Sokoman Minerals Corp Stock Net Income

SIC Stock  CAD 0.04  0.00  0.00%   
Sokoman Minerals Corp fundamentals help investors to digest information that contributes to Sokoman Minerals' financial success or failures. It also enables traders to predict the movement of Sokoman Stock. The fundamental analysis module provides a way to measure Sokoman Minerals' 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 Sokoman Minerals stock.
Last ReportedProjected for Next Year
Net Loss-1 M-1.1 M
Net Loss-1 M-1.1 M
Net Loss-11 M-10.5 M
Net Loss 0.00 (0.02)
Net Income Per E B T 1.08  0.78 
Net Loss is likely to drop to about (1.1 M) in 2024. Net Loss is likely to drop to about (1.1 M) in 2024.
  
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Sokoman Minerals Corp Company Net Income Analysis

Sokoman Minerals' 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Sokoman Minerals Net Income

    
  (1.04 M)  
Most of Sokoman Minerals' 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, Sokoman Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sokoman Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Sokoman Minerals is extremely important. It helps to project a fair market value of Sokoman Stock properly, considering its historical fundamentals such as Net Income. Since Sokoman Minerals' 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 Sokoman Minerals' 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 Sokoman Minerals' interrelated accounts and indicators.
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

Sokoman Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.19 Million

At this time, Sokoman Minerals' Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Sokoman Minerals Corp reported net income of (1.04 Million). This is 91.34% lower than that of the Metals & Mining sector and 100.08% lower than that of the Materials industry. The net income for all Canada stocks is 100.18% higher than that of the company.

Sokoman Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sokoman Minerals' 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 Sokoman Minerals could also be used in its relative valuation, which is a method of valuing Sokoman Minerals by comparing valuation metrics of similar companies.
Sokoman Minerals is currently under evaluation in net income category among its peers.

Sokoman Minerals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sokoman Minerals from analyzing Sokoman Minerals' financial statements. These drivers represent accounts that assess Sokoman Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sokoman Minerals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.9M101.2M48.9M21.9M10.5M13.6M
Enterprise Value12.2M85.8M38.6M17.0M7.9M11.1M

Sokoman Fundamentals

About Sokoman Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sokoman Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sokoman Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sokoman Minerals Corp 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.

Thematic Opportunities

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Additional Tools for Sokoman Stock Analysis

When running Sokoman Minerals' price analysis, check to measure Sokoman Minerals' 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.