Azimut Exploration EBITDA vs. Price To Sales
| AZM Stock | CAD 0.65 0.02 3.17% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -1.2 M | Current Value -1.1 M | Quarterly Volatility 498.4 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.8 | 0.49 |
|
|
For Azimut Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Azimut Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Azimut Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Azimut Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Azimut Exploration over time as well as its relative position and ranking within its peers.
Azimut |
Azimut Exploration Price To Sales vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Azimut Exploration's current stock value. Our valuation model uses many indicators to compare Azimut Exploration value to that of its competitors to determine the firm's financial worth. Azimut Exploration is rated fourth in ebitda category among its peers. It is rated second in price to sales category among its peers . Azimut Exploration reported EBITDA of (1.16 Million) in 2023. 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 Azimut Exploration's earnings, one of the primary drivers of an investment's value.Azimut Price To Sales vs. EBITDA
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.
Azimut Exploration |
| = | (1.29 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Azimut Exploration |
| = | 176.06 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Azimut Price To Sales Comparison
Azimut Exploration is currently under evaluation in price to sales category among its peers.
Azimut Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Azimut Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Azimut Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Azimut Exploration's change in net profit over the period of time. It can combine multiple indicators of Azimut Exploration, 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 | 4.3 M | 4.5 M | |
| Operating Income | -1.2 M | -1.3 M | |
| Net Loss | -1.6 M | -1.6 M | |
| Income Tax Expense | 13.2 K | 13.9 K | |
| Income Before Tax | -1.6 M | -1.7 M | |
| Total Other Income Expense Net | -406 K | -426.3 K | |
| Net Loss | -2.1 M | -2.2 M | |
| Net Income Applicable To Common Shares | 1.9 M | 2 M | |
| Net Interest Income | 298.7 K | 313.7 K | |
| Interest Income | 315.7 K | 331.4 K | |
| Change To Netincome | -2.1 M | -2 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.36 | 0.34 | |
| Net Loss | (1.04) | (0.99) |
Azimut Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Azimut Exploration. 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 Azimut Exploration 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 Azimut Exploration's important profitability drivers and their relationship over time.
Use Azimut Exploration 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 Azimut Exploration 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 Azimut Exploration will appreciate offsetting losses from the drop in the long position's value.Azimut Exploration Pair Trading
Azimut Exploration Pair Trading Analysis
The ability to find closely correlated positions to Azimut Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azimut Exploration 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 Azimut Exploration - 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 Azimut Exploration to buy it.
The correlation of Azimut Exploration 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 Azimut Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azimut Exploration 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 Azimut Exploration 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 Azimut Exploration position
In addition to having Azimut Exploration 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 46 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 Long Short Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Azimut Stock Analysis
When running Azimut Exploration's price analysis, check to measure Azimut Exploration'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 Azimut Exploration is operating at the current time. Most of Azimut Exploration's value examination focuses on studying past and present price action to predict the probability of Azimut Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azimut Exploration's price. Additionally, you may evaluate how the addition of Azimut Exploration to your portfolios can decrease your overall portfolio volatility.