Pacific Ridge Exploration Stock Retained Earnings
PEX Stock | CAD 0.03 0.01 20.00% |
Pacific Ridge Exploration fundamentals help investors to digest information that contributes to Pacific Ridge's financial success or failures. It also enables traders to predict the movement of Pacific Stock. The fundamental analysis module provides a way to measure Pacific Ridge'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 Pacific Ridge stock.
Last Reported | Projected for Next Year | ||
Retained Earnings | -64.4 M | -61.2 M |
Pacific | Retained Earnings |
Pacific Ridge Exploration Company Retained Earnings Analysis
Pacific Ridge's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Pacific Ridge Retained Earnings | (64.41 M) |
Most of Pacific Ridge's fundamental indicators, such as Retained Earnings, 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, Pacific Ridge Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Pacific Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Pacific Ridge is extremely important. It helps to project a fair market value of Pacific Stock properly, considering its historical fundamentals such as Retained Earnings. Since Pacific Ridge's 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 Pacific Ridge's 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 Pacific Ridge's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition |
Based on the latest financial disclosure, Pacific Ridge Exploration has a Retained Earnings of (64.41 Million). This is 100.34% lower than that of the Metals & Mining sector and 100.74% lower than that of the Materials industry. The retained earnings for all Canada stocks is 100.69% higher than that of the company.
Pacific Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pacific Ridge's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pacific Ridge could also be used in its relative valuation, which is a method of valuing Pacific Ridge by comparing valuation metrics of similar companies.Pacific Ridge is currently under evaluation in retained earnings category among its peers.
Pacific Ridge Current Valuation Drivers
We derive many important indicators used in calculating different scores of Pacific Ridge from analyzing Pacific Ridge's financial statements. These drivers represent accounts that assess Pacific Ridge's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pacific Ridge's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.6M | 1.6M | 19.1M | 18.7M | 18.4M | 19.4M | |
Enterprise Value | 706.5K | 1.1M | 18.6M | 10.9M | 18.0M | 18.9M |
Pacific Fundamentals
Return On Equity | -0.82 | |||
Return On Asset | -0.48 | |||
Current Valuation | 2.82 M | |||
Shares Outstanding | 173.42 M | |||
Shares Owned By Insiders | 11.70 % | |||
Shares Owned By Institutions | 0.16 % | |||
Number Of Shares Shorted | 79.83 K | |||
Price To Earning | 7.50 X | |||
Price To Book | 0.77 X | |||
EBITDA | (9.15 M) | |||
Net Income | (7.8 M) | |||
Cash And Equivalents | 1.11 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 62.71 K | |||
Debt To Equity | 2.40 % | |||
Current Ratio | 2.50 X | |||
Book Value Per Share | 0.04 X | |||
Cash Flow From Operations | (8.69 M) | |||
Short Ratio | 0.18 X | |||
Earnings Per Share | (0.07) X | |||
Target Price | 0.7 | |||
Beta | 1.62 | |||
Market Capitalization | 5.2 M | |||
Total Asset | 5.16 M | |||
Retained Earnings | (64.41 M) | |||
Working Capital | 44.01 K | |||
Net Asset | 5.16 M |
About Pacific Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pacific Ridge Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pacific Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pacific Ridge Exploration 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 Pacific Stock Analysis
When running Pacific Ridge's price analysis, check to measure Pacific Ridge'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 Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to predict the probability of Pacific Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Ridge's price. Additionally, you may evaluate how the addition of Pacific Ridge to your portfolios can decrease your overall portfolio volatility.