Native Mineral Total Debt vs. Book Value Per Share
| NMR Stock | 0.03 0 6.25% |
For Native Mineral profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Native Mineral to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Native Mineral Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Native Mineral's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Native Mineral Resources over time as well as its relative position and ranking within its peers.
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Native Mineral Resources Book Value Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Native Mineral's current stock value. Our valuation model uses many indicators to compare Native Mineral value to that of its competitors to determine the firm's financial worth. Native Mineral Resources is rated top company in total debt category among its peers. It also is considered to be number one stock in book value per share 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 Native Mineral's earnings, one of the primary drivers of an investment's value.Native Total Debt vs. Competition
Native Mineral Resources is rated top company in total debt category among its peers. Total debt of Materials industry is now estimated at about 1.5 Billion. Native Mineral adds roughly 1.13 Million in total debt claiming only tiny portion of all equities under Materials industry.
Native Book Value Per Share vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Native Mineral |
| = | 1.13 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Native Mineral |
| = | (0.01) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Native Book Value Per Share Comparison
Native Mineral is currently under evaluation in book value per share category among its peers.
Native Mineral Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Native Mineral, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Native Mineral will eventually generate negative long term returns. The profitability progress is the general direction of Native Mineral's change in net profit over the period of time. It can combine multiple indicators of Native Mineral, 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 | 293.1 K | 235.1 K | |
| Operating Income | -3.7 M | -3.9 M | |
| Income Before Tax | -3.7 M | -3.9 M | |
| Total Other Income Expense Net | -46.2 K | -43.9 K | |
| Net Loss | -3.4 M | -3.5 M | |
| Net Loss | -3.7 M | -3.9 M | |
| Income Tax Expense | -16.1 K | -16.9 K | |
| Net Interest Income | (227.70) | (239.08) | |
| Interest Income | 474.30 | 570.14 | |
| Net Loss | -3.4 M | -3.5 M | |
| Change To Netincome | 157.5 K | 183.5 K |
Native Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Native Mineral. 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 Native Mineral 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 Native Mineral's important profitability drivers and their relationship over time.
Use Native Mineral 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 Native Mineral 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 Native Mineral will appreciate offsetting losses from the drop in the long position's value.Native Mineral Pair Trading
Native Mineral Resources Pair Trading Analysis
The ability to find closely correlated positions to Native Mineral could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Native Mineral 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 Native Mineral - 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 Native Mineral Resources to buy it.
The correlation of Native Mineral 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 Native Mineral moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Native Mineral 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 Native Mineral 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 Native Mineral position
In addition to having Native Mineral 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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Additional Tools for Native Stock Analysis
When running Native Mineral's price analysis, check to measure Native Mineral'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 Native Mineral is operating at the current time. Most of Native Mineral's value examination focuses on studying past and present price action to predict the probability of Native Mineral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Native Mineral's price. Additionally, you may evaluate how the addition of Native Mineral to your portfolios can decrease your overall portfolio volatility.