Elcora Advanced Total Debt vs. Price To Earning
| ECORF Stock | USD 0.01 0 10.00% |
For Elcora Advanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elcora Advanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elcora Advanced Materials utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elcora Advanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elcora Advanced Materials over time as well as its relative position and ranking within its peers.
Elcora |
Elcora Advanced Materials Price To Earning vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elcora Advanced's current stock value. Our valuation model uses many indicators to compare Elcora Advanced value to that of its competitors to determine the firm's financial worth. Elcora Advanced Materials is rated # 3 in total debt category among its peers. It is one of the top stocks in price to earning category among its peers . The ratio of Total Debt to Price To Earning for Elcora Advanced Materials is about 297,060 . 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 Elcora Advanced's earnings, one of the primary drivers of an investment's value.Elcora Total Debt vs. Competition
Elcora Advanced Materials is rated # 3 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 472.84 Million. Elcora Advanced adds roughly 680,268 in total debt claiming only tiny portion of all equities under Materials industry.
Elcora Price To Earning 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.
Elcora Advanced |
| = | 680.27 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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Elcora Advanced |
| = | 2.29 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Elcora Price To Earning Comparison
Elcora Advanced is currently under evaluation in price to earning category among its peers.
Elcora Advanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elcora Advanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elcora Advanced will eventually generate negative long term returns. The profitability progress is the general direction of Elcora Advanced's change in net profit over the period of time. It can combine multiple indicators of Elcora Advanced, 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.
Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.
Elcora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elcora Advanced. 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 Elcora Advanced 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 Elcora Advanced's important profitability drivers and their relationship over time.
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Other Information on Investing in Elcora Pink Sheet
To fully project Elcora Advanced's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elcora Advanced Materials 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 Elcora Advanced's income statement, its balance sheet, and the statement of cash flows.