Igo Limited Stock Debt To Equity
IIDDY Stock | USD 6.80 0.00 0.00% |
IGO Limited fundamentals help investors to digest information that contributes to IGO's financial success or failures. It also enables traders to predict the movement of IGO Pink Sheet. The fundamental analysis module provides a way to measure IGO'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 IGO pink sheet.
IGO |
IGO Limited Company Debt To Equity Analysis
IGO's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current IGO Debt To Equity | 0.28 % |
Most of IGO's fundamental indicators, such as Debt To Equity, 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, IGO Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition |
According to the company disclosure, IGO Limited has a Debt To Equity of 0.275%. This is 99.57% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The debt to equity for all United States stocks is 99.44% higher than that of the company.
IGO Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IGO's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of IGO could also be used in its relative valuation, which is a method of valuing IGO by comparing valuation metrics of similar companies.IGO is currently under evaluation in debt to equity category among its peers.
IGO Fundamentals
Return On Equity | 0.23 | |||
Return On Asset | 0.0427 | |||
Profit Margin | 0.78 % | |||
Operating Margin | 0.28 % | |||
Current Valuation | 7.96 B | |||
Shares Outstanding | 378.63 M | |||
Price To Earning | 72.52 X | |||
Price To Book | 3.41 X | |||
Price To Sales | 8.75 X | |||
Revenue | 845.2 M | |||
Gross Profit | 694.9 M | |||
EBITDA | 645.1 M | |||
Net Income | 330.9 M | |||
Cash And Equivalents | 493.9 M | |||
Cash Per Share | 1.30 X | |||
Total Debt | 713.5 M | |||
Debt To Equity | 0.28 % | |||
Current Ratio | 1.69 X | |||
Book Value Per Share | 10.36 X | |||
Cash Flow From Operations | 357.1 M | |||
Earnings Per Share | 1.52 X | |||
Beta | 0.92 | |||
Market Capitalization | 7.88 B | |||
Total Asset | 4.85 B | |||
Z Score | 6.6 | |||
Annual Yield | 0.01 % | |||
Net Asset | 4.85 B | |||
Last Dividend Paid | 0.19 |
About IGO Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IGO Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IGO using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IGO Limited 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 IGO's price analysis, check to measure IGO'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 IGO is operating at the current time. Most of IGO's value examination focuses on studying past and present price action to predict the probability of IGO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGO's price. Additionally, you may evaluate how the addition of IGO to your portfolios can decrease your overall portfolio volatility.