Snow Lake Debt To Equity vs. Price To Book
| LITM Stock | USD 0.18 0.01 5.26% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.005125 | Current Value 0.004869 | Quarterly Volatility 0.03205028 |
For Snow Lake profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Snow Lake to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Snow Lake Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Snow Lake's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Snow Lake Resources over time as well as its relative position and ranking within its peers.
Snow |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snow Lake. If investors know Snow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snow Lake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.24) | Return On Assets (0.13) | Return On Equity (0.29) |
The market value of Snow Lake Resources is measured differently than its book value, which is the value of Snow that is recorded on the company's balance sheet. Investors also form their own opinion of Snow Lake's value that differs from its market value or its book value, called intrinsic value, which is Snow Lake's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snow Lake's market value can be influenced by many factors that don't directly affect Snow Lake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snow Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snow Lake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snow Lake's 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.
Snow Lake Resources Price To Book vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Snow Lake's current stock value. Our valuation model uses many indicators to compare Snow Lake value to that of its competitors to determine the firm's financial worth. Snow Lake Resources is rated below average in debt to equity category among its peers. It is rated below average in price to book category among its peers fabricating about 55.70 of Price To Book per Debt To Equity. At this time, Snow Lake's Debt To Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Snow Lake by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Snow Price To Book vs. Debt To Equity
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.
Snow Lake |
| = | 0.01 % |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Snow Lake |
| = | 0.28 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Snow Price To Book Comparison
Snow Lake is currently under evaluation in price to book category among its peers.
Snow Lake Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Snow Lake, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Snow Lake will eventually generate negative long term returns. The profitability progress is the general direction of Snow Lake's change in net profit over the period of time. It can combine multiple indicators of Snow Lake, 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 | 7.5 M | 7.9 M | |
| Net Interest Income | -13.9 K | -14.6 K | |
| Operating Income | -14.4 M | -13.7 M | |
| Net Loss | -13.8 M | -13.1 M | |
| Income Before Tax | -13.9 M | -13.2 M | |
| Total Other Income Expense Net | 624.1 K | 346.4 K | |
| Net Loss | -8.5 M | -8.1 M | |
| Net Loss | -6.9 M | -7.2 M | |
| Income Tax Expense | 13.9 K | 14.6 K | |
| Change To Netincome | 8.1 M | 8.5 M | |
| Net Loss | (0.98) | (0.93) | |
| Income Quality | 0.55 | 0.69 | |
| Net Income Per E B T | 1.14 | 1.21 |
Snow Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Snow Lake. 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 Snow Lake 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 Snow Lake's important profitability drivers and their relationship over time.
Use Snow Lake 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 Snow Lake 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 Snow Lake will appreciate offsetting losses from the drop in the long position's value.Snow Lake Pair Trading
Snow Lake Resources Pair Trading Analysis
The ability to find closely correlated positions to Snow Lake could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snow Lake 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 Snow Lake - 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 Snow Lake Resources to buy it.
The correlation of Snow Lake 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 Snow Lake moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snow Lake 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 Snow Lake 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 Snow Lake position
In addition to having Snow Lake 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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Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
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To fully project Snow Lake's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Snow Lake Resources 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 Snow Lake's income statement, its balance sheet, and the statement of cash flows.