Independence Gold Corp Stock EBITDA
IEGCF Stock | USD 0.15 0.01 6.25% |
Independence Gold Corp fundamentals help investors to digest information that contributes to Independence Gold's financial success or failures. It also enables traders to predict the movement of Independence OTC Stock. The fundamental analysis module provides a way to measure Independence 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 Independence Gold otc stock.
Independence |
Independence Gold Corp OTC Stock EBITDA Analysis
Independence Gold's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Independence Gold EBITDA | (8.81 M) |
Most of Independence Gold's fundamental indicators, such as EBITDA, 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, Independence Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition |
According to the company disclosure, Independence Gold Corp reported earnings before interest,tax, depreciation and amortization of (8.81 Million). This is 101.11% lower than that of the Metals & Mining sector and 102.25% lower than that of the Materials industry. The ebitda for all United States stocks is 100.23% higher than that of the company.
Independence EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independence Gold's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Independence Gold could also be used in its relative valuation, which is a method of valuing Independence Gold by comparing valuation metrics of similar companies.Independence Gold is currently under evaluation in ebitda category among its peers.
Independence Fundamentals
Return On Equity | -1.14 | |||
Return On Asset | -0.64 | |||
Current Valuation | 6.42 M | |||
Shares Outstanding | 130.45 M | |||
Shares Owned By Insiders | 23.59 % | |||
Price To Earning | (2.63) X | |||
Price To Book | 2.11 X | |||
Gross Profit | (1.28 K) | |||
EBITDA | (8.81 M) | |||
Net Income | (8.95 M) | |||
Cash And Equivalents | 323.93 K | |||
Total Debt | 556.74 K | |||
Debt To Equity | 0.12 % | |||
Current Ratio | 1.43 X | |||
Book Value Per Share | 0.04 X | |||
Cash Flow From Operations | (2.57 M) | |||
Earnings Per Share | (0.08) X | |||
Number Of Employees | 12 | |||
Beta | 2.18 | |||
Market Capitalization | 11.45 M | |||
Total Asset | 7.01 M | |||
Z Score | 8.7 | |||
Net Asset | 7.01 M |
About Independence Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independence Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independence Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independence Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Independence OTC Stock
Independence Gold financial ratios help investors to determine whether Independence OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Independence with respect to the benefits of owning Independence Gold security.