Alliance Mining Earnings Per Share vs. Total Debt
| ALM Stock | CAD 0.14 0.00 0.00% |
For Alliance Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alliance Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alliance Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alliance Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alliance Mining Corp over time as well as its relative position and ranking within its peers.
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Alliance Mining Corp Total Debt vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alliance Mining's current stock value. Our valuation model uses many indicators to compare Alliance Mining value to that of its competitors to determine the firm's financial worth. Alliance Mining Corp is number one stock in earnings per share category among its peers. It also is the top company in total debt category among its peers making up about 6,155,775 of Total Debt per Earnings 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 Alliance Mining's earnings, one of the primary drivers of an investment's value.Alliance Total Debt vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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| = | 0.04 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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.
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| = | 246.23 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.
Alliance Total Debt vs Competition
Alliance Mining Corp is the top company in total debt category among its peers. Total debt of Materials industry is presently estimated at about 954.16 Million. Alliance Mining adds roughly 246,231 in total debt claiming only tiny portion of all equities under Materials industry.
Alliance Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alliance Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alliance Mining will eventually generate negative long term returns. The profitability progress is the general direction of Alliance Mining's change in net profit over the period of time. It can combine multiple indicators of Alliance 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.
Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company was incorporated in 2002 and is headquartered in Vancouver, Canada. ALLIANCE MINING operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Alliance Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alliance 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 Alliance 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 Alliance Mining's important profitability drivers and their relationship over time.
Use Alliance 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 Alliance 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 Alliance Mining will appreciate offsetting losses from the drop in the long position's value.Alliance Mining Pair Trading
Alliance Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Alliance 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 Alliance 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 Alliance 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 Alliance Mining Corp to buy it.
The correlation of Alliance 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 Alliance Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliance Mining 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 Alliance 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 Alliance Mining position
In addition to having Alliance 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 Alliance Stock Analysis
When running Alliance Mining's price analysis, check to measure Alliance 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 Alliance Mining is operating at the current time. Most of Alliance Mining's value examination focuses on studying past and present price action to predict the probability of Alliance 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 Alliance Mining's price. Additionally, you may evaluate how the addition of Alliance Mining to your portfolios can decrease your overall portfolio volatility.