Commerce Resources Shares Outstanding vs. EBITDA

CCE Stock  CAD 0.08  0.01  11.11%   
Based on Commerce Resources' profitability indicators, Commerce Resources Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Commerce Resources' ability to earn profits and add value for shareholders. At this time, Commerce Resources' Income Quality is fairly stable compared to the past year. Current Ratio is likely to climb to 12.69 in 2024, whereas PTB Ratio is likely to drop 0.14 in 2024.
For Commerce Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Commerce Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Commerce Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Commerce Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Commerce Resources Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Commerce Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Commerce Resources Corp EBITDA vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Commerce Resources's current stock value. Our valuation model uses many indicators to compare Commerce Resources value to that of its competitors to determine the firm's financial worth.
Commerce Resources Corp is rated second in shares outstanding category among its peers. It is rated third in ebitda category among its peers . Commerce Resources reported EBITDA of (1.49 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 Commerce Resources' earnings, one of the primary drivers of an investment's value.

Commerce EBITDA vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Commerce Resources

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
212.02 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Commerce Resources

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(1.66 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.

Commerce EBITDA Comparison

Commerce Resources is currently under evaluation in ebitda category among its peers.

Commerce Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Commerce Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Commerce Resources will eventually generate negative long term returns. The profitability progress is the general direction of Commerce Resources' change in net profit over the period of time. It can combine multiple indicators of Commerce 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income12.7 M13.3 M
Operating Income-1.9 M-2 M
Income Before Tax-1.9 M-2 M
Total Other Income Expense Net14.8 K15.5 K
Net Loss-2 M-2 M
Income Tax Expense18.6 K19.5 K
Net Loss-2 M-2 M
Net Loss-832.1 K-873.7 K
Net Interest Income-11 K-11.6 K
Interest Income7.4 K8.7 K
Change To Netincome-226.7 K-215.3 K
Net Loss(0.02)(0.02)
Income Quality 0.27  0.51 
Net Income Per E B T 1.16  0.96 

Commerce Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Commerce 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 Commerce 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 Commerce Resources' important profitability drivers and their relationship over time.

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Use Investing Themes to Complement your Commerce Resources position

In addition to having Commerce 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.

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Music and Video
Music and Video Theme
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 35 constituents at this time.
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Additional Tools for Commerce Stock Analysis

When running Commerce Resources' price analysis, check to measure Commerce Resources' 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.