Mega Uranium Debt To Equity vs. Current Valuation

MGA Stock  CAD 0.35  0.01  2.78%   
Taking into consideration Mega Uranium's profitability measurements, Mega Uranium's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Mega Uranium's ability to earn profits and add value for shareholders.
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.0446
Current Value
0.0238
Quarterly Volatility
0.01323524
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 271.15, while Price To Sales Ratio is likely to drop 3,875. At this time, Mega Uranium's Net Income Per Share is very stable compared to the past year.
For Mega Uranium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mega Uranium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mega Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mega Uranium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mega Uranium over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Mega Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mega Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mega Uranium'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.

Mega Uranium Current Valuation vs. Debt To Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mega Uranium's current stock value. Our valuation model uses many indicators to compare Mega Uranium value to that of its competitors to determine the firm's financial worth.
Mega Uranium is regarded second in debt to equity category among its peers. It is regarded fifth in current valuation category among its peers reporting about  23,204,450,000  of Current Valuation per Debt To Equity. At this time, Mega Uranium's Debt To Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mega Uranium by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mega Uranium's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Mega Current Valuation 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.

Mega Uranium

D/E

 = 

Total Debt

Total Equity

 = 
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Mega Uranium

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
116.02 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Mega Current Valuation vs Competition

Mega Uranium is regarded fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 3.49 Billion. Mega Uranium holds roughly 116.02 Million in current valuation claiming about 3% of equities under Energy industry.

Mega Uranium Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mega Uranium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mega Uranium will eventually generate negative long term returns. The profitability progress is the general direction of Mega Uranium's change in net profit over the period of time. It can combine multiple indicators of Mega Uranium, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income226.2 M237.6 M
Operating Income-4.1 M-4.4 M
Income Before Tax-3 M-3.2 M
Total Other Income Expense Net267.9 K281.3 K
Net IncomeM4.2 M
Income Tax Expense-9 M-8.5 M
Net Income From Continuing Ops5.1 M5.3 M
Net Loss-9.6 M-9.2 M
Interest Income8.5 M8.9 M
Net Interest Income-279.9 K-265.9 K
Change To Netincome4.7 M4.9 M
Net Income Per Share 0.01  0.01 
Income Quality(0.17)(0.16)
Net Loss(1.51)(1.43)

Mega Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Mega Uranium. 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 Mega Uranium 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 Mega Uranium's important profitability drivers and their relationship over time.

Use Mega Uranium 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 Mega Uranium 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 Mega Uranium will appreciate offsetting losses from the drop in the long position's value.

Mega Uranium Pair Trading

Mega Uranium Pair Trading Analysis

The ability to find closely correlated positions to Mega Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mega Uranium 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 Mega Uranium - 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 Mega Uranium to buy it.
The correlation of Mega Uranium 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 Mega Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mega Uranium 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 Mega Uranium 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Mega Uranium position

In addition to having Mega Uranium 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 Recreation Thematic Idea Now

Recreation
Recreation Theme
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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 Recreation Theme or any other thematic opportunities.
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Other Information on Investing in Mega Stock

To fully project Mega Uranium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mega Uranium 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 Mega Uranium's income statement, its balance sheet, and the statement of cash flows.
Potential Mega Uranium investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Mega Uranium investors may work on each financial statement separately, they are all related. The changes in Mega Uranium's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mega Uranium's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.