Aspire Mining Gross Profit vs. Revenue
| AKM Stock | 0.29 0.01 3.57% |
Gross Profit | First Reported 2008-03-31 | Previous Quarter -61.8 K | Current Value 29.2 K | Quarterly Volatility 411.2 K |
For Aspire Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aspire Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aspire Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aspire Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aspire Mining over time as well as its relative position and ranking within its peers.
Aspire |
Aspire Mining Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aspire Mining's current stock value. Our valuation model uses many indicators to compare Aspire Mining value to that of its competitors to determine the firm's financial worth. Aspire Mining is number one stock in gross profit category among its peers. It also is the top company in revenue category among its peers totaling about 0.11 of Revenue per Gross Profit. The ratio of Gross Profit to Revenue for Aspire Mining is roughly 9.24 . At this time, Aspire Mining's Gross Profit is comparatively 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 Aspire Mining's earnings, one of the primary drivers of an investment's value.Aspire Revenue vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Aspire Mining |
| = | 764.99 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Aspire Mining |
| = | 82.75 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Aspire Revenue vs Competition
Aspire Mining is the top company in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 7.46 Billion. Aspire Mining adds roughly 82,755 in revenue claiming only tiny portion of all equities under Materials industry.
Aspire Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aspire Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aspire Mining will eventually generate negative long term returns. The profitability progress is the general direction of Aspire Mining's change in net profit over the period of time. It can combine multiple indicators of Aspire Mining, 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 | -29.3 M | -27.9 M | |
| Operating Income | -2 M | -2.1 M | |
| Income Before Tax | -9.9 M | -9.4 M | |
| Total Other Income Expense Net | -7.8 M | -7.4 M | |
| Net Loss | -9.9 M | -9.4 M | |
| Income Tax Expense | 24.5 K | 23.2 K | |
| Net Loss | -644 K | -676.2 K | |
| Net Loss | -640.7 K | -672.8 K | |
| Interest Income | 1.5 M | 830.4 K | |
| Net Interest Income | 879.7 K | 923.7 K | |
| Change To Netincome | -1.1 M | -1 M |
Aspire Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aspire Mining. 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 Aspire Mining 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 Aspire Mining's important profitability drivers and their relationship over time.
Use Aspire Mining 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 Aspire Mining 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 Aspire Mining will appreciate offsetting losses from the drop in the long position's value.Aspire Mining Pair Trading
Aspire Mining Pair Trading Analysis
The ability to find closely correlated positions to Aspire Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspire Mining 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 Aspire Mining - 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 Aspire Mining to buy it.
The correlation of Aspire Mining 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 Aspire Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspire Mining 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 Aspire Mining 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 Aspire Mining position
In addition to having Aspire Mining 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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Additional Tools for Aspire Stock Analysis
When running Aspire Mining's price analysis, check to measure Aspire Mining'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 Aspire Mining is operating at the current time. Most of Aspire Mining's value examination focuses on studying past and present price action to predict the probability of Aspire Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspire Mining's price. Additionally, you may evaluate how the addition of Aspire Mining to your portfolios can decrease your overall portfolio volatility.