Iconic Minerals Stock Net Income
| ICM Stock | CAD 0.01 0.01 50.00% |
Iconic Minerals fundamentals help investors to digest information that contributes to Iconic Minerals' financial success or failures. It also enables traders to predict the movement of Iconic Stock. The fundamental analysis module provides a way to measure Iconic Minerals' 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 Iconic Minerals stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 20.2 M | 21.2 M | |
| Net Income From Continuing Ops | 20.2 M | 21.2 M | |
| Net Loss | -1.2 M | -1.3 M | |
| Net Income Per Share | 0.13 | 0.12 | |
| Net Income Per E B T | 0.89 | 0.93 |
Iconic | Net Income |
Iconic Minerals Company Net Income Analysis
Iconic Minerals' 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 Iconic Minerals Net Income | 17.58 M |
Most of Iconic Minerals' 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, Iconic Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Iconic Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Iconic Minerals is extremely important. It helps to project a fair market value of Iconic Stock properly, considering its historical fundamentals such as Net Income. Since Iconic Minerals' 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 Iconic Minerals' 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 Iconic Minerals' interrelated accounts and indicators.
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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 |
Iconic Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Iconic Minerals reported net income of 17.58 M. This is 246.07% lower than that of the Metals & Mining sector and 112.68% lower than that of the Materials industry. The net income for all Canada stocks is 96.92% higher than that of the company.
Iconic Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Iconic Minerals' 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 Iconic Minerals could also be used in its relative valuation, which is a method of valuing Iconic Minerals by comparing valuation metrics of similar companies.Iconic Minerals is currently under evaluation in net income category among its peers.
Iconic Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Iconic Minerals from analyzing Iconic Minerals' financial statements. These drivers represent accounts that assess Iconic Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Iconic Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.2M | 25.3M | 14.5M | 5.4M | 4.8M | 5.5M | |
| Enterprise Value | 11.1M | 25.9M | 16.1M | 5.0M | 4.5M | 6.0M |
Iconic Fundamentals
| Return On Equity | 0.94 | ||||
| Return On Asset | -0.0869 | ||||
| Current Valuation | 3.05 M | ||||
| Shares Outstanding | 147.51 M | ||||
| Shares Owned By Insiders | 7.23 % | ||||
| Number Of Shares Shorted | 795 | ||||
| Price To Earning | (0.57) X | ||||
| Price To Book | 1.45 X | ||||
| EBITDA | (1.37 M) | ||||
| Net Income | 17.58 M | ||||
| Cash And Equivalents | 105.94 K | ||||
| Total Debt | 1.39 M | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (3.32 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 1.48 M | ||||
| Total Asset | 4.26 M | ||||
| Retained Earnings | (31.45 M) | ||||
| Working Capital | 1.63 M | ||||
| Net Asset | 4.26 M |
About Iconic Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Iconic Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iconic Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iconic Minerals 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 Iconic Stock Analysis
When running Iconic Minerals' price analysis, check to measure Iconic Minerals' 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 Iconic Minerals is operating at the current time. Most of Iconic Minerals' value examination focuses on studying past and present price action to predict the probability of Iconic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iconic Minerals' price. Additionally, you may evaluate how the addition of Iconic Minerals to your portfolios can decrease your overall portfolio volatility.