Eastfield Resources Stock Fundamentals
ETF Stock | CAD 0.03 0.01 16.67% |
Eastfield Resources fundamentals help investors to digest information that contributes to Eastfield Resources' financial success or failures. It also enables traders to predict the movement of Eastfield Stock. The fundamental analysis module provides a way to measure Eastfield 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 Eastfield Resources stock.
At this time, Eastfield Resources' Depreciation And Amortization is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 44.3 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 200.2 K in 2024. Eastfield | Select Account or Indicator |
Eastfield Resources Company Shares Outstanding Analysis
Eastfield Resources' 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 Eastfield Resources Shares Outstanding | 61.56 M |
Most of Eastfield Resources' 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, Eastfield Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eastfield Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Eastfield Resources is extremely important. It helps to project a fair market value of Eastfield Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Eastfield 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 Eastfield 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 Eastfield Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
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.
Competition |
Eastfield Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, Eastfield Resources has 61.56 M of shares currently outstending. This is 89.98% lower than that of the Metals & Mining sector and 82.91% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 89.23% higher than that of the company.
Eastfield Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eastfield Resources's current stock value. Our valuation model uses many indicators to compare Eastfield Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastfield Resources competition to find correlations between indicators driving Eastfield Resources's intrinsic value. More Info.Eastfield Resources 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, Eastfield Resources' 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 Eastfield Resources' earnings, one of the primary drivers of an investment's value.Eastfield Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastfield Resources' 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 Eastfield Resources could also be used in its relative valuation, which is a method of valuing Eastfield Resources by comparing valuation metrics of similar companies.Eastfield Resources is currently under evaluation in shares outstanding category among its peers.
Eastfield Fundamentals
Return On Equity | -0.15 | |||
Return On Asset | -0.0626 | |||
Current Valuation | 1.28 M | |||
Shares Outstanding | 61.56 M | |||
Shares Owned By Insiders | 12.00 % | |||
Number Of Shares Shorted | 1.55 K | |||
Price To Book | 0.90 X | |||
EBITDA | (271.84 K) | |||
Net Income | (321.31 K) | |||
Cash And Equivalents | 385.51 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 165.37 K | |||
Current Ratio | 6.81 X | |||
Book Value Per Share | 0.03 X | |||
Cash Flow From Operations | (217.71 K) | |||
Short Ratio | 0.04 X | |||
Earnings Per Share | (0.01) X | |||
Beta | 1.73 | |||
Market Capitalization | 1.54 M | |||
Total Asset | 2.01 M | |||
Retained Earnings | (3.35 M) | |||
Working Capital | 153.35 K | |||
Net Asset | 2.01 M |
About Eastfield Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eastfield Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastfield Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastfield 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.Last Reported | Projected for Next Year | ||
Current Deferred Revenue | -49 K | -46.6 K | |
Cost Of Revenue | 42.2 K | 44.3 K | |
Capex To Revenue | 0.01 | 0.01 | |
Ebit Per Revenue | (28.84) | (30.29) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Eastfield Stock Analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.