamental analysis module provides a way to measure Equinox Gold'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 Equinox Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 29.4 M | 25.4 M | |
| Net Income From Continuing Ops | 28.9 M | 52.9 M | |
| Net Loss | -121.9 M | -115.8 M | |
| Net Income Per Share | 0.09 | 0.10 | |
| Net Income Per E B T | 1.96 | 2.05 |
Equinox | Net Income |
Equinox Gold Corp Company Net Income Analysis
Equinox Gold's 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 Equinox Gold Net Income | 29.41 M |
Most of Equinox Gold's 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, Equinox Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Equinox Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Equinox Gold is extremely important. It helps to project a fair market value of Equinox Stock properly, considering its historical fundamentals such as Net Income. Since Equinox Gold'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 Equinox Gold'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 Equinox Gold's 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 |
Equinox Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Equinox Gold Corp reported net income of 29.41 M. This is 344.41% lower than that of the Metals & Mining sector and 121.22% lower than that of the Materials industry. The net income for all United States stocks is 94.85% higher than that of the company.
Equinox Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equinox Gold's 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 Equinox Gold could also be used in its relative valuation, which is a method of valuing Equinox Gold by comparing valuation metrics of similar companies.Equinox Gold is currently under evaluation in net income category among its peers.
Equinox Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Equinox Gold from analyzing Equinox Gold's financial statements. These drivers represent accounts that assess Equinox Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equinox Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 862.4M | 2.2B | 1.9B | 997.1M | 1.5B | 1.6B | |
| Enterprise Value | 1.1B | 2.4B | 2.2B | 1.6B | 2.3B | 2.4B |
Equinox Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Equinox Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equinox Gold's managers, analysts, and investors.Environmental | Governance | Social |
Equinox Fundamentals
| Return On Equity | 0.0872 | ||||
| Return On Asset | 0.0131 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 3.91 B | ||||
| Shares Outstanding | 455.4 M | ||||
| Shares Owned By Insiders | 6.01 % | ||||
| Shares Owned By Institutions | 61.82 % | ||||
| Number Of Shares Shorted | 11.72 M | ||||
| Price To Earning | 2.31 X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 2.11 X | ||||
| Revenue | 1.11 B | ||||
| Gross Profit | 262.67 M | ||||
| EBITDA | 291.09 M | ||||
| Net Income | 29.41 M | ||||
| Cash And Equivalents | 200.77 M | ||||
| Cash Per Share | 0.84 X | ||||
| Total Debt | 945.37 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 2.89 X | ||||
| Book Value Per Share | 7.58 X | ||||
| Cash Flow From Operations | 358.46 M | ||||
| Short Ratio | 3.32 X | ||||
| Earnings Per Share | 0.55 X | ||||
| Target Price | 6.77 | ||||
| Number Of Employees | 3.69 K | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 2.61 B | ||||
| Total Asset | 4.33 B | ||||
| Retained Earnings | 348.55 M | ||||
| Working Capital | 354.36 M | ||||
| Current Asset | 105.76 M | ||||
| Current Liabilities | 55.65 M | ||||
| Net Asset | 4.33 B |
About Equinox Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equinox Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equinox Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equinox Gold 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.
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When running Equinox Gold's price analysis, check to measure Equinox Gold'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 Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.