CanAlaska Uranium Debt To Equity vs. Current Ratio
| CVVUF Stock | USD 0.54 0.01 1.82% |
For CanAlaska Uranium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CanAlaska Uranium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CanAlaska Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CanAlaska Uranium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CanAlaska Uranium over time as well as its relative position and ranking within its peers.
CanAlaska |
CanAlaska Uranium Current Ratio vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CanAlaska Uranium's current stock value. Our valuation model uses many indicators to compare CanAlaska Uranium value to that of its competitors to determine the firm's financial worth. CanAlaska Uranium is number one stock in debt to equity category among its peers. It also is number one stock in current ratio category among its peers fabricating about 354.58 of Current Ratio per Debt To Equity. 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 CanAlaska Uranium's earnings, one of the primary drivers of an investment's value.CanAlaska Current Ratio vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
CanAlaska Uranium |
| = | 0.02 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
CanAlaska Uranium |
| = | 8.51 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CanAlaska Current Ratio Comparison
CanAlaska Uranium is currently under evaluation in current ratio category among its peers.
CanAlaska Uranium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CanAlaska Uranium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CanAlaska Uranium will eventually generate negative long term returns. The profitability progress is the general direction of CanAlaska Uranium's change in net profit over the period of time. It can combine multiple indicators of CanAlaska Uranium, 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.
CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. CanAlaska Uranium Ltd. was incorporated in 1985 and is headquartered in Vancouver, Canada. Canalaska Uranium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
CanAlaska Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CanAlaska Uranium. 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 CanAlaska Uranium 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 CanAlaska Uranium's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in CanAlaska Uranium without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Funds Screener Now
Funds ScreenerFind actively-traded funds from around the world traded on over 30 global exchanges |
| All Next | Launch Module |
Use Investing Themes to Complement your CanAlaska Uranium position
In addition to having CanAlaska Uranium 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 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 Theme ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in CanAlaska OTC Stock
To fully project CanAlaska Uranium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CanAlaska Uranium 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 CanAlaska Uranium's income statement, its balance sheet, and the statement of cash flows.