K2 Gold Total Debt vs. Market Capitalization
| KTO Stock | CAD 0.14 0.02 12.50% |
For K2 Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of K2 Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well K2 Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between K2 Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of K2 Gold over time as well as its relative position and ranking within its peers.
KTO |
K2 Gold Market Capitalization vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining K2 Gold's current stock value. Our valuation model uses many indicators to compare K2 Gold value to that of its competitors to determine the firm's financial worth. K2 Gold is rated third overall in total debt category among its peers. It is currently regarded as number one stock in market capitalization category among its peers creating about 456.52 of Market Capitalization per Total Debt. At this time, K2 Gold's Market Cap 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 K2 Gold's earnings, one of the primary drivers of an investment's value.KTO Total Debt vs. Competition
K2 Gold is rated third overall in total debt category among its peers. Total debt of Materials industry is now estimated at about 2.31 Million. K2 Gold claims roughly 40,000 in total debt contributing just under 2% to all equities under Materials industry.
KTO Market Capitalization 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.
K2 Gold |
| = | 40 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
K2 Gold |
| = | 18.26 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
KTO Market Capitalization vs Competition
K2 Gold is currently regarded as number one stock in market capitalization category among its peers. Market capitalization of Materials industry is now estimated at about 31.12 Million. K2 Gold totals roughly 18.26 Million in market capitalization claiming about 59% of all equities under Materials industry.
K2 Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in K2 Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, K2 Gold will eventually generate negative long term returns. The profitability progress is the general direction of K2 Gold's change in net profit over the period of time. It can combine multiple indicators of K2 Gold, 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 | 7.4 M | 4.5 M | |
| Operating Income | -1.4 M | -1.4 M | |
| Income Before Tax | -1.1 M | -1.1 M | |
| Total Other Income Expense Net | 300.9 K | 315.9 K | |
| Net Loss | -1.1 M | -1.1 M | |
| Income Tax Expense | -167.9 K | -159.5 K | |
| Net Loss | -1.1 M | -1.1 M | |
| Net Loss | -2.1 M | -2.2 M | |
| Net Interest Income | 71.2 K | 74.7 K | |
| Interest Income | 71.2 K | 74.7 K | |
| Change To Netincome | 375.9 K | 263.2 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.98 | 0.50 |
KTO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on K2 Gold. 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 K2 Gold 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 K2 Gold's important profitability drivers and their relationship over time.
Use K2 Gold 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 K2 Gold 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 K2 Gold will appreciate offsetting losses from the drop in the long position's value.K2 Gold Pair Trading
K2 Gold Pair Trading Analysis
The ability to find closely correlated positions to K2 Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K2 Gold 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 K2 Gold - 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 K2 Gold to buy it.
The correlation of K2 Gold 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 K2 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K2 Gold 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 K2 Gold 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 K2 Gold position
In addition to having K2 Gold 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 Wholesale Thematic Idea Now
Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 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 Wholesale Theme or any other thematic opportunities.
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Additional Tools for KTO Stock Analysis
When running K2 Gold's price analysis, check to measure K2 Gold'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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.