Big Ridge Current Ratio vs. Number Of Employees
| ALVLF Stock | USD 0.07 0 6.33% |
For Big Ridge profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Big Ridge to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Big Ridge Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Big Ridge's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Big Ridge Gold over time as well as its relative position and ranking within its peers.
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Big Ridge Gold Number Of Employees vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Big Ridge's current stock value. Our valuation model uses many indicators to compare Big Ridge value to that of its competitors to determine the firm's financial worth. Big Ridge Gold is number one stock in current ratio category among its peers. It is rated below average in number of employees category among its peers creating about 0.49 of Number Of Employees per Current Ratio. The ratio of Current Ratio to Number Of Employees for Big Ridge Gold is roughly 2.03 . 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 Big Ridge's earnings, one of the primary drivers of an investment's value.Big Number Of Employees vs. Current Ratio
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.
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| = | 4.05 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).
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
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| = | 2 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Big Number Of Employees vs Competition
Big Ridge Gold is rated below average in number of employees category among its peers. The total workforce of Gold industry is presently estimated at about 90.0. Big Ridge holds roughly 2.0 in number of employees claiming about 2.22% of equities under Gold industry.
Big Ridge Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Big Ridge, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Big Ridge will eventually generate negative long term returns. The profitability progress is the general direction of Big Ridge's change in net profit over the period of time. It can combine multiple indicators of Big Ridge, 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.
Big Ridge Gold Corp. owns and operates gold exploration projects in Canada. The company was formerly known as Alto Ventures Ltd. and changed its name to Big Ridge Gold Corp. in September 2020.Big Ridge Gold Corp. was incorporated in 1987 and is headquartered in Vancouver, Canada. Alto Ventures is traded on OTC Exchange in the United States.
Big Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Big Ridge. 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 Big Ridge 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 Big Ridge's important profitability drivers and their relationship over time.
Use Big Ridge 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 Big Ridge 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 Big Ridge will appreciate offsetting losses from the drop in the long position's value.Big Ridge Pair Trading
Big Ridge Gold Pair Trading Analysis
The ability to find closely correlated positions to Big Ridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Ridge 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 Big Ridge - 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 Big Ridge Gold to buy it.
The correlation of Big Ridge 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 Big Ridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Ridge Gold 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 Big Ridge 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 Big Ridge position
In addition to having Big Ridge 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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Impulse
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 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 Impulse Theme or any other thematic opportunities.
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Other Information on Investing in Big OTC Stock
To fully project Big Ridge's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Big Ridge Gold 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 Big Ridge's income statement, its balance sheet, and the statement of cash flows.