Auxico Resources Revenue vs. Net Income
| AUXIF Stock | USD 0.01 0.00 0.00% |
For Auxico Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Auxico Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Auxico Resources Canada utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Auxico Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Auxico Resources Canada over time as well as its relative position and ranking within its peers.
Auxico |
Auxico Resources Canada Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Auxico Resources's current stock value. Our valuation model uses many indicators to compare Auxico Resources value to that of its competitors to determine the firm's financial worth. Auxico Resources Canada is the top company in revenue category among its peers. It is rated below average in net income 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 Auxico Resources' earnings, one of the primary drivers of an investment's value.Auxico Revenue vs. Competition
Auxico Resources Canada is the top company in revenue category among its peers. Market size based on revenue of Other Precious Metals & Mining industry is presently estimated at about 1.54 Million. Auxico Resources totals roughly 768,544 in revenue claiming about 50% of all equities under Other Precious Metals & Mining industry.
Auxico Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Auxico Resources |
| = | 768.54 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Auxico Resources |
| = | (30.7 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Auxico Net Income Comparison
Auxico Resources is currently under evaluation in net income category among its peers.
Auxico Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Auxico Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Auxico Resources will eventually generate negative long term returns. The profitability progress is the general direction of Auxico Resources' change in net profit over the period of time. It can combine multiple indicators of Auxico Resources, 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.
Auxico Resources Canada Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of silver-gold properties in Canada, Mexico, Bolivia, Colombia, Brazil, and the Democratic Republic of the Congo. Auxico Resources Canada Inc. was incorporated in 2014 and is headquartered in Montreal, Canada. Auxico Res is traded on OTC Exchange in the United States.
Auxico Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Auxico Resources. 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 Auxico Resources 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 Auxico Resources' important profitability drivers and their relationship over time.
Use Auxico Resources 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 Auxico Resources 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 Auxico Resources will appreciate offsetting losses from the drop in the long position's value.Auxico Resources Pair Trading
Auxico Resources Canada Pair Trading Analysis
The ability to find closely correlated positions to Auxico Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auxico Resources 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 Auxico Resources - 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 Auxico Resources Canada to buy it.
The correlation of Auxico Resources 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 Auxico Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auxico Resources Canada 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 Auxico Resources 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 Auxico Resources position
In addition to having Auxico Resources 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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Restaurants
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 38 constituents at this time.
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Other Information on Investing in Auxico Pink Sheet
To fully project Auxico Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Auxico Resources Canada 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 Auxico Resources' income statement, its balance sheet, and the statement of cash flows.