Syrah Resources Current Valuation vs. Total Debt
| SRHYY Stock | USD 0.18 0.01 5.88% |
For Syrah Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Syrah Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Syrah Resources Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Syrah Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Syrah Resources Limited over time as well as its relative position and ranking within its peers.
Syrah |
Syrah Resources Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Syrah Resources's current stock value. Our valuation model uses many indicators to compare Syrah Resources value to that of its competitors to determine the firm's financial worth. Syrah Resources Limited is rated second in current valuation category among its peers. It also is rated second in total debt category among its peers making up about 0.07 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Syrah Resources Limited is roughly 15.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Syrah Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Syrah Resources' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Syrah Current Valuation vs. Competition
Syrah Resources Limited is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is at this time estimated at about 21.31 Billion. Syrah Resources holds roughly 1.06 Billion in current valuation claiming about 5% of all equities under Other Industrial Metals & Mining industry.
Syrah Total Debt vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Syrah Resources |
| = | 1.06 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Syrah Resources |
| = | 69.85 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.
Syrah Total Debt vs Competition
Syrah Resources Limited is rated second in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is at this time estimated at about 3.61 Billion. Syrah Resources claims roughly 69.85 Million in total debt contributing just under 2% to all equities under Other Industrial Metals & Mining industry.
Syrah Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Syrah Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Syrah Resources will eventually generate negative long term returns. The profitability progress is the general direction of Syrah Resources' change in net profit over the period of time. It can combine multiple indicators of Syrah 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.
Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Mozambique. The company was incorporated in 2007 and is headquartered in Melbourne, Australia. Syrah Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Syrah Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Syrah 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 Syrah 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 Syrah Resources' important profitability drivers and their relationship over time.
Use Syrah 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 Syrah 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 Syrah Resources will appreciate offsetting losses from the drop in the long position's value.Syrah Resources Pair Trading
Syrah Resources Limited Pair Trading Analysis
The ability to find closely correlated positions to Syrah 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 Syrah 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 Syrah 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 Syrah Resources Limited to buy it.
The correlation of Syrah 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 Syrah Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Syrah 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 Syrah 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 Syrah Resources position
In addition to having Syrah 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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Additional Tools for Syrah Pink Sheet Analysis
When running Syrah Resources' price analysis, check to measure Syrah 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 Syrah Resources is operating at the current time. Most of Syrah Resources' value examination focuses on studying past and present price action to predict the probability of Syrah Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syrah Resources' price. Additionally, you may evaluate how the addition of Syrah Resources to your portfolios can decrease your overall portfolio volatility.