Diamcor Mining Total Debt vs. Current Valuation
| DMIFF Stock | USD 0.02 0.00 0.00% |
For Diamcor Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Diamcor Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Diamcor Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Diamcor Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Diamcor Mining over time as well as its relative position and ranking within its peers.
Diamcor |
Diamcor Mining Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Diamcor Mining's current stock value. Our valuation model uses many indicators to compare Diamcor Mining value to that of its competitors to determine the firm's financial worth. Diamcor Mining is rated as one of the top companies in total debt category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 87.59 of Current Valuation per Total Debt. 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 Diamcor Mining's earnings, one of the primary drivers of an investment's value.Diamcor Total Debt vs. Competition
Diamcor Mining is rated as one of the top companies in total debt category among its peers. Total debt of Materials industry is currently estimated at about 1.5 Million. Diamcor Mining retains roughly 248,764 in total debt claiming about 17% of all equities under Materials industry.
Diamcor Current Valuation vs. Total Debt
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.
Diamcor Mining |
| = | 248.76 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Diamcor Mining |
| = | 21.79 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Diamcor Current Valuation vs Competition
Diamcor Mining is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 334.58 Million. Diamcor Mining holds roughly 21.79 Million in current valuation claiming about 7% of all equities under Materials industry.
Diamcor Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Diamcor Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Diamcor Mining will eventually generate negative long term returns. The profitability progress is the general direction of Diamcor Mining's change in net profit over the period of time. It can combine multiple indicators of Diamcor 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.
Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. Diamcor Mining operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Diamcor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Diamcor 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 Diamcor 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 Diamcor Mining's important profitability drivers and their relationship over time.
Use Diamcor 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 Diamcor 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 Diamcor Mining will appreciate offsetting losses from the drop in the long position's value.Diamcor Mining Pair Trading
Diamcor Mining Pair Trading Analysis
The ability to find closely correlated positions to Diamcor 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 Diamcor 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 Diamcor 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 Diamcor Mining to buy it.
The correlation of Diamcor 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 Diamcor Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamcor Mining 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 Diamcor 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 Diamcor Mining position
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Other Information on Investing in Diamcor OTC Stock
To fully project Diamcor Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Diamcor Mining 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 Diamcor Mining's income statement, its balance sheet, and the statement of cash flows.