Electric Royalties Current Valuation vs. Debt To Equity
| ELECF Stock | USD 0.15 0.01 7.14% |
For Electric Royalties profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Electric Royalties to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Electric Royalties utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Electric Royalties's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Electric Royalties over time as well as its relative position and ranking within its peers.
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Electric Royalties Debt To Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Electric Royalties's current stock value. Our valuation model uses many indicators to compare Electric Royalties value to that of its competitors to determine the firm's financial worth. Electric Royalties is rated # 2 in current valuation category among its peers. It also is rated # 2 in debt to equity category among its peers . The ratio of Current Valuation to Debt To Equity for Electric Royalties is about 18,451,514,000 . 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 Electric Royalties' earnings, one of the primary drivers of an investment's value.Electric Current Valuation vs. Competition
Electric Royalties is rated # 2 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 540.11 Million. Electric Royalties holds roughly 18.45 Million in current valuation claiming about 3% of all equities under Other Industrial Metals & Mining industry.
Electric Debt To Equity 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.
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| = | 18.45 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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
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| = | 0 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Electric Debt To Equity Comparison
Electric Royalties is currently under evaluation in debt to equity category among its peers.
Electric Royalties Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Electric Royalties, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Electric Royalties will eventually generate negative long term returns. The profitability progress is the general direction of Electric Royalties' change in net profit over the period of time. It can combine multiple indicators of Electric Royalties, 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.
Electric Royalties Ltd. focuses on acquiring royalties in mines and projects. The company primarily focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. Electric Royalties operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 1 people.
Electric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Electric Royalties. 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 Electric Royalties 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 Electric Royalties' important profitability drivers and their relationship over time.
Use Electric Royalties 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 Electric Royalties 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 Electric Royalties will appreciate offsetting losses from the drop in the long position's value.Electric Royalties Pair Trading
Electric Royalties Pair Trading Analysis
The ability to find closely correlated positions to Electric Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electric Royalties 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 Electric Royalties - 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 Electric Royalties to buy it.
The correlation of Electric Royalties 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 Electric Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electric Royalties 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 Electric Royalties 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 Electric Royalties position
In addition to having Electric Royalties 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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Major hospitals and healthcare providers. The Health Management theme has 38 constituents at this time.
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Other Information on Investing in Electric OTC Stock
To fully project Electric Royalties' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Electric Royalties 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 Electric Royalties' income statement, its balance sheet, and the statement of cash flows.