American Lithium Book Value Per Share vs. Total Debt
| 5LA1 Stock | EUR 0.64 0.02 3.03% |
For American Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of American Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well American Lithium Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between American Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of American Lithium Corp over time as well as its relative position and ranking within its peers.
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American Lithium Corp Total Debt vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining American Lithium's current stock value. Our valuation model uses many indicators to compare American Lithium value to that of its competitors to determine the firm's financial worth. American Lithium Corp is number one stock in book value per share category among its peers. It also is the top company in total debt category among its peers making up about 696,917 of Total Debt per Book Value Per Share. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the American Lithium's earnings, one of the primary drivers of an investment's value.American Total Debt vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 0.87 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
American Lithium |
| = | 607.01 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
American Total Debt vs Competition
American Lithium Corp is the top company in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is presently estimated at about 10.79 Billion. American Lithium adds roughly 607,015 in total debt claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
American Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in American Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, American Lithium will eventually generate negative long term returns. The profitability progress is the general direction of American Lithium's change in net profit over the period of time. It can combine multiple indicators of American Lithium, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada. AMERICAN LITHIUM is traded on Frankfurt Stock Exchange in Germany.
American Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on American Lithium. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of American Lithium position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the American Lithium's important profitability drivers and their relationship over time.
Use American Lithium in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Lithium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Lithium will appreciate offsetting losses from the drop in the long position's value.American Lithium Pair Trading
American Lithium Corp Pair Trading Analysis
The ability to find closely correlated positions to American Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Lithium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Lithium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Lithium Corp to buy it.
The correlation of American Lithium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Lithium Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Lithium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your American Lithium position
In addition to having American Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 constituents at this time.
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Additional Information and Resources on Investing in American Stock
When determining whether American Lithium Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Lithium Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Lithium Corp Stock:Check out Trending Equities. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project American Lithium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of American Lithium Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include American Lithium's income statement, its balance sheet, and the statement of cash flows.