Sokoman Minerals Debt To Equity vs. Shares Outstanding
| SIC Stock | CAD 0.04 0.01 12.50% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
For Sokoman Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sokoman Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sokoman Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sokoman Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sokoman Minerals Corp over time as well as its relative position and ranking within its peers.
Sokoman |
Sokoman Minerals Corp Shares Outstanding vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sokoman Minerals's current stock value. Our valuation model uses many indicators to compare Sokoman Minerals value to that of its competitors to determine the firm's financial worth. Sokoman Minerals Corp is rated second in debt to equity category among its peers. It is currently regarded as top stock in shares outstanding category among its peers creating about 82,329,306 of Shares Outstanding per Debt To Equity. At this time, Sokoman Minerals' Debt To Equity 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 Sokoman Minerals' earnings, one of the primary drivers of an investment's value.Sokoman Shares Outstanding vs. Debt To Equity
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.
Sokoman Minerals |
| = | 3.48 % |
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.
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.
Sokoman Minerals |
| = | 286.51 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.
Sokoman Shares Outstanding Comparison
Sokoman Minerals is currently under evaluation in shares outstanding category among its peers.
Sokoman Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sokoman Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sokoman Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Sokoman Minerals' change in net profit over the period of time. It can combine multiple indicators of Sokoman 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.1 M | 1.2 M | |
| Operating Income | -5.2 M | -4.9 M | |
| Net Loss | -1 M | -1.1 M | |
| Income Tax Expense | -42.1 K | -40 K | |
| Income Before Tax | -1 M | -1.1 M | |
| Total Other Income Expense Net | 4.1 M | 4.3 M | |
| Net Loss | -1 M | -1.1 M | |
| Net Loss | -11 M | -10.5 M | |
| Net Interest Income | 72.9 K | 54.1 K | |
| Interest Income | 72.9 K | 54.1 K | |
| Change To Netincome | 1.8 M | 1.9 M | |
| Net Loss | 0.00 | (0.02) | |
| Income Quality | 5.67 | (7.50) | |
| Net Income Per E B T | 1.08 | 0.78 |
Sokoman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sokoman 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 Sokoman 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 Sokoman Minerals' important profitability drivers and their relationship over time.
Use Sokoman Minerals 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 Sokoman Minerals 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 Sokoman Minerals will appreciate offsetting losses from the drop in the long position's value.Sokoman Minerals Pair Trading
Sokoman Minerals Corp Pair Trading Analysis
The ability to find closely correlated positions to Sokoman Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sokoman Minerals 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 Sokoman Minerals - 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 Sokoman Minerals Corp to buy it.
The correlation of Sokoman Minerals 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 Sokoman Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sokoman Minerals Corp 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 Sokoman Minerals 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 Sokoman Minerals position
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Additional Tools for Sokoman Stock Analysis
When running Sokoman Minerals' price analysis, check to measure Sokoman 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.