Almaden Minerals Current Valuation vs. Total Debt
| AMM Stock | CAD 0.06 0.01 8.33% |
For Almaden Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Almaden Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Almaden Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Almaden Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Almaden Minerals over time as well as its relative position and ranking within its peers.
Almaden |
Almaden Minerals Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Almaden Minerals's current stock value. Our valuation model uses many indicators to compare Almaden Minerals value to that of its competitors to determine the firm's financial worth. Almaden Minerals is rated fifth in current valuation category among its peers. It is rated fourth in total debt category among its peers making up about 0.47 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Almaden Minerals is roughly 2.11 . As of the 30th of November 2024, Total Debt To Capitalization is likely to grow to 0.40. Comparative valuation analysis is a catch-all model that can be used if you cannot value Almaden Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Almaden Minerals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Almaden Current Valuation vs. Competition
Almaden Minerals is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 4.78 Billion. Almaden Minerals adds roughly 10 Million in current valuation claiming only tiny portion of all equities under Materials industry.
Almaden Total Debt vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Almaden Minerals |
| = | 10 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Almaden Minerals |
| = | 4.75 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.
Almaden Total Debt vs Competition
Almaden Minerals is rated fourth in total debt category among its peers. Total debt of Materials industry is presently estimated at about 436.34 Million. Almaden Minerals claims roughly 4.75 Million in total debt contributing just under 2% to all equities under Materials industry.
Almaden Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Almaden Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Almaden Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Almaden Minerals' change in net profit over the period of time. It can combine multiple indicators of Almaden Minerals, 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 | 23.4 M | 24.5 M | |
| Operating Income | -4.3 M | -4.5 M | |
| Income Before Tax | -66.7 M | -63.4 M | |
| Total Other Income Expense Net | -62.5 M | -59.3 M | |
| Net Loss | -63.6 M | -60.4 M | |
| Income Tax Expense | -3.1 M | -2.9 M | |
| Net Loss | -63.6 M | -60.4 M | |
| Net Loss | -13.6 M | -12.9 M | |
| Interest Income | 370.7 K | 249.5 K | |
| Net Interest Income | -209.5 K | -199 K | |
| Change To Netincome | 11.9 M | 12.5 M | |
| Net Loss | (0.46) | (0.44) | |
| Income Quality | 0.02 | 0.02 | |
| Net Income Per E B T | 0.95 | 0.73 |
Almaden Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Almaden Minerals. 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 Almaden Minerals 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 Almaden Minerals' important profitability drivers and their relationship over time.
Use Almaden Minerals 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 Almaden Minerals 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 Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.Almaden Minerals Pair Trading
Almaden Minerals Pair Trading Analysis
The ability to find closely correlated positions to Almaden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almaden Minerals 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 Almaden Minerals - 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 Almaden Minerals to buy it.
The correlation of Almaden Minerals 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 Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden Minerals 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 Almaden Minerals 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 Almaden Minerals position
In addition to having Almaden Minerals 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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Other Information on Investing in Almaden Stock
To fully project Almaden Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Almaden Minerals 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 Almaden Minerals' income statement, its balance sheet, and the statement of cash flows.