Australian Mines Price To Book vs. EBITDA
| AMSLF Stock | USD 0.01 0 75.00% |
For Australian Mines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Australian Mines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Australian Mines Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Australian Mines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Australian Mines Limited over time as well as its relative position and ranking within its peers.
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Australian Mines EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Australian Mines's current stock value. Our valuation model uses many indicators to compare Australian Mines value to that of its competitors to determine the firm's financial worth. Australian Mines Limited is rated below average in price to book category among its peers. It is rated below average in ebitda category among its peers . 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 Australian Mines' earnings, one of the primary drivers of an investment's value.Australian EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Australian Mines |
| = | 1.07 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Australian Mines |
| = | (5.6 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Australian EBITDA Comparison
Australian Mines is currently under evaluation in ebitda category among its peers.
Australian Mines Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Australian Mines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Australian Mines will eventually generate negative long term returns. The profitability progress is the general direction of Australian Mines' change in net profit over the period of time. It can combine multiple indicators of Australian Mines, 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.
Australian Mines Limited engages in the mining and exploration of mineral properties in Australia. The company was incorporated in 1996 and is based in Brisbane, Australia. Australian Mines operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Australian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Australian Mines. 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 Australian Mines 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 Australian Mines' important profitability drivers and their relationship over time.
Use Australian Mines 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 Australian Mines 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 Australian Mines will appreciate offsetting losses from the drop in the long position's value.Australian Mines Pair Trading
Australian Mines Limited Pair Trading Analysis
The ability to find closely correlated positions to Australian Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Australian Mines 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 Australian Mines - 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 Australian Mines Limited to buy it.
The correlation of Australian Mines 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 Australian Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Australian Mines 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 Australian Mines 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 Australian Mines position
In addition to having Australian Mines 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 Australian Pink Sheet
To fully project Australian Mines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Australian Mines 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 Australian Mines' income statement, its balance sheet, and the statement of cash flows.