Ridgestone Mining Cash Flow From Operations vs. Debt To Equity
| RIGMF Stock | USD 0.05 0 6.74% |
For Ridgestone Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ridgestone Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ridgestone Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ridgestone Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ridgestone Mining over time as well as its relative position and ranking within its peers.
Ridgestone |
Ridgestone Mining Debt To Equity vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ridgestone Mining's current stock value. Our valuation model uses many indicators to compare Ridgestone Mining value to that of its competitors to determine the firm's financial worth. Ridgestone Mining is rated fifth in cash flow from operations category among its peers. It is currently regarded as top stock in debt to equity category among its peers . 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 Ridgestone Mining's earnings, one of the primary drivers of an investment's value.Ridgestone Debt To Equity 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.
Ridgestone Mining |
| = | (2.13 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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Ridgestone Mining |
| = | 0.12 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Ridgestone Debt To Equity Comparison
Ridgestone Mining is currently under evaluation in debt to equity category among its peers.
Ridgestone Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ridgestone Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ridgestone Mining will eventually generate negative long term returns. The profitability progress is the general direction of Ridgestone Mining's change in net profit over the period of time. It can combine multiple indicators of Ridgestone Mining, 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.
Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico. The company was incorporated in 2017 and is based in North Vancouver, Canada. Ridgestone Mining is traded on OTC Exchange in the United States.
Ridgestone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ridgestone Mining. 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 Ridgestone Mining 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 Ridgestone Mining's important profitability drivers and their relationship over time.
Use Ridgestone Mining 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 Ridgestone Mining 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 Ridgestone Mining will appreciate offsetting losses from the drop in the long position's value.Ridgestone Mining Pair Trading
Ridgestone Mining Pair Trading Analysis
The ability to find closely correlated positions to Ridgestone Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ridgestone Mining 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 Ridgestone Mining - 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 Ridgestone Mining to buy it.
The correlation of Ridgestone Mining 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 Ridgestone Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ridgestone Mining 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 Ridgestone Mining 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 Ridgestone Mining position
In addition to having Ridgestone Mining 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?
Run Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in Ridgestone Pink Sheet
To fully project Ridgestone Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ridgestone Mining 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 Ridgestone Mining's income statement, its balance sheet, and the statement of cash flows.