LithiumBank Resources Total Asset vs. Earnings Per Share
| LBNK Stock | 0.28 0.02 7.69% |
LithiumBank Resources Total Assets |
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For LithiumBank Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LithiumBank Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LithiumBank Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LithiumBank Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LithiumBank Resources Corp over time as well as its relative position and ranking within its peers.
LithiumBank |
LithiumBank Resources Earnings Per Share vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LithiumBank Resources's current stock value. Our valuation model uses many indicators to compare LithiumBank Resources value to that of its competitors to determine the firm's financial worth. LithiumBank Resources Corp is currently regarded as number one stock in total asset category among its peers. It also is currently regarded as number one stock in earnings per share category among its peers . At this time, LithiumBank Resources' Total Assets are 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 LithiumBank Resources' earnings, one of the primary drivers of an investment's value.LithiumBank Earnings Per Share vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
LithiumBank Resources |
| = | 11.03 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
LithiumBank Resources |
| = | (0.05) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
LithiumBank Earnings Per Share Comparison
LithiumBank Resources is currently under evaluation in earnings per share category among its peers.
LithiumBank Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in LithiumBank Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LithiumBank Resources will eventually generate negative long term returns. The profitability progress is the general direction of LithiumBank Resources' change in net profit over the period of time. It can combine multiple indicators of LithiumBank Resources, 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 | ||
| Net Interest Income | 113 K | 118.7 K | |
| Interest Income | 136.6 K | 143.4 K | |
| Operating Income | -6.7 M | -7 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Income Before Tax | -6.3 M | -6.6 M | |
| Total Other Income Expense Net | 418 K | 438.9 K | |
| Net Loss | -6.3 M | -6.6 M | |
| Net Loss | (0.21) | (0.22) | |
| Income Quality | 0.72 | 0.77 |
LithiumBank Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LithiumBank Resources. 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 LithiumBank Resources 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 LithiumBank Resources' important profitability drivers and their relationship over time.
Use LithiumBank Resources 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 LithiumBank Resources 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 LithiumBank Resources will appreciate offsetting losses from the drop in the long position's value.LithiumBank Resources Pair Trading
LithiumBank Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to LithiumBank Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LithiumBank Resources 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 LithiumBank Resources - 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 LithiumBank Resources Corp to buy it.
The correlation of LithiumBank Resources 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 LithiumBank Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LithiumBank 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 LithiumBank Resources 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 LithiumBank Resources position
In addition to having LithiumBank Resources 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 13 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 Convertibles Funds Theme or any other thematic opportunities.
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Additional Tools for LithiumBank Stock Analysis
When running LithiumBank Resources' price analysis, check to measure LithiumBank Resources' 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 LithiumBank Resources is operating at the current time. Most of LithiumBank Resources' value examination focuses on studying past and present price action to predict the probability of LithiumBank Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LithiumBank Resources' price. Additionally, you may evaluate how the addition of LithiumBank Resources to your portfolios can decrease your overall portfolio volatility.