Panoro Minerals Price To Book vs. Cash And Equivalents

PML Stock  CAD 0.38  0.03  7.32%   
Based on Panoro Minerals' profitability indicators, Panoro Minerals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Panoro Minerals' ability to earn profits and add value for shareholders. At this time, Panoro Minerals' Average Payables is fairly stable compared to the past year. Payables Turnover is likely to climb to 0.35 in 2024, whereas Book Value Per Share is likely to drop 0.14 in 2024.
For Panoro Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Panoro Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Panoro Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Panoro Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Panoro Minerals over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Panoro Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Panoro Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Panoro Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Panoro Minerals Cash And Equivalents vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Panoro Minerals's current stock value. Our valuation model uses many indicators to compare Panoro Minerals value to that of its competitors to determine the firm's financial worth.
Panoro Minerals is regarded fourth in price to book category among its peers. It is regarded second in cash and equivalents category among its peers creating about  1,064,322  of Cash And Equivalents per Price To Book. 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 Panoro Minerals' earnings, one of the primary drivers of an investment's value.

Panoro Cash And Equivalents vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Panoro Minerals

P/B

 = 

MV Per Share

BV Per Share

 = 
1.94 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.

Panoro Minerals

Cash

 = 

Bank Deposits

+

Liquidities

 = 
2.07 M
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).

Panoro Cash And Equivalents Comparison

Panoro Minerals is currently under evaluation in cash and equivalents category among its peers.

Panoro Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Panoro Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Panoro Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Panoro Minerals' change in net profit over the period of time. It can combine multiple indicators of Panoro Minerals, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income12.6 M13.3 M
Operating Income-3.8 M-3.7 M
Net Loss-2.8 M-3 M
Income Tax Expense 4.00  3.80 
Income Before Tax-2.8 M-3 M
Total Other Income Expense NetM1.1 M
Net Loss-2.1 M-2.2 M
Net Loss-1.2 M-1.3 M
Net Interest Income216.7 K227.5 K
Interest Income239.4 K251.3 K
Change To Netincome-668.5 K-635 K
Net Loss(0.01)(0.01)
Income Quality 1.06  0.82 
Net Income Per E B T 1.05  0.62 

Panoro Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Panoro Minerals. 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 Panoro Minerals 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 Panoro Minerals' important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Panoro Minerals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Panoro Minerals position

In addition to having Panoro Minerals 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.

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Computers
Computers Theme
Companies that manufacture and distribute personal and business computers. The Computers theme has 38 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 Computers Theme or any other thematic opportunities.
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Additional Tools for Panoro Stock Analysis

When running Panoro Minerals' price analysis, check to measure Panoro Minerals' 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 Panoro Minerals is operating at the current time. Most of Panoro Minerals' value examination focuses on studying past and present price action to predict the probability of Panoro Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panoro Minerals' price. Additionally, you may evaluate how the addition of Panoro Minerals to your portfolios can decrease your overall portfolio volatility.