Rathdowney Resources Total Debt vs. Shares Outstanding
| RTH Stock | CAD 0.02 0.00 0.00% |
For Rathdowney Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rathdowney Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rathdowney Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rathdowney Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rathdowney Resources over time as well as its relative position and ranking within its peers.
Rathdowney |
Rathdowney Resources Shares Outstanding vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rathdowney Resources's current stock value. Our valuation model uses many indicators to compare Rathdowney Resources value to that of its competitors to determine the firm's financial worth. Rathdowney Resources is rated below average in total debt category among its peers. It also is rated below average in shares outstanding category among its peers creating about 79.89 of Shares Outstanding per Total Debt. Common Stock Shares Outstanding is likely to drop to about 212.7 M in 2024. 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 Rathdowney Resources' earnings, one of the primary drivers of an investment's value.Rathdowney Total Debt vs. Competition
Rathdowney Resources is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 297.78 Million. Rathdowney Resources maintains roughly 2.88 Million in total debt contributing less than 1% to all equities under Materials industry.
Rathdowney Shares Outstanding 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.
Rathdowney Resources |
| = | 2.88 M |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Rathdowney Resources |
| = | 230.43 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Rathdowney Shares Outstanding Comparison
Rathdowney Resources is currently under evaluation in shares outstanding category among its peers.
Rathdowney Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rathdowney Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rathdowney Resources will eventually generate negative long term returns. The profitability progress is the general direction of Rathdowney Resources' change in net profit over the period of time. It can combine multiple indicators of Rathdowney Resources, 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 | -1.9 M | -2 M | |
| Net Loss | -2 M | -2.1 M | |
| Income Before Tax | -2 M | -2.1 M | |
| Total Other Income Expense Net | -12 K | -12.6 K | |
| Net Loss | -2.7 M | -2.8 M | |
| Net Loss | -2 M | -2.1 M | |
| Net Interest Income | -139.4 K | -132.5 K | |
| Interest Income | 3.6 K | 3.9 K | |
| Change To Netincome | 112.5 K | 106.8 K |
Rathdowney Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rathdowney Resources. 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 Rathdowney Resources 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 Rathdowney Resources' important profitability drivers and their relationship over time.
Use Rathdowney Resources 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 Rathdowney Resources 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 Rathdowney Resources will appreciate offsetting losses from the drop in the long position's value.Rathdowney Resources Pair Trading
Rathdowney Resources Pair Trading Analysis
The ability to find closely correlated positions to Rathdowney Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rathdowney Resources 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 Rathdowney Resources - 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 Rathdowney Resources to buy it.
The correlation of Rathdowney Resources 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 Rathdowney Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rathdowney 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 Rathdowney Resources 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 Rathdowney Resources position
In addition to having Rathdowney Resources 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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Shipping Containers
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Additional Tools for Rathdowney Stock Analysis
When running Rathdowney Resources' price analysis, check to measure Rathdowney Resources' 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 Rathdowney Resources is operating at the current time. Most of Rathdowney Resources' value examination focuses on studying past and present price action to predict the probability of Rathdowney Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rathdowney Resources' price. Additionally, you may evaluate how the addition of Rathdowney Resources to your portfolios can decrease your overall portfolio volatility.