Dakota Gold Revenue vs. Total Debt
| DC Stock | USD 2.25 0.05 2.27% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
For Dakota Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dakota Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dakota Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dakota Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dakota Gold Corp over time as well as its relative position and ranking within its peers.
Dakota |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dakota Gold. If investors know Dakota will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dakota Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Return On Assets (0.23) | Return On Equity (0.37) |
The market value of Dakota Gold Corp is measured differently than its book value, which is the value of Dakota that is recorded on the company's balance sheet. Investors also form their own opinion of Dakota Gold's value that differs from its market value or its book value, called intrinsic value, which is Dakota Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dakota Gold's market value can be influenced by many factors that don't directly affect Dakota Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dakota Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dakota Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dakota Gold's 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.
Dakota Gold Corp Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dakota Gold's current stock value. Our valuation model uses many indicators to compare Dakota Gold value to that of its competitors to determine the firm's financial worth. Dakota Gold Corp is currently under evaluation in revenue category among its peers. It is rated # 4 in total debt category among its peers . At present, Dakota Gold's Total Revenue is projected to stay steady based on the last few years of reporting. 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 Dakota Gold's earnings, one of the primary drivers of an investment's value.Dakota Revenue vs. Competition
Dakota Gold Corp is currently under evaluation in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 66.44 Million. Dakota Gold adds roughly 0.0 in revenue claiming only tiny portion of all equities under Materials industry.
Dakota Total Debt vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Dakota Gold |
| = | null |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Dakota Gold |
| = | 229.61 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Dakota Total Debt vs Competition
Dakota Gold Corp is rated # 4 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 200.69 Million. Dakota Gold adds roughly 229,612 in total debt claiming only tiny portion of all equities under Materials industry.
Dakota Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dakota Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dakota Gold will eventually generate negative long term returns. The profitability progress is the general direction of Dakota Gold's change in net profit over the period of time. It can combine multiple indicators of Dakota Gold, 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 | ||
| Interest Income | 414.2 K | 434.9 K | |
| Operating Income | -38 M | -36.1 M | |
| Income Before Tax | -37.7 M | -35.8 M | |
| Net Loss | -23.1 M | -22 M | |
| Net Loss | -36.4 M | -34.6 M | |
| Net Interest Income | 476.3 K | 500.1 K | |
| Net Loss | -32.8 M | -31.2 M | |
| Total Other Income Expense Net | 369.9 K | 351.4 K | |
| Income Tax Expense | -1.2 M | -1.3 M | |
| Change To Netincome | 1.7 M | 1.7 M | |
| Net Loss | (0.47) | (0.44) | |
| Income Quality | 0.86 | 0.48 | |
| Net Income Per E B T | 0.97 | 1.02 |
Dakota Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dakota Gold. 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 Dakota Gold 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 Dakota Gold's important profitability drivers and their relationship over time.
Use Dakota Gold 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 Dakota Gold 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 Dakota Gold will appreciate offsetting losses from the drop in the long position's value.Dakota Gold Pair Trading
Dakota Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Dakota Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dakota Gold 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 Dakota Gold - 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 Dakota Gold Corp to buy it.
The correlation of Dakota Gold 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 Dakota Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dakota Gold 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 Dakota Gold 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 Dakota Gold position
In addition to having Dakota Gold 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 Broad Equity ETFs Thematic Idea Now
Broad Equity ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity 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 Broad Equity ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
To fully project Dakota Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dakota Gold 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 Dakota Gold's income statement, its balance sheet, and the statement of cash flows.