Aya Gold Gross Profit vs. Cash And Equivalents
| AYA Stock | CAD 13.18 0.15 1.15% |
Gross Profit | First Reported 2008-03-31 | Previous Quarter 336 K | Current Value 4.9 M | Quarterly Volatility 1.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.26 | 0.3689 |
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For Aya Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aya Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aya Gold Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aya Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aya Gold Silver over time as well as its relative position and ranking within its peers.
Aya |
Aya Gold Silver Cash And Equivalents vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aya Gold's current stock value. Our valuation model uses many indicators to compare Aya Gold value to that of its competitors to determine the firm's financial worth. Aya Gold Silver is rated second in gross profit category among its peers. It also is rated second in cash and equivalents category among its peers creating about 3.83 of Cash And Equivalents per Gross Profit. At this time, Aya Gold's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Aya Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aya Gold's 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.Aya Cash And Equivalents vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Aya Gold |
| = | 10.28 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aya Gold |
| = | 39.36 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Aya Cash And Equivalents Comparison
Aya Gold is currently under evaluation in cash and equivalents category among its peers.
Aya Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aya Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aya Gold will eventually generate negative long term returns. The profitability progress is the general direction of Aya Gold's change in net profit over the period of time. It can combine multiple indicators of Aya 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 | -7.8 M | -7.4 M | |
| Operating Income | 4.9 M | 5.2 M | |
| Net Income | 5.3 M | 5.6 M | |
| Income Tax Expense | 3.9 M | 4.1 M | |
| Income Before Tax | 9.2 M | 9.7 M | |
| Total Other Income Expense Net | 1.9 M | 2 M | |
| Interest Income | 2.5 M | 2.6 M | |
| Net Income Applicable To Common Shares | 535.5 K | 562.2 K | |
| Net Interest Income | 2.4 M | 2.5 M | |
| Net Income From Continuing Ops | 5.3 M | 5.6 M | |
| Change To Netincome | 7.9 M | 8.3 M | |
| Net Income Per Share | 0.04 | 0.04 | |
| Income Quality | 3.85 | 4.04 | |
| Net Income Per E B T | 0.60 | 0.53 |
Aya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aya 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 Aya 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 Aya Gold's important profitability drivers and their relationship over time.
Use Aya 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 Aya 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 Aya Gold will appreciate offsetting losses from the drop in the long position's value.Aya Gold Pair Trading
Aya Gold Silver Pair Trading Analysis
The ability to find closely correlated positions to Aya 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 Aya 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 Aya 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 Aya Gold Silver to buy it.
The correlation of Aya 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 Aya Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aya Gold Silver 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 Aya 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 Aya Gold position
In addition to having Aya 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Other Information on Investing in Aya Stock
To fully project Aya Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aya Gold Silver 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 Aya Gold's income statement, its balance sheet, and the statement of cash flows.