Sky Gold Corp Stock Net Income
| 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 Reported | Projected for Next Year | ||
| Net Loss | -5.5 M | -5.2 M | |
| Net Loss | -5.5 M | -5.2 M | |
| Net Loss | -797.9 K | -837.8 K | |
| Net Loss | (0.01) | (0.01) | |
| Net Income Per E B T | 0.90 | 0.80 |
Sky | Net Income |
Sky Gold Corp Company Net Income Analysis
Sky Gold'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 Sky Gold Net Income | (6.1 M) |
Most of Sky Gold'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, Sky Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sky Net Income 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 Net Income. 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.
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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 |
Sky Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Sky Gold Corp reported net income of (6.1 Million). This is 49.33% lower than that of the Metals & Mining sector and 100.49% lower than that of the Materials industry. The net income for all Canada stocks is 101.07% higher than that of the company.
Sky Net Income 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 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 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 net income 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.1M | 9.9M | 3.5M | 2.9M | 1.9M | 2.2M | |
| Enterprise Value | 2.0M | 8.9M | 3.5M | 2.9M | 1.7M | 2.1M |
Sky Fundamentals
| Return On Equity | -0.75 | ||||
| Return On Asset | -0.36 | ||||
| Current Valuation | 1.63 M | ||||
| Shares Outstanding | 54.75 M | ||||
| Shares Owned By Insiders | 4.55 % | ||||
| Number Of Shares Shorted | 605 | ||||
| Price To Book | 2.00 X | ||||
| EBITDA | 4.84 M | ||||
| Net Income | (6.1 M) | ||||
| Cash And Equivalents | 3.65 K | ||||
| Total Debt | 5 K | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (527.65 K) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 1.86 | ||||
| Market Capitalization | 1.64 M | ||||
| Total Asset | 579.12 K | ||||
| Retained Earnings | (21.84 M) | ||||
| Working Capital | (63.1 K) | ||||
| Net Asset | 579.12 K |
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.
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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.