B2Gold Corp Current Valuation vs. Cash And Equivalents
| BTO Stock | CAD 3.98 0.02 0.51% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.64 | 0.6113 |
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For B2Gold Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of B2Gold Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well B2Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between B2Gold Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of B2Gold Corp over time as well as its relative position and ranking within its peers.
B2Gold |
B2Gold Corp Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining B2Gold Corp's current stock value. Our valuation model uses many indicators to compare B2Gold Corp value to that of its competitors to determine the firm's financial worth. B2Gold Corp is the top company in current valuation category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 0.13 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for B2Gold Corp is roughly 7.56 . At this time, B2Gold Corp's Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value B2Gold Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for B2Gold Corp'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.B2Gold Current Valuation vs. Competition
B2Gold Corp is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 9.13 Billion. B2Gold Corp totals roughly 4.93 Billion in current valuation claiming about 54% of all equities under Materials industry.
B2Gold Cash And Equivalents 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.
B2Gold Corp |
| = | 4.93 B |
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.
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.
B2Gold Corp |
| = | 651.95 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).
B2Gold Cash And Equivalents Comparison
B2Gold Corp is currently under evaluation in cash and equivalents category among its peers.
B2Gold Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in B2Gold Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, B2Gold Corp will eventually generate negative long term returns. The profitability progress is the general direction of B2Gold Corp's change in net profit over the period of time. It can combine multiple indicators of B2Gold Corp, 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 | -125.3 M | -119 M | |
| Operating Income | 327.4 M | 343.8 M | |
| Income Before Tax | 320.3 M | 177.7 M | |
| Total Other Income Expense Net | -362 M | -343.9 M | |
| Net Income | 41.6 M | 80.7 M | |
| Income Tax Expense | 278.7 M | 292.7 M | |
| Net Income From Continuing Ops | 41.6 M | 39.5 M | |
| Net Income Applicable To Common Shares | 290.8 M | 305.3 M | |
| Interest Income | 18.5 M | 16.1 M | |
| Net Interest Income | 4.6 M | 4.8 M | |
| Change To Netincome | 54.2 M | 46.7 M | |
| Net Income Per Share | 0.01 | 0.01 | |
| Income Quality | 17.18 | 18.04 | |
| Net Income Per E B T | 0.03 | 0.03 |
B2Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on B2Gold Corp. 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 B2Gold Corp 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 B2Gold Corp's important profitability drivers and their relationship over time.
Use B2Gold Corp 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 B2Gold Corp 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 B2Gold Corp will appreciate offsetting losses from the drop in the long position's value.B2Gold Corp Pair Trading
B2Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to B2Gold Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B2Gold Corp 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 B2Gold Corp - 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 B2Gold Corp to buy it.
The correlation of B2Gold Corp 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 B2Gold Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B2Gold 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 B2Gold Corp 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 B2Gold Corp position
In addition to having B2Gold Corp 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 144 constituents at this time.
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Check out Trending Equities. To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project B2Gold Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of B2Gold Corp 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 B2Gold Corp's income statement, its balance sheet, and the statement of cash flows.