Calibre Mining Return On Equity vs. Gross Profit
| CXB Stock | CAD 2.50 0.01 0.40% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.15258949 | Current Value 0.16 | Quarterly Volatility 0.22211945 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.34 | 0.3034 |
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| Net Profit Margin | 0.11 | 0.1514 |
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| Operating Profit Margin | 0.19 | 0.2417 |
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| Pretax Profit Margin | 0.18 | 0.2369 |
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For Calibre Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Calibre Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Calibre Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Calibre Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Calibre Mining Corp over time as well as its relative position and ranking within its peers.
Calibre |
Calibre Mining Corp Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Calibre Mining's current stock value. Our valuation model uses many indicators to compare Calibre Mining value to that of its competitors to determine the firm's financial worth. Calibre Mining Corp is rated third in return on equity category among its peers. It also is rated third in gross profit category among its peers fabricating about 3,800,099,751 of Gross Profit per Return On Equity. At this time, Calibre Mining's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Calibre Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calibre Mining'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.Calibre Gross Profit vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Calibre Mining |
| = | 0.0401 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Calibre Mining |
| = | 152.38 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Calibre Gross Profit Comparison
Calibre Mining is currently under evaluation in gross profit category among its peers.
Calibre Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Calibre Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Calibre Mining will eventually generate negative long term returns. The profitability progress is the general direction of Calibre Mining's change in net profit over the period of time. It can combine multiple indicators of Calibre Mining, 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 | 12.7 M | 13.3 M | |
| Operating Income | 135.8 M | 142.6 M | |
| Net Income | 85 M | 89.3 M | |
| Income Tax Expense | 48.1 M | 50.5 M | |
| Income Before Tax | 133.1 M | 139.7 M | |
| Total Other Income Expense Net | -14.6 M | -13.8 M | |
| Net Interest Income | 10 K | 10.5 K | |
| Interest Income | 1.8 M | 1.9 M | |
| Net Income From Continuing Ops | 85 M | 89.3 M | |
| Net Income Applicable To Common Shares | 49.8 M | 25.5 M | |
| Change To Netincome | 19 M | 19.9 M | |
| Net Income Per Share | 0.19 | 0.20 | |
| Income Quality | 2.37 | 1.34 | |
| Net Income Per E B T | 0.64 | 0.91 |
Calibre Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Calibre Mining. 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 Calibre Mining 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 Calibre Mining's important profitability drivers and their relationship over time.
Use Calibre Mining 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 Calibre Mining 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 Calibre Mining will appreciate offsetting losses from the drop in the long position's value.Calibre Mining Pair Trading
Calibre Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Calibre Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calibre Mining 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 Calibre Mining - 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 Calibre Mining Corp to buy it.
The correlation of Calibre Mining 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 Calibre Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calibre Mining 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 Calibre Mining 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 Calibre Mining position
In addition to having Calibre Mining 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 Calibre Stock
To fully project Calibre Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Calibre Mining 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 Calibre Mining's income statement, its balance sheet, and the statement of cash flows.