Patriot Lithium Total Debt vs. Net Income
| PAT Stock | 0.03 0.01 27.91% |
For Patriot Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Patriot Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Patriot Lithium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Patriot Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Patriot Lithium over time as well as its relative position and ranking within its peers.
Patriot |
Patriot Lithium Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Patriot Lithium's current stock value. Our valuation model uses many indicators to compare Patriot Lithium value to that of its competitors to determine the firm's financial worth. Patriot Lithium is rated below average in total debt category among its peers. It is rated below average in net income category among its peers . At this time, Patriot Lithium's Net Loss is comparatively stable compared to the past year. 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 Patriot Lithium's earnings, one of the primary drivers of an investment's value.Patriot Total Debt vs. Competition
Patriot Lithium is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 1.77 Billion. Patriot Lithium adds roughly 168,593 in total debt claiming only tiny portion of all equities under Materials industry.
Patriot Net Income 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.
Patriot Lithium |
| = | 168.59 K |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Patriot Lithium |
| = | (6.75 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Patriot Net Income Comparison
Patriot Lithium is currently under evaluation in net income category among its peers.
Patriot Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Patriot Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Patriot Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Patriot Lithium's change in net profit over the period of time. It can combine multiple indicators of Patriot Lithium, 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 | 2.8 M | 1.8 M | |
| Operating Income | -5.9 M | -5.6 M | |
| Income Before Tax | -6.7 M | -6.4 M | |
| Net Loss | -6.7 M | -6.4 M | |
| Income Tax Expense | -333.1 K | -316.4 K | |
| Total Other Income Expense Net | -844.6 K | -802.3 K |
Patriot Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Patriot Lithium. 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 Patriot Lithium 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 Patriot Lithium's important profitability drivers and their relationship over time.
Use Patriot Lithium 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 Patriot Lithium 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 Patriot Lithium will appreciate offsetting losses from the drop in the long position's value.Patriot Lithium Pair Trading
Patriot Lithium Pair Trading Analysis
The ability to find closely correlated positions to Patriot Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patriot Lithium 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 Patriot Lithium - 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 Patriot Lithium to buy it.
The correlation of Patriot Lithium 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 Patriot Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patriot Lithium 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 Patriot Lithium 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 Patriot Lithium position
In addition to having Patriot Lithium 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 Patriot Stock Analysis
When running Patriot Lithium's price analysis, check to measure Patriot Lithium'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 Patriot Lithium is operating at the current time. Most of Patriot Lithium's value examination focuses on studying past and present price action to predict the probability of Patriot Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patriot Lithium's price. Additionally, you may evaluate how the addition of Patriot Lithium to your portfolios can decrease your overall portfolio volatility.