Strikepoint Gold Cash And Equivalents vs. Market Capitalization

SKP Stock  CAD 0.16  0.07  30.43%   
Based on the measurements of profitability obtained from Strikepoint Gold's financial statements, Strikepoint Gold may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Strikepoint Gold's ability to earn profits and add value for shareholders. Sales General And Administrative To Revenue is likely to climb to 165.62 in 2024, whereas Price To Sales Ratio is likely to drop slightly above 12.2 K in 2024. At this time, Strikepoint Gold's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to climb to about 80.2 K in 2024, whereas Operating Income is likely to drop (3.6 M) in 2024.
For Strikepoint Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Strikepoint Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Strikepoint Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Strikepoint Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Strikepoint Gold 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 Strikepoint Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strikepoint Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strikepoint 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.

Strikepoint Gold Market Capitalization vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Strikepoint Gold's current stock value. Our valuation model uses many indicators to compare Strikepoint Gold value to that of its competitors to determine the firm's financial worth.
Strikepoint Gold is currently regarded as top stock in cash and equivalents category among its peers. It is rated third in market capitalization category among its peers creating about  0.54  of Market Capitalization per Cash And Equivalents. The ratio of Cash And Equivalents to Market Capitalization for Strikepoint Gold is roughly  1.86 . At this time, Strikepoint Gold's Market Cap 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 Strikepoint Gold's earnings, one of the primary drivers of an investment's value.

Strikepoint Market Capitalization vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Strikepoint Gold

Cash

 = 

Bank Deposits

+

Liquidities

 = 
10.34 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Strikepoint Gold

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
5.54 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Strikepoint Market Capitalization vs Competition

Strikepoint Gold is rated third in market capitalization category among its peers. Market capitalization of Materials industry is at this time estimated at about 111.24 Million. Strikepoint Gold holds roughly 5.54 Million in market capitalization claiming about 5% of all equities under Materials industry.
Capitalization  Valuation  Total debt  Workforce  Revenue

Strikepoint Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Strikepoint Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Strikepoint Gold will eventually generate negative long term returns. The profitability progress is the general direction of Strikepoint Gold's change in net profit over the period of time. It can combine multiple indicators of Strikepoint 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 Income10.7 M5.5 M
Operating Income-3.5 M-3.6 M
Income Before Tax-3.5 M-3.3 M
Total Other Income Expense Net-29.2 K-27.7 K
Net Loss-3.5 M-3.3 M
Income Tax Expense-3.3 K-3.5 K
Net Loss-3.5 M-3.7 M
Net Loss-1 M-1.1 M
Net Interest Income76.4 K80.2 K
Interest Income76.4 K80.2 K
Change To Netincome1.2 M1.4 M
Net Loss(0.02)(0.02)
Income Quality 0.81  0.77 
Net Income Per E B T 0.84  0.96 

Strikepoint Profitability Driver Comparison

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

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Strikepoint Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Strikepoint Gold position

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Processed Foods Theme
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 48 constituents at this time.
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Additional Tools for Strikepoint Stock Analysis

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