Prairie Provident Resources Stock Net Income
| PPR Stock | CAD 0.59 0.04 7.27% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Prairie Provident's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -15.3 M | -16 M | |
| Net Loss | -19.5 M | -20.5 M | |
| Net Loss | -19.5 M | -20.5 M | |
| Net Loss | (0.55) | (0.58) | |
| Net Income Per E B T | 0.84 | 0.89 |
Prairie | Net Income |
Prairie Provident Resources Company Net Income Analysis
Prairie Provident's 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 Prairie Provident Net Income | (16.96 M) |
Most of Prairie Provident's 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, Prairie Provident Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Prairie Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Prairie Provident is extremely important. It helps to project a fair market value of Prairie Stock properly, considering its historical fundamentals such as Net Income. Since Prairie Provident'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 Prairie Provident'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 Prairie Provident's interrelated accounts and indicators.
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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 |
Prairie Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Prairie Provident Resources reported net income of (16.96 Million). This is 100.75% lower than that of the Oil, Gas & Consumable Fuels sector and 104.93% lower than that of the Energy industry. The net income for all Canada stocks is 102.97% higher than that of the company.
Prairie Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prairie Provident's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Prairie Provident could also be used in its relative valuation, which is a method of valuing Prairie Provident by comparing valuation metrics of similar companies.Prairie Provident is currently under evaluation in net income category among its peers.
Prairie Provident Current Valuation Drivers
We derive many important indicators used in calculating different scores of Prairie Provident from analyzing Prairie Provident's financial statements. These drivers represent accounts that assess Prairie Provident's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Prairie Provident's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 19.9M | 16.2M | 45.3M | 41.5M | 47.8M | 34.8M | |
| Enterprise Value | 130.2M | 136.6M | 121.2M | 95.0M | 85.5M | 91.2M |
Prairie Fundamentals
| Return On Asset | -0.0259 | ||||
| Profit Margin | (0.45) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 92.95 M | ||||
| Shares Outstanding | 1.4 B | ||||
| Shares Owned By Insiders | 82.54 % | ||||
| Shares Owned By Institutions | 0.12 % | ||||
| Number Of Shares Shorted | 176.24 K | ||||
| Price To Book | 0.13 X | ||||
| Price To Sales | 0.69 X | ||||
| Revenue | 43.25 M | ||||
| Gross Profit | 15.21 M | ||||
| EBITDA | 7.66 M | ||||
| Net Income | (16.96 M) | ||||
| Cash And Equivalents | 1.4 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 58.15 M | ||||
| Debt To Equity | 434.90 % | ||||
| Current Ratio | 0.74 X | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | 18 K | ||||
| Short Ratio | 0.89 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.14 | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 35.04 M | ||||
| Total Asset | 117.87 M | ||||
| Retained Earnings | (248.03 M) | ||||
| Working Capital | (71.7 M) | ||||
| Net Asset | 117.87 M |
About Prairie Provident Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prairie Provident Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prairie Provident using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prairie Provident Resources 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 Prairie Provident
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 Prairie Provident 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 Prairie Provident will appreciate offsetting losses from the drop in the long position's value.Moving against Prairie Stock
The ability to find closely correlated positions to Prairie Provident could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prairie Provident 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 Prairie Provident - 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 Prairie Provident Resources to buy it.
The correlation of Prairie Provident 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 Prairie Provident moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prairie Provident 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 Prairie Provident 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 Prairie Stock
Prairie Provident financial ratios help investors to determine whether Prairie 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 Prairie with respect to the benefits of owning Prairie Provident security.