Canada Rare Price To Book vs. Gross Profit
| LL Stock | CAD 0.01 0.01 25.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.26 | 0.2534 |
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For Canada Rare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canada Rare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canada Rare Earth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canada Rare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canada Rare Earth over time as well as its relative position and ranking within its peers.
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Canada Rare Earth Gross Profit vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canada Rare's current stock value. Our valuation model uses many indicators to compare Canada Rare value to that of its competitors to determine the firm's financial worth. Canada Rare Earth is currently regarded as number one stock in price to book category among its peers. It also is currently regarded as number one stock in gross profit category among its peers fabricating about 393.89 of Gross Profit per Price To Book. At this time, Canada Rare's Gross Profit 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 Canada Rare's earnings, one of the primary drivers of an investment's value.Canada Gross Profit vs. Price To Book
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.
Canada Rare |
| = | 106.82 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Canada Rare |
| = | 42.08 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Canada Gross Profit Comparison
Canada Rare is currently under evaluation in gross profit category among its peers.
Canada Rare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canada Rare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canada Rare will eventually generate negative long term returns. The profitability progress is the general direction of Canada Rare's change in net profit over the period of time. It can combine multiple indicators of Canada Rare, 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 | 9.1 M | 8.8 M | |
| Operating Income | -875.6 K | -919.4 K | |
| Income Before Tax | -897.6 K | -942.5 K | |
| Total Other Income Expense Net | -22.1 K | -23.2 K | |
| Net Loss | -911.9 K | -957.5 K | |
| Income Tax Expense | 14.2 K | 13.5 K | |
| Net Income From Continuing Ops | 197 K | 206.8 K | |
| Net Loss | -1.2 M | -1.2 M | |
| Net Interest Income | -118.7 K | -124.7 K | |
| Interest Income | 90.00 | 85.50 | |
| Change To Netincome | 331 K | 309.7 K | |
| Income Quality | (0.75) | (0.71) | |
| Net Income Per E B T | 0.83 | 1.20 |
Canada Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canada Rare. 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 Canada Rare 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 Canada Rare's important profitability drivers and their relationship over time.
Use Canada Rare 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 Canada Rare 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 Canada Rare will appreciate offsetting losses from the drop in the long position's value.Canada Rare Pair Trading
Canada Rare Earth Pair Trading Analysis
The ability to find closely correlated positions to Canada Rare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canada Rare 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 Canada Rare - 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 Canada Rare Earth to buy it.
The correlation of Canada Rare 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 Canada Rare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canada Rare Earth 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 Canada Rare 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 Canada Rare position
In addition to having Canada Rare 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
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 41 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.
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Additional Tools for Canada Stock Analysis
When running Canada Rare's price analysis, check to measure Canada Rare'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 Canada Rare is operating at the current time. Most of Canada Rare's value examination focuses on studying past and present price action to predict the probability of Canada Rare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Rare's price. Additionally, you may evaluate how the addition of Canada Rare to your portfolios can decrease your overall portfolio volatility.