Bluestone Resources Total Debt vs. Cash Per Share
| BBSRF Stock | USD 0.22 0.01 4.35% |
For Bluestone Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bluestone Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bluestone Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bluestone Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bluestone Resources over time as well as its relative position and ranking within its peers.
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Bluestone Resources Cash Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bluestone Resources's current stock value. Our valuation model uses many indicators to compare Bluestone Resources value to that of its competitors to determine the firm's financial worth. Bluestone Resources is the top company in total debt category among its peers. It also is number one stock in cash per share category among its peers . The ratio of Total Debt to Cash Per Share for Bluestone Resources is about 50,000,000 . 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 Bluestone Resources' earnings, one of the primary drivers of an investment's value.Bluestone Total Debt vs. Competition
Bluestone Resources is the top company in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is currently estimated at about 21.2 Million. Bluestone Resources holds roughly 1,000,000 in total debt claiming about 5% of all equities under Other Industrial Metals & Mining industry.
Bluestone Cash Per Share vs. Total Debt
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.
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| = | 1000 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.02 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Bluestone Cash Per Share Comparison
Bluestone Resources is currently under evaluation in cash per share category among its peers.
Bluestone Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bluestone Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bluestone Resources will eventually generate negative long term returns. The profitability progress is the general direction of Bluestone Resources' change in net profit over the period of time. It can combine multiple indicators of Bluestone 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.
Bluestone Resources Inc. engages in the exploration and development of mineral properties. Bluestone Resources Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada. Bluestone Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Bluestone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bluestone 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 Bluestone 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 Bluestone Resources' important profitability drivers and their relationship over time.
Use Bluestone 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 Bluestone 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 Bluestone Resources will appreciate offsetting losses from the drop in the long position's value.Bluestone Resources Pair Trading
Bluestone Resources Pair Trading Analysis
The ability to find closely correlated positions to Bluestone 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 Bluestone 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 Bluestone 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 Bluestone Resources to buy it.
The correlation of Bluestone 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 Bluestone Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bluestone Resources 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 Bluestone 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 Bluestone Resources position
In addition to having Bluestone 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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Other Information on Investing in Bluestone OTC Stock
To fully project Bluestone Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bluestone Resources 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 Bluestone Resources' income statement, its balance sheet, and the statement of cash flows.