Signal Gold Stock Retained Earnings
| SGNL Stock | 0.07 0.01 7.14% |
Signal Gold fundamentals help investors to digest information that contributes to Signal Gold's financial success or failures. It also enables traders to predict the movement of Signal Stock. The fundamental analysis module provides a way to measure Signal Gold'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 Signal Gold stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -39.7 M | -37.7 M |
Signal | Retained Earnings |
Signal Gold Company Retained Earnings Analysis
Signal Gold'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 Signal Gold Retained Earnings | (39.65 M) |
Most of Signal Gold'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, Signal Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Signal Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Signal Gold is extremely important. It helps to project a fair market value of Signal Stock properly, considering its historical fundamentals such as Retained Earnings. Since Signal Gold'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 Signal Gold'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 Signal Gold'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, Signal Gold has a Retained Earnings of (39.65 Million). This is 100.21% lower than that of the Metals & Mining sector and 92.07% lower than that of the Materials industry. The retained earnings for all Canada stocks is 100.43% higher than that of the company.
Signal Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Signal Gold'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 Signal Gold could also be used in its relative valuation, which is a method of valuing Signal Gold by comparing valuation metrics of similar companies.Signal Gold is currently under evaluation in retained earnings category among its peers.
Signal Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Signal Gold from analyzing Signal Gold's financial statements. These drivers represent accounts that assess Signal Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Signal Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 31.6M | 87.0M | 108.4M | 58.8M | 30.2M | 21.7M | |
| Enterprise Value | 32.0M | 75.0M | 99.8M | 60.9M | 43.3M | 45.5M |
Signal Fundamentals
| Return On Equity | -1.01 | ||||
| Return On Asset | -0.36 | ||||
| Current Valuation | 40.93 M | ||||
| Shares Outstanding | 255.06 M | ||||
| Shares Owned By Insiders | 2.72 % | ||||
| Shares Owned By Institutions | 24.21 % | ||||
| Number Of Shares Shorted | 19.39 K | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 1.52 X | ||||
| Revenue | 41.77 M | ||||
| Gross Profit | 9.88 M | ||||
| EBITDA | (5.58 M) | ||||
| Net Income | (15 M) | ||||
| Cash And Equivalents | 9.25 M | ||||
| Total Debt | 23.01 M | ||||
| Book Value Per Share | 0.1 X | ||||
| Cash Flow From Operations | (3.25 M) | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (0.06) X | ||||
| Target Price | 0.2 | ||||
| Number Of Employees | 16 | ||||
| Beta | 1.52 | ||||
| Market Capitalization | 19.13 M | ||||
| Total Asset | 95.33 M | ||||
| Retained Earnings | (39.65 M) | ||||
| Working Capital | (4.56 M) | ||||
| Net Asset | 95.33 M |
About Signal Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Signal Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Signal Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Signal Gold 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 Signal Gold
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 Signal Gold 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 Signal Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Signal Stock
Moving against Signal Stock
The ability to find closely correlated positions to Signal Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Signal Gold 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 Signal Gold - 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 Signal Gold to buy it.
The correlation of Signal Gold 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 Signal Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Signal Gold 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 Signal Gold 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 Signal Stock
Signal Gold financial ratios help investors to determine whether Signal 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 Signal with respect to the benefits of owning Signal Gold security.