E3 Metals Current Valuation vs. Total Debt
Based on E3 Metals' profitability indicators, E3 Metals Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess E3 Metals' ability to earn profits and add value for shareholders.
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Please note, there is a significant difference between E3 Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if E3 Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E3 Metals' 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.
For E3 Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of E3 Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well E3 Metals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between E3 Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of E3 Metals Corp over time as well as its relative position and ranking within its peers.
EEMMF |
E3 Metals Corp Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining E3 Metals's current stock value. Our valuation model uses many indicators to compare E3 Metals value to that of its competitors to determine the firm's financial worth. E3 Metals Corp is rated below average in current valuation category among its peers. It is rated # 4 in total debt category among its peers making up about 0.01 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for E3 Metals Corp is roughly 193.56 . 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 E3 Metals' earnings, one of the primary drivers of an investment's value.EEMMF Current Valuation vs. Competition
E3 Metals Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is currently estimated at about 4.5 Billion. E3 Metals claims roughly 85.75 Million in current valuation contributing just under 2% to all equities under Other Industrial Metals & Mining industry.
EEMMF Total Debt vs. Current Valuation
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.
E3 Metals |
| = | 85.75 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.
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.
E3 Metals |
| = | 443 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.
EEMMF Total Debt vs Competition
E3 Metals Corp is rated # 4 in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is currently estimated at about 37.7 Million. E3 Metals claims roughly 443,000 in total debt contributing just under 2% to all equities under Other Industrial Metals & Mining industry.
E3 Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in E3 Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, E3 Metals will eventually generate negative long term returns. The profitability progress is the general direction of E3 Metals' change in net profit over the period of time. It can combine multiple indicators of E3 Metals, 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.
E3 Lithium Ltd., a resource company with mineral properties, focuses on technology development for lithium extraction from Alberta brines contained in its mineral properties. The company was incorporated in 1998 and is headquartered in Calgary, Canada. E3 Lithium is traded on OTC Exchange in the United States.
EEMMF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on E3 Metals. 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 E3 Metals 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 E3 Metals' important profitability drivers and their relationship over time.
Use E3 Metals 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 E3 Metals 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 E3 Metals will appreciate offsetting losses from the drop in the long position's value.E3 Metals Pair Trading
E3 Metals Corp Pair Trading Analysis
The ability to find closely correlated positions to E3 Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E3 Metals 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 E3 Metals - 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 E3 Metals Corp to buy it.
The correlation of E3 Metals 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 E3 Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E3 Metals 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 E3 Metals 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 E3 Metals position
In addition to having E3 Metals 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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Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 constituents at this time.
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Other Information on Investing in EEMMF OTC Stock
To fully project E3 Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of E3 Metals 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 E3 Metals' income statement, its balance sheet, and the statement of cash flows.