Golden Metal Total Debt vs. Net Income
| GMET Stock | 30.50 0.50 1.61% |
For Golden Metal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Golden Metal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Golden Metal Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Golden Metal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Golden Metal Resources over time as well as its relative position and ranking within its peers.
Golden |
Golden Metal Resources Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Golden Metal's current stock value. Our valuation model uses many indicators to compare Golden Metal value to that of its competitors to determine the firm's financial worth. Golden Metal Resources is rated as one of the top companies in total debt category among its peers. It is rated # 5 in net income category among its peers . At this time, Golden Metal's Net Loss is comparatively stable compared to the past year. 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 Golden Metal's earnings, one of the primary drivers of an investment's value.Golden Total Debt vs. Competition
Golden Metal Resources 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 37.03 Billion. Golden Metal adds roughly 325,638 in total debt claiming only tiny portion of all equities under Materials industry.
Golden Net Income 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.
Golden Metal |
| = | 325.64 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Golden Metal |
| = | (848 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Golden Net Income Comparison
Golden Metal is currently under evaluation in net income category among its peers.
Golden Metal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Golden Metal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Golden Metal will eventually generate negative long term returns. The profitability progress is the general direction of Golden Metal's change in net profit over the period of time. It can combine multiple indicators of Golden Metal, 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 | ||
| Accumulated Other Comprehensive Income | 4.4 M | 3.9 M | |
| Operating Income | -763.2 K | -801.4 K | |
| Income Before Tax | -763.2 K | -801.4 K | |
| Total Other Income Expense Net | 28.7 K | 30.1 K | |
| Net Loss | -763.2 K | -801.4 K | |
| Net Loss | -763.2 K | -801.4 K |
Golden Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Golden Metal. 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 Golden Metal 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 Golden Metal's important profitability drivers and their relationship over time.
Use Golden Metal 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 Golden Metal 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 Golden Metal will appreciate offsetting losses from the drop in the long position's value.Golden Metal Pair Trading
Golden Metal Resources Pair Trading Analysis
The ability to find closely correlated positions to Golden Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Metal 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 Golden Metal - 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 Golden Metal Resources to buy it.
The correlation of Golden Metal 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 Golden Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Metal Resources 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 Golden Metal 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 Golden Metal position
In addition to having Golden Metal 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 Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 40 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 Recreation Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Golden Stock Analysis
When running Golden Metal's price analysis, check to measure Golden Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Metal is operating at the current time. Most of Golden Metal's value examination focuses on studying past and present price action to predict the probability of Golden Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Metal's price. Additionally, you may evaluate how the addition of Golden Metal to your portfolios can decrease your overall portfolio volatility.