Namibia Critical Cash And Equivalents vs. Current Liabilities
| NMREF Stock | USD 0.02 0 9.09% |
For Namibia Critical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Namibia Critical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Namibia Critical Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Namibia Critical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Namibia Critical Metals over time as well as its relative position and ranking within its peers.
Namibia |
Namibia Critical Metals Current Liabilities vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Namibia Critical's current stock value. Our valuation model uses many indicators to compare Namibia Critical value to that of its competitors to determine the firm's financial worth. Namibia Critical Metals is rated below average in cash and equivalents category among its peers. It is regarded second in current liabilities category among its peers creating about 0.41 of Current Liabilities per Cash And Equivalents. The ratio of Cash And Equivalents to Current Liabilities for Namibia Critical Metals is roughly 2.43 . 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 Namibia Critical's earnings, one of the primary drivers of an investment's value.Namibia Current Liabilities 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.
Namibia Critical |
| = | 985.44 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).
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Namibia Critical |
| = | 405 K |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Namibia Current Liabilities Comparison
Namibia Critical is currently under evaluation in current liabilities category among its peers.
Namibia Critical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Namibia Critical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Namibia Critical will eventually generate negative long term returns. The profitability progress is the general direction of Namibia Critical's change in net profit over the period of time. It can combine multiple indicators of Namibia Critical, 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.
Namibia Critical Metals Inc., together with its subsidiaries, engages in the exploration and development of critical metals properties in Namibia. Namibia Critical Metals Inc. was incorporated in 2010 and is headquartered in Halifax, Canada. Namibia Rare operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Namibia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Namibia Critical. 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 Namibia Critical 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 Namibia Critical's important profitability drivers and their relationship over time.
Use Namibia Critical 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 Namibia Critical 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 Namibia Critical will appreciate offsetting losses from the drop in the long position's value.Namibia Critical Pair Trading
Namibia Critical Metals Pair Trading Analysis
The ability to find closely correlated positions to Namibia Critical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Namibia Critical 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 Namibia Critical - 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 Namibia Critical Metals to buy it.
The correlation of Namibia Critical 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 Namibia Critical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Namibia Critical Metals 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 Namibia Critical 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 Namibia Critical position
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Other Information on Investing in Namibia Pink Sheet
To fully project Namibia Critical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Namibia Critical Metals 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 Namibia Critical's income statement, its balance sheet, and the statement of cash flows.