St Georges Debt To Equity vs. Price To Book
| SXOOF Stock | USD 0.03 0 3.03% |
For St Georges profitability analysis, we use financial ratios and fundamental drivers that measure the ability of St Georges to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well St Georges Eco Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between St Georges's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of St Georges Eco Mining Corp over time as well as its relative position and ranking within its peers.
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St Georges Eco Price To Book vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining St Georges's current stock value. Our valuation model uses many indicators to compare St Georges value to that of its competitors to determine the firm's financial worth. St Georges Eco Mining Corp is currently regarded as top stock in debt to equity category among its peers. It is rated below average in price to book category among its peers fabricating about 1.75 of Price To Book per Debt To Equity. 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 St Georges' earnings, one of the primary drivers of an investment's value.SXOOF Price To Book 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.
St Georges |
| = | 1.50 % |
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.
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.
St Georges |
| = | 2.61 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.
SXOOF Price To Book Comparison
St Georges is currently under evaluation in price to book category among its peers.
St Georges Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in St Georges, profitability is also one of the essential criteria for including it into their portfolios because, without profit, St Georges will eventually generate negative long term returns. The profitability progress is the general direction of St Georges' change in net profit over the period of time. It can combine multiple indicators of St Georges, 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.
St-Georges Eco-Mining Corp. engages in the exploration and evaluation of mineral properties in Canada and Iceland. St-Georges Eco-Mining Corp. was incorporated in 2002 and is headquartered in Montreal, Canada. St Georges is traded on OTC Exchange in the United States.
SXOOF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on St Georges. 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 St Georges 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 St Georges' important profitability drivers and their relationship over time.
Use St Georges 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 St Georges 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 St Georges will appreciate offsetting losses from the drop in the long position's value.St Georges Pair Trading
St Georges Eco Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to St Georges could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St Georges 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 St Georges - 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 St Georges Eco Mining Corp to buy it.
The correlation of St Georges 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 St Georges moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St Georges Eco 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 St Georges 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 St Georges position
In addition to having St Georges 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in SXOOF OTC Stock
To fully project St Georges' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of St Georges Eco 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 St Georges' income statement, its balance sheet, and the statement of cash flows.