Austin Gold Current Ratio vs. Price To Book
| AUST Stock | USD 1.95 0.04 2.01% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 14.36066981 | Current Value 13.64 | Quarterly Volatility 27.63829488 |
For Austin Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Austin Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Austin Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Austin Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Austin Gold Corp over time as well as its relative position and ranking within its peers.
Austin |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Austin Gold. If investors know Austin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Austin Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.31) | Return On Assets (0.19) | Return On Equity (0.36) |
The market value of Austin Gold Corp is measured differently than its book value, which is the value of Austin that is recorded on the company's balance sheet. Investors also form their own opinion of Austin Gold's value that differs from its market value or its book value, called intrinsic value, which is Austin Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Austin Gold's market value can be influenced by many factors that don't directly affect Austin Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Austin Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Austin Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Austin Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Austin Gold Corp Price To Book vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Austin Gold's current stock value. Our valuation model uses many indicators to compare Austin Gold value to that of its competitors to determine the firm's financial worth. Austin Gold Corp is number one stock in current ratio category among its peers. It is rated third in price to book category among its peers fabricating about 0.06 of Price To Book per Current Ratio. The ratio of Current Ratio to Price To Book for Austin Gold Corp is roughly 17.11 . At this time, Austin Gold's Current Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Austin Gold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Austin Price To Book 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.
Austin Gold |
| = | 45.90 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).
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.
Austin Gold |
| = | 2.68 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.
Austin Price To Book Comparison
Austin Gold is currently under evaluation in price to book category among its peers.
Austin Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Austin Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Austin Gold will eventually generate negative long term returns. The profitability progress is the general direction of Austin Gold's change in net profit over the period of time. It can combine multiple indicators of Austin Gold, 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 | 1.8 M | 1.9 M | |
| Operating Income | -3 M | -2.8 M | |
| Net Loss | -4 M | -3.8 M | |
| Income Before Tax | -5.3 M | -5 M | |
| Total Other Income Expense Net | -2.3 M | -2.2 M | |
| Net Loss | -1.2 M | -1.3 M | |
| Net Loss | -4 M | -3.8 M | |
| Income Tax Expense | 205.37 | 215.64 | |
| Net Interest Income | 493.7 K | 248.2 K | |
| Interest Income | 493.7 K | 248.2 K | |
| Change To Netincome | -471.7 K | -448.2 K | |
| Net Loss | (0.40) | (0.38) | |
| Income Quality | 0.42 | 0.57 | |
| Net Income Per E B T | 1.00 | 1.02 |
Austin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Austin Gold. 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 Austin Gold 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 Austin Gold's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Austin Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Piotroski F Score Now
Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
| All Next | Launch Module |
Use Investing Themes to Complement your Austin Gold position
In addition to having Austin Gold 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?
Run Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Austin Stock Analysis
When running Austin Gold's price analysis, check to measure Austin Gold'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 Austin Gold is operating at the current time. Most of Austin Gold's value examination focuses on studying past and present price action to predict the probability of Austin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austin Gold's price. Additionally, you may evaluate how the addition of Austin Gold to your portfolios can decrease your overall portfolio volatility.