Prosper Gold Total Debt vs. Net Income
| PGX Stock | CAD 0.1 0.01 5.00% |
For Prosper Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prosper Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prosper Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prosper Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prosper Gold Corp over time as well as its relative position and ranking within its peers.
Prosper |
Prosper Gold Corp Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prosper Gold's current stock value. Our valuation model uses many indicators to compare Prosper Gold value to that of its competitors to determine the firm's financial worth. Prosper Gold Corp is rated below average in total debt category among its peers. It is regarded third in net income category among its peers . Prosper Gold reported Net Loss of (2.18 Million) in 2023. 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 Prosper Gold's earnings, one of the primary drivers of an investment's value.Prosper Total Debt vs. Competition
Prosper Gold Corp is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 432.24 Million. Prosper Gold adds roughly 40,000 in total debt claiming only tiny portion of all equities under Materials industry.
Prosper 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.
Prosper Gold |
| = | 40 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.
Prosper Gold |
| = | (2.42 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.
Prosper Net Income Comparison
Prosper Gold is currently under evaluation in net income category among its peers.
Prosper Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prosper Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prosper Gold will eventually generate negative long term returns. The profitability progress is the general direction of Prosper Gold's change in net profit over the period of time. It can combine multiple indicators of Prosper Gold, 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 | ||
| Operating Income | -2.3 M | -2.5 M | |
| Net Loss | -2.2 M | -2.3 M | |
| Income Before Tax | -2.2 M | -2.3 M | |
| Total Other Income Expense Net | 175.4 K | 184.1 K | |
| Net Loss | -5 M | -4.7 M | |
| Net Loss | -2.2 M | -2.3 M | |
| Net Interest Income | 29.4 K | 30.9 K | |
| Interest Income | 29.4 K | 30.9 K | |
| Change To Netincome | 1.8 M | 1.9 M |
Prosper Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prosper Gold. 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 Prosper Gold 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 Prosper Gold's important profitability drivers and their relationship over time.
Use Prosper Gold 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 Prosper Gold 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 Prosper Gold will appreciate offsetting losses from the drop in the long position's value.Prosper Gold Pair Trading
Prosper Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Prosper Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prosper Gold 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 Prosper Gold - 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 Prosper Gold Corp to buy it.
The correlation of Prosper Gold 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 Prosper Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prosper Gold 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 Prosper Gold 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 Prosper Gold position
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Additional Tools for Prosper Stock Analysis
When running Prosper Gold's price analysis, check to measure Prosper Gold'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 Prosper Gold is operating at the current time. Most of Prosper Gold's value examination focuses on studying past and present price action to predict the probability of Prosper Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosper Gold's price. Additionally, you may evaluate how the addition of Prosper Gold to your portfolios can decrease your overall portfolio volatility.