Spruce Ridge Resources Stock EBITDA
| SHL Stock | CAD 0.03 0.01 20.00% |
Spruce Ridge Resources fundamentals help investors to digest information that contributes to Spruce Ridge's financial success or failures. It also enables traders to predict the movement of Spruce Stock. The fundamental analysis module provides a way to measure Spruce 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 Spruce Ridge stock.
Spruce |
Spruce Ridge Resources Company EBITDA Analysis
Spruce Ridge's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Spruce Ridge EBITDA | (2.06 M) |
Most of Spruce Ridge's fundamental indicators, such as EBITDA, 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, Spruce Ridge Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Spruce Ridge Resources reported earnings before interest,tax, depreciation and amortization of (2.06 Million). This is 100.26% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The ebitda for all Canada stocks is 100.05% higher than that of the company.
Spruce EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spruce Ridge's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spruce Ridge could also be used in its relative valuation, which is a method of valuing Spruce Ridge by comparing valuation metrics of similar companies.Spruce Ridge is currently under evaluation in ebitda category among its peers.
Spruce Fundamentals
| Return On Equity | -0.0214 | ||||
| Return On Asset | -0.12 | ||||
| Current Valuation | (606.89 K) | ||||
| Shares Outstanding | 222.95 M | ||||
| Shares Owned By Insiders | 0.86 % | ||||
| Number Of Shares Shorted | 45 | ||||
| Price To Earning | 0.85 X | ||||
| Price To Book | 0.62 X | ||||
| Price To Sales | 7,827 X | ||||
| Gross Profit | (18.09 K) | ||||
| EBITDA | (2.06 M) | ||||
| Net Income | 320.79 K | ||||
| Cash And Equivalents | 10.93 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 241.9 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 30.43 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (257.34 K) | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 2.12 | ||||
| Market Capitalization | 6.69 M | ||||
| Total Asset | 14.43 M | ||||
| Retained Earnings | 1.31 M | ||||
| Working Capital | 7.32 M | ||||
| Net Asset | 14.43 M |
About Spruce Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spruce Ridge Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spruce Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spruce Ridge 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.
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Additional Tools for Spruce Stock Analysis
When running Spruce Ridge's price analysis, check to measure Spruce 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 Spruce Ridge is operating at the current time. Most of Spruce Ridge's value examination focuses on studying past and present price action to predict the probability of Spruce 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 Spruce Ridge's price. Additionally, you may evaluate how the addition of Spruce Ridge to your portfolios can decrease your overall portfolio volatility.