Austin Gold Current Valuation vs. Total Debt
| AUST Stock | USD 1.95 0.04 2.01% |
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 Total Debt vs. Current Valuation 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 rated below average in current valuation category among its peers. It is rated second in total debt category among its peers making up about 0.03 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Austin Gold Corp is roughly 30.58 . 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 Current Valuation vs. Competition
Austin Gold Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 700.6 Million. Austin Gold holds roughly 20.69 Million in current valuation claiming about 2.95% of all equities under Materials industry.
Austin 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.
Austin Gold |
| = | 20.69 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.
Austin Gold |
| = | 676.61 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.
Austin Total Debt vs Competition
Austin Gold Corp is rated second in total debt category among its peers. Total debt of Materials industry is presently estimated at about 13.48 Million. Austin Gold holds roughly 676,605 in total debt claiming about 5% of all equities under Materials industry.
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.
Use Austin Gold 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 Austin Gold 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 Austin Gold will appreciate offsetting losses from the drop in the long position's value.Austin Gold Pair Trading
Austin Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Austin Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Austin Gold 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 Austin Gold - 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 Austin Gold Corp to buy it.
The correlation of Austin Gold 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 Austin Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Austin Gold 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 Austin Gold 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 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
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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.