AbraSilver Resource Total Debt vs. Current Ratio
| ABRA Stock | CAD 2.72 0.04 1.45% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.52 | 0.5802 |
|
|
For AbraSilver Resource profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AbraSilver Resource to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AbraSilver Resource Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AbraSilver Resource's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AbraSilver Resource Corp over time as well as its relative position and ranking within its peers.
AbraSilver |
AbraSilver Resource Corp Current Ratio vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AbraSilver Resource's current stock value. Our valuation model uses many indicators to compare AbraSilver Resource value to that of its competitors to determine the firm's financial worth. AbraSilver Resource Corp is rated second in total debt category among its peers. It is number one stock in current ratio category among its peers . The ratio of Total Debt to Current Ratio for AbraSilver Resource Corp is about 131,473 . At this time, AbraSilver Resource's Current Ratio is fairly stable compared to the past year. 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 AbraSilver Resource's earnings, one of the primary drivers of an investment's value.AbraSilver Total Debt vs. Competition
AbraSilver Resource Corp is rated second in total debt category among its peers. Total debt of Materials industry is presently estimated at about 28.25 Million. AbraSilver Resource totals roughly 8.21 Million in total debt claiming about 29% of all equities under Materials industry.
AbraSilver Current Ratio vs. Total Debt
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.
AbraSilver Resource |
| = | 8.21 M |
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
AbraSilver Resource |
| = | 62.44 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
AbraSilver Current Ratio Comparison
AbraSilver Resource is currently under evaluation in current ratio category among its peers.
AbraSilver Resource Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AbraSilver Resource, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AbraSilver Resource will eventually generate negative long term returns. The profitability progress is the general direction of AbraSilver Resource's change in net profit over the period of time. It can combine multiple indicators of AbraSilver Resource, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 7.7 M | 8.1 M | |
| Operating Income | -29.5 M | -28 M | |
| Income Before Tax | -18.8 M | -17.9 M | |
| Total Other Income Expense Net | 10.7 M | 11.2 M | |
| Net Loss | -18.8 M | -17.9 M | |
| Income Tax Expense | 4.00 | 4.20 | |
| Net Loss | -18.8 M | -17.9 M | |
| Net Loss | -17 M | -16.1 M | |
| Net Interest Income | -626.5 K | -595.1 K | |
| Interest Income | 361.8 K | 244.9 K | |
| Change To Netincome | -405.8 K | -426 K | |
| Net Loss | (0.17) | (0.18) | |
| Income Quality | 1.47 | 1.54 | |
| Net Income Per E B T | 1.19 | 1.03 |
AbraSilver Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AbraSilver Resource. 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 AbraSilver Resource 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 AbraSilver Resource's important profitability drivers and their relationship over time.
Use AbraSilver Resource 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 AbraSilver Resource 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 AbraSilver Resource will appreciate offsetting losses from the drop in the long position's value.AbraSilver Resource Pair Trading
AbraSilver Resource Corp Pair Trading Analysis
The ability to find closely correlated positions to AbraSilver Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AbraSilver Resource 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 AbraSilver Resource - 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 AbraSilver Resource Corp to buy it.
The correlation of AbraSilver Resource 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 AbraSilver Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AbraSilver Resource 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 AbraSilver Resource 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 AbraSilver Resource position
In addition to having AbraSilver Resource 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?
Run Transportation Thematic Idea Now
Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Transportation Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for AbraSilver Stock Analysis
When running AbraSilver Resource's price analysis, check to measure AbraSilver Resource'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 AbraSilver Resource is operating at the current time. Most of AbraSilver Resource's value examination focuses on studying past and present price action to predict the probability of AbraSilver Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbraSilver Resource's price. Additionally, you may evaluate how the addition of AbraSilver Resource to your portfolios can decrease your overall portfolio volatility.