Sun Summit Minerals Stock Debt To Equity

SMN Stock  CAD 0.12  0.02  14.29%   
Sun Summit Minerals fundamentals help investors to digest information that contributes to Sun Summit's financial success or failures. It also enables traders to predict the movement of Sun Stock. The fundamental analysis module provides a way to measure Sun Summit'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 Sun Summit stock.
Last ReportedProjected for Next Year
Debt To Equity 0.01  0.01 
Debt To Equity is likely to drop to 0.01 in 2024.
  
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Sun Summit Minerals Company Debt To Equity Analysis

Sun Summit's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Sun Summit Debt To Equity

    
  0.07 %  
Most of Sun Summit's fundamental indicators, such as Debt To Equity, 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, Sun Summit Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sun Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Sun Summit is extremely important. It helps to project a fair market value of Sun Stock properly, considering its historical fundamentals such as Debt To Equity. Since Sun Summit'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 Sun Summit'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 Sun Summit's interrelated accounts and indicators.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition

Sun Total Stockholder Equity

Total Stockholder Equity

1.71 Million

At this time, Sun Summit's Total Stockholder Equity is fairly stable compared to the past year.
According to the company disclosure, Sun Summit Minerals has a Debt To Equity of 0.07%. This is 99.89% lower than that of the Metals & Mining sector and 99.89% lower than that of the Materials industry. The debt to equity for all Canada stocks is 99.86% higher than that of the company.

Sun Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sun Summit's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sun Summit could also be used in its relative valuation, which is a method of valuing Sun Summit by comparing valuation metrics of similar companies.
Sun Summit is currently under evaluation in debt to equity category among its peers.

Sun Fundamentals

About Sun Summit Fundamental Analysis

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

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