Signature Resources Price To Book vs. Total Debt
| SGU Stock | CAD 0.04 0.01 12.50% |
For Signature Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Signature Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Signature Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Signature Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Signature Resources over time as well as its relative position and ranking within its peers.
Signature |
Signature Resources Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Signature Resources's current stock value. Our valuation model uses many indicators to compare Signature Resources value to that of its competitors to determine the firm's financial worth. Signature Resources is currently regarded as top stock in price to book category among its peers. It is rated fifth in total debt category among its peers making up about 126,997 of Total Debt per Price To Book. Total Debt To Capitalization is likely to drop to 0.03 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 Signature Resources' earnings, one of the primary drivers of an investment's value.Signature Total Debt 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.
Signature Resources |
| = | 15.05 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.
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.
Signature Resources |
| = | 1.91 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.
Signature Total Debt vs Competition
Signature Resources is rated fifth in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 433.5 Million. Signature Resources adds roughly 1.91 Million in total debt claiming only tiny portion of all equities under Materials industry.
Signature Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Signature Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Signature Resources will eventually generate negative long term returns. The profitability progress is the general direction of Signature Resources' change in net profit over the period of time. It can combine multiple indicators of Signature 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 | ||
| Accumulated Other Comprehensive Income | 276.9 K | 249.7 K | |
| Operating Income | -1.2 M | -1.2 M | |
| Income Before Tax | -1 M | -1.1 M | |
| Net Loss | -1 M | -1.1 M | |
| Income Tax Expense | -2.1 K | -2 K | |
| Total Other Income Expense Net | 180.6 K | 93 K | |
| Net Loss | -1 M | -1.1 M | |
| Net Loss | -3.9 M | -3.7 M | |
| Change To Netincome | 101.7 K | 140.2 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.86 | 0.63 | |
| Net Income Per E B T | 0.76 | 0.67 |
Signature Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Signature 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 Signature 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 Signature Resources' important profitability drivers and their relationship over time.
Use Signature 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 Signature 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 Signature Resources will appreciate offsetting losses from the drop in the long position's value.Signature Resources Pair Trading
Signature Resources Pair Trading Analysis
The ability to find closely correlated positions to Signature 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 Signature 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 Signature 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 Signature Resources to buy it.
The correlation of Signature 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 Signature Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Signature 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 Signature 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 Signature Resources position
In addition to having Signature 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?
Run Music and Video Thematic Idea Now
Music and Video
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 35 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 Music and Video Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Signature Stock Analysis
When running Signature Resources' price analysis, check to measure Signature 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 Signature Resources is operating at the current time. Most of Signature Resources' value examination focuses on studying past and present price action to predict the probability of Signature Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signature Resources' price. Additionally, you may evaluate how the addition of Signature Resources to your portfolios can decrease your overall portfolio volatility.