Spartan Delta Gross Profit vs. Cash Per Share
| DALXF Stock | USD 2.47 0.03 1.23% |
For Spartan Delta profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spartan Delta to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spartan Delta Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spartan Delta's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spartan Delta Corp over time as well as its relative position and ranking within its peers.
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Spartan Delta Corp Cash Per Share vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spartan Delta's current stock value. Our valuation model uses many indicators to compare Spartan Delta value to that of its competitors to determine the firm's financial worth. Spartan Delta Corp is rated # 2 in gross profit category among its peers. It is rated # 5 in cash per share category among its peers . The ratio of Gross Profit to Cash Per Share for Spartan Delta Corp is about 9,974,700,000 . 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 Spartan Delta's earnings, one of the primary drivers of an investment's value.Spartan Cash Per Share vs. Gross Profit
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.
Spartan Delta |
| = | 398.99 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.
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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| = | 0.04 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.
Spartan Cash Per Share Comparison
Spartan Delta is currently under evaluation in cash per share category among its peers.
Spartan Delta Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spartan Delta, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spartan Delta will eventually generate negative long term returns. The profitability progress is the general direction of Spartan Delta's change in net profit over the period of time. It can combine multiple indicators of Spartan Delta, 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.
Spartan Delta Corp. engages in the exploration, development, and production of petroleum and natural gas properties in the Western Canada. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada. SPARTAN DELTA operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 121 people.
Spartan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spartan Delta. 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 Spartan Delta 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 Spartan Delta's important profitability drivers and their relationship over time.
Use Spartan Delta 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 Spartan Delta 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 Spartan Delta will appreciate offsetting losses from the drop in the long position's value.Spartan Delta Pair Trading
Spartan Delta Corp Pair Trading Analysis
The ability to find closely correlated positions to Spartan Delta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spartan Delta 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 Spartan Delta - 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 Spartan Delta Corp to buy it.
The correlation of Spartan Delta 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 Spartan Delta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spartan Delta 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 Spartan Delta 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 Spartan Delta position
In addition to having Spartan Delta 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 Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 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 Books Theme or any other thematic opportunities.
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Other Information on Investing in Spartan Pink Sheet
To fully project Spartan Delta's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Spartan Delta 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 Spartan Delta's income statement, its balance sheet, and the statement of cash flows.