St James Cash And Equivalents vs. Cash Flow From Operations
| LRDJF Stock | USD 0.07 0.02 27.12% |
For St James profitability analysis, we use financial ratios and fundamental drivers that measure the ability of St James to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well St James Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between St James's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of St James Gold over time as well as its relative position and ranking within its peers.
LRDJF |
St James Gold Cash Flow From Operations vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining St James's current stock value. Our valuation model uses many indicators to compare St James value to that of its competitors to determine the firm's financial worth. St James Gold is rated below average in cash and equivalents category among its peers. It is rated below average in cash flow from operations category among its peers . 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 St James' earnings, one of the primary drivers of an investment's value.LRDJF Cash Flow From Operations vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
St James |
| = | 140.41 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
St James |
| = | (4.37 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
LRDJF Cash Flow From Operations Comparison
St James is currently under evaluation in cash flow from operations category among its peers.
St James Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in St James, profitability is also one of the essential criteria for including it into their portfolios because, without profit, St James will eventually generate negative long term returns. The profitability progress is the general direction of St James' change in net profit over the period of time. It can combine multiple indicators of St James, 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.
James Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. James Gold Corp. was founded in 1981 and is headquartered in Vancouver, Canada. ST James operates under Gold classification in the United States and is traded on OTC Exchange.
LRDJF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on St James. 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 St James 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 St James' important profitability drivers and their relationship over time.
Use St James 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 St James 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 St James will appreciate offsetting losses from the drop in the long position's value.St James Pair Trading
St James Gold Pair Trading Analysis
The ability to find closely correlated positions to St James could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St James 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 St James - 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 St James Gold to buy it.
The correlation of St James 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 St James moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St James 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 St James 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 St James position
In addition to having St James 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 Energy ETFs Thematic Idea Now
Energy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 92 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 Energy ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in LRDJF OTC Stock
To fully project St James' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of St James Gold 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 St James' income statement, its balance sheet, and the statement of cash flows.