International Metals Mining Stock Piotroski F Score

IMM Stock  CAD 0.07  0.01  6.67%   
This module uses fundamental data of International Metals to approximate its Piotroski F score. International Metals F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of International Metals Mining. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about International Metals financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Metals Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
Net Debt is likely to drop to about 256.6 K in 2024. Short and Long Term Debt is likely to drop to about 367.9 K in 2024.
At this time, it appears that International Metals' Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
1.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

N/A

Focus

International Metals Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to International Metals is to make sure International is not a subject of accounting manipulations and runs a healthy internal audit department. So, if International Metals' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if International Metals' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt256.6 K364.9 K
Way Down
Slightly volatile
Total Current Liabilities1.1 M1.5 M
Way Down
Slightly volatile
Total Assets80.4 K84.6 K
Notably Down
Slightly volatile
Total Current Assets165.4 K84.6 K
Way Up
Slightly volatile

International Metals F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between International Metals' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards International Metals in a much-optimized way.

About International Metals Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Net Debt

256,641

At this time, International Metals' Net Debt is fairly stable compared to the past year.

About International Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze International Metals Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Metals Mining 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 International Stock Analysis

When running International Metals' price analysis, check to measure International Metals' 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 International Metals is operating at the current time. Most of International Metals' value examination focuses on studying past and present price action to predict the probability of International Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Metals' price. Additionally, you may evaluate how the addition of International Metals to your portfolios can decrease your overall portfolio volatility.