Sky Gold Corp Stock EBITDA

SKYG Stock  CAD 0.03  0.01  14.29%   
Sky Gold Corp fundamentals help investors to digest information that contributes to Sky Gold's financial success or failures. It also enables traders to predict the movement of Sky Stock. The fundamental analysis module provides a way to measure Sky 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 Sky Gold stock.
Last ReportedProjected for Next Year
EBITDA5.6 M5.8 M
EBITDA is likely to climb to about 5.8 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sky Gold Corp Company EBITDA Analysis

Sky Gold'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.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Sky Gold EBITDA

    
  4.84 M  
Most of Sky Gold'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, Sky Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sky EBITDA Driver Correlations

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

Sky Ebitda

Ebitda

5.85 Million

At this time, Sky Gold's EBITDA is fairly stable compared to the past year.
According to the company disclosure, Sky Gold Corp reported earnings before interest,tax, depreciation and amortization of 4.84 M. This is 99.39% lower than that of the Metals & Mining sector and 99.84% lower than that of the Materials industry. The ebitda for all Canada stocks is 99.88% higher than that of the company.

Sky EBITDA Peer Comparison

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

Sky Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sky Gold from analyzing Sky Gold's financial statements. These drivers represent accounts that assess Sky Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sky Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.1M9.9M3.5M2.9M1.9M2.2M
Enterprise Value2.0M8.9M3.5M2.9M1.7M2.1M

Sky Fundamentals

About Sky Gold Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Sky Stock Analysis

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