GMV Minerals Short Ratio vs. Current Ratio

GMV Stock  CAD 0.13  0.01  7.14%   
Based on GMV Minerals' profitability indicators, GMV Minerals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess GMV Minerals' ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 102.23 in 2024. Days Sales Outstanding is likely to drop to 1,135 in 2024. At this time, GMV Minerals' Total Other Income Expense Net is fairly stable compared to the past year. Net Interest Income is likely to climb to about 15.9 K in 2024, whereas Operating Income is likely to drop (954.5 K) in 2024.
For GMV Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GMV Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GMV Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GMV Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GMV Minerals over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between GMV Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if GMV Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GMV Minerals' 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.

GMV Minerals Current Ratio vs. Short Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining GMV Minerals's current stock value. Our valuation model uses many indicators to compare GMV Minerals value to that of its competitors to determine the firm's financial worth.
GMV Minerals is rated below average in short ratio category among its peers. It is rated # 2 in current ratio category among its peers fabricating about  1,002  of Current Ratio per Short Ratio. At this time, GMV Minerals' Current Ratio is fairly 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 GMV Minerals' earnings, one of the primary drivers of an investment's value.

GMV Current Ratio vs. Short Ratio

Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

GMV Minerals

Short Ratio

 = 

Short Interest

Average Trading Volume

 = 
0.01 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

GMV Minerals

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
10.02 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

GMV Current Ratio Comparison

GMV Minerals is currently under evaluation in current ratio category among its peers.

GMV Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in GMV Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GMV Minerals will eventually generate negative long term returns. The profitability progress is the general direction of GMV Minerals' change in net profit over the period of time. It can combine multiple indicators of GMV Minerals, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income334 K192.8 K
Operating Income-909 K-954.5 K
Net Loss-893.6 K-938.3 K
Income Tax Expense-207.6 K-197.2 K
Income Before Tax-893.6 K-938.3 K
Total Other Income Expense Net 274.00  287.70 
Net Loss-893.6 K-938.3 K
Net Loss-436.6 K-458.4 K
Net Interest Income15.1 K15.9 K
Interest Income15.1 K15.9 K
Change To Netincome28.4 K27 K
Net Loss(0.01)(0.01)
Income Quality 0.77  0.54 
Net Income Per E B T 0.85  0.63 

GMV Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on GMV Minerals. 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 GMV Minerals 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 GMV Minerals' important profitability drivers and their relationship over time.

Use GMV Minerals 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 GMV Minerals 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 GMV Minerals will appreciate offsetting losses from the drop in the long position's value.

GMV Minerals Pair Trading

GMV Minerals Pair Trading Analysis

The ability to find closely correlated positions to GMV Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GMV Minerals 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 GMV Minerals - 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 GMV Minerals to buy it.
The correlation of GMV Minerals 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 GMV Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GMV Minerals 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 GMV Minerals 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your GMV Minerals position

In addition to having GMV Minerals 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 Chemicals Makers Thematic Idea Now

Chemicals Makers
Chemicals Makers Theme
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 39 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 Chemicals Makers Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for GMV Stock Analysis

When running GMV Minerals' price analysis, check to measure GMV Minerals' 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 GMV Minerals is operating at the current time. Most of GMV Minerals' value examination focuses on studying past and present price action to predict the probability of GMV Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMV Minerals' price. Additionally, you may evaluate how the addition of GMV Minerals to your portfolios can decrease your overall portfolio volatility.