Silver Range EBITDA vs. Total Debt
| SLRRF Stock | USD 0.05 0.03 150.00% |
For Silver Range profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Silver Range to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Silver Range Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Silver Range's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Silver Range Resources over time as well as its relative position and ranking within its peers.
Silver |
Silver Range Resources Total Debt vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Silver Range's current stock value. Our valuation model uses many indicators to compare Silver Range value to that of its competitors to determine the firm's financial worth. Silver Range Resources is rated fifth in ebitda category among its peers. It is rated below average in total debt category among its peers making up about 0.01 of Total Debt per EBITDA. The ratio of EBITDA to Total Debt for Silver Range Resources is roughly 148.50 . 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 Silver Range's earnings, one of the primary drivers of an investment's value.Silver Total Debt vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Silver Range |
| = | 4.29 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Silver Range |
| = | 28.88 K |
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.
Silver Total Debt vs Competition
Silver Range Resources is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 804.08 Million. Silver Range adds roughly 28,880 in total debt claiming only tiny portion of all equities under Materials industry.
Silver Range Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Silver Range, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Silver Range will eventually generate negative long term returns. The profitability progress is the general direction of Silver Range's change in net profit over the period of time. It can combine multiple indicators of Silver Range, 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.
Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. Silver Range is traded on OTC Exchange in the United States.
Silver Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Silver Range. 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 Silver Range 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 Silver Range's important profitability drivers and their relationship over time.
Use Silver Range 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 Silver Range 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 Silver Range will appreciate offsetting losses from the drop in the long position's value.Silver Range Pair Trading
Silver Range Resources Pair Trading Analysis
The ability to find closely correlated positions to Silver Range could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Range 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 Silver Range - 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 Silver Range Resources to buy it.
The correlation of Silver Range 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 Silver Range moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Range 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 Silver Range 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 Silver Range position
In addition to having Silver Range 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 Giant Impact Thematic Idea Now
Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 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 Giant Impact Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Silver Pink Sheet
To fully project Silver Range's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Silver Range Resources 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 Silver Range's income statement, its balance sheet, and the statement of cash flows.