Headwater Exploration Price To Book vs. Cash Per Share
CDDRF Stock | USD 4.92 0.04 0.82% |
For Headwater Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Headwater Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Headwater Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Headwater Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Headwater Exploration over time as well as its relative position and ranking within its peers.
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Headwater Exploration Cash Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Headwater Exploration's current stock value. Our valuation model uses many indicators to compare Headwater Exploration value to that of its competitors to determine the firm's financial worth. Headwater Exploration is number one stock in price to book category among its peers. It also is number one stock in cash per share category among its peers fabricating about 0.25 of Cash Per Share per Price To Book. The ratio of Price To Book to Cash Per Share for Headwater Exploration is roughly 4.06 . 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 Headwater Exploration's earnings, one of the primary drivers of an investment's value.Headwater Cash Per Share vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 2.56 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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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| = | 0.63 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.
Headwater Cash Per Share Comparison
Headwater Exploration is currently under evaluation in cash per share category among its peers.
Headwater Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Headwater Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Headwater Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Headwater Exploration's change in net profit over the period of time. It can combine multiple indicators of Headwater 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.
Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. Headwater Exploration Inc. is headquartered in Calgary, Canada. Corridor Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 26 people.
Headwater Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Headwater 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 Headwater 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 Headwater Exploration's important profitability drivers and their relationship over time.
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Other Information on Investing in Headwater Pink Sheet
To fully project Headwater Exploration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Headwater Exploration 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 Headwater Exploration's income statement, its balance sheet, and the statement of cash flows.