Itronics Stock Net Income
| ITRO Stock | USD 0.0001 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Itronics' long-term financial health and intrinsic value.
Itronics |
Itronics Company Net Income Analysis
Itronics' 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 Itronics Net Income | (56.88 M) |
Most of Itronics' 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, Itronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the recorded statements, Itronics reported net income of (56.88 Million). This is 372.62% higher than that of the Chemicals sector and 124.49% lower than that of the Materials industry. The net income for all United States stocks is 109.96% higher than that of the company.
Itronics Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Itronics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Itronics could also be used in its relative valuation, which is a method of valuing Itronics by comparing valuation metrics of similar companies.Itronics is currently under evaluation in net income category among its peers.
Itronics Fundamentals
| Return On Asset | -0.34 | |||
| Operating Margin | (0.84) % | |||
| Current Valuation | 2.87 B | |||
| Price To Earning | (0.03) X | |||
| Price To Sales | 1.01 X | |||
| Revenue | 2.17 B | |||
| Gross Profit | 124.16 K | |||
| EBITDA | (2.24 M) | |||
| Net Income | (56.88 M) | |||
| Total Debt | 902.58 M | |||
| Current Ratio | 0.05 X | |||
| Book Value Per Share | (10.43) X | |||
| Cash Flow From Operations | 109.51 M | |||
| Earnings Per Share | (12.83) X | |||
| Beta | 17.17 | |||
| Market Capitalization | 2.87 M | |||
| Total Asset | 2.61 B | |||
| Retained Earnings | (46.91 M) | |||
| Working Capital | (21.79 M) | |||
| Current Asset | 1.24 M | |||
| Current Liabilities | 23.03 M | |||
| Net Asset | 2.61 B |
About Itronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Itronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Itronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Itronics 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.
Pair Trading with Itronics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Itronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Itronics will appreciate offsetting losses from the drop in the long position's value.Moving against Itronics Pink Sheet
The ability to find closely correlated positions to Itronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Itronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Itronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Itronics to buy it.
The correlation of Itronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Itronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Itronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Itronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Itronics Pink Sheet
Itronics financial ratios help investors to determine whether Itronics Pink Sheet 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 Itronics with respect to the benefits of owning Itronics security.