Soma Gold Corp Stock Net Income

SOMA Stock  CAD 0.54  0.03  5.88%   
Soma Gold Corp fundamentals help investors to digest information that contributes to Soma Gold's financial success or failures. It also enables traders to predict the movement of Soma Stock. The fundamental analysis module provides a way to measure Soma 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 Soma Gold stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops2.8 M2.9 M
Net Income Applicable To Common Shares7.7 M8.1 M
Net Income2.8 M2.9 M
Net Income Per Share 0.03  0.03 
Net Income Per E B T 0.20  0.19 
At this time, Soma Gold's Net Income From Continuing Ops is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to climb to about 8.1 M in 2024, whereas Net Income Per E B T is likely to drop 0.19 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.

Soma Gold Corp Company Net Income Analysis

Soma 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Soma Gold Net Income

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

Soma Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Soma Gold is extremely important. It helps to project a fair market value of Soma Stock properly, considering its historical fundamentals such as Net Income. Since Soma 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 Soma 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 Soma Gold's 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

Soma Net Interest Income

Net Interest Income

(6.16 Million)

Soma Gold reported Net Interest Income of (6.48 Million) in 2023
Based on the recorded statements, Soma Gold Corp reported net income of 2.8 M. This is 123.24% lower than that of the Metals & Mining sector and 102.02% lower than that of the Materials industry. The net income for all Canada stocks is 99.51% higher than that of the company.

Soma Net Income Peer Comparison

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

Soma Fundamentals

About Soma Gold Fundamental Analysis

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

When running Soma Gold's price analysis, check to measure Soma 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 Soma Gold is operating at the current time. Most of Soma Gold's value examination focuses on studying past and present price action to predict the probability of Soma 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 Soma Gold's price. Additionally, you may evaluate how the addition of Soma Gold to your portfolios can decrease your overall portfolio volatility.