Maritime Resources EBITDA vs. Shares Outstanding
| MRTMF Stock | USD 0.04 0.01 20.00% |
For Maritime Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Maritime Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Maritime Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Maritime Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Maritime Resources Corp over time as well as its relative position and ranking within its peers.
Maritime |
Maritime Resources Corp Shares Outstanding vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Maritime Resources's current stock value. Our valuation model uses many indicators to compare Maritime Resources value to that of its competitors to determine the firm's financial worth. Maritime Resources Corp is regarded fourth in ebitda category among its peers. It is regarded second in shares outstanding 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 Maritime Resources' earnings, one of the primary drivers of an investment's value.Maritime Shares Outstanding vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Maritime Resources |
| = | (1.53 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Maritime Resources |
| = | 474.26 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Maritime Shares Outstanding Comparison
Maritime Resources is currently under evaluation in shares outstanding category among its peers.
Maritime Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Maritime Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Maritime Resources will eventually generate negative long term returns. The profitability progress is the general direction of Maritime Resources' change in net profit over the period of time. It can combine multiple indicators of Maritime 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.
Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties. The company was incorporated in 2007 and is based in Vancouver, Canada. Maritime Res operates under Gold classification in the United States and is traded on OTC Exchange.
Maritime Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Maritime 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 Maritime 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 Maritime Resources' important profitability drivers and their relationship over time.
Use Maritime 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 Maritime 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 Maritime Resources will appreciate offsetting losses from the drop in the long position's value.Maritime Resources Pair Trading
Maritime Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to Maritime 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 Maritime 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 Maritime 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 Maritime Resources Corp to buy it.
The correlation of Maritime 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 Maritime Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maritime Resources Corp 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 Maritime 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 Maritime Resources position
In addition to having Maritime 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Other Information on Investing in Maritime Pink Sheet
To fully project Maritime Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Maritime Resources Corp 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 Maritime Resources' income statement, its balance sheet, and the statement of cash flows.