Romios Gold Cash Flow From Operations vs. Net Income

RG Stock  CAD 0.02  0.01  100.00%   
Based on the measurements of profitability obtained from Romios Gold's financial statements, Romios Gold Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Romios Gold's ability to earn profits and add value for shareholders. Sales General And Administrative To Revenue is likely to climb to 0.06 in 2024, whereas Price To Sales Ratio is likely to drop 122.58 in 2024. Income Tax Expense is likely to climb to 8,777 in 2024, whereas Accumulated Other Comprehensive Income is likely to drop slightly above 74.3 K in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.170.19
Moderately Down
Slightly volatile
For Romios Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Romios Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Romios Gold Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Romios Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Romios Gold Resources 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 Romios Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Romios Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Romios Gold's 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.

Romios Gold Resources Net Income vs. Cash Flow From Operations Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Romios Gold's current stock value. Our valuation model uses many indicators to compare Romios Gold value to that of its competitors to determine the firm's financial worth.
Romios Gold Resources is rated below average in cash flow from operations category among its peers. It is rated fifth in net income category among its peers . At this time, Romios Gold's Net Loss is fairly 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 Romios Gold's earnings, one of the primary drivers of an investment's value.

Romios Net Income vs. Cash Flow From Operations

Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Romios Gold

Operating Cash Flow

 = 

EBITDA

-

Taxes

 = 
(1.59 M)
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.

Romios Gold

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(2.7 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.

Romios Net Income Comparison

Romios Gold is currently under evaluation in net income category among its peers.

Romios Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Romios Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Romios Gold will eventually generate negative long term returns. The profitability progress is the general direction of Romios Gold's change in net profit over the period of time. It can combine multiple indicators of Romios 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income84.1 K74.3 K
Operating Income-682.1 K-716.2 K
Net Loss-2.4 M-2.3 M
Income Tax Expense8.4 K8.8 K
Income Before Tax-828.3 K-869.8 K
Total Other Income Expense Net-133.1 K-139.8 K
Net Loss-828.3 K-869.8 K
Net Loss-1.1 M-1.2 M
Net Interest Income-13.1 K-12.5 K
Interest Income 855.00  812.25 
Change To Netincome-272.1 K-258.4 K
Income Quality 0.56  0.53 
Net Income Per E B T 0.81  0.62 

Romios Profitability Driver Comparison

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

Use Romios 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 Romios 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 Romios Gold will appreciate offsetting losses from the drop in the long position's value.

Romios Gold Pair Trading

Romios Gold Resources Pair Trading Analysis

The ability to find closely correlated positions to Romios 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 Romios 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 Romios 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 Romios Gold Resources to buy it.
The correlation of Romios 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 Romios Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Romios Gold 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 Romios 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Romios Gold position

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Alternative Currency ETFs Theme
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Additional Tools for Romios Stock Analysis

When running Romios Gold's price analysis, check to measure Romios 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 Romios Gold is operating at the current time. Most of Romios Gold's value examination focuses on studying past and present price action to predict the probability of Romios 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 Romios Gold's price. Additionally, you may evaluate how the addition of Romios Gold to your portfolios can decrease your overall portfolio volatility.