Trilogy Metals Shares Outstanding vs. Total Debt
| TMQ Stock | CAD 1.60 0.10 5.88% |
For Trilogy Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Trilogy Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Trilogy Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Trilogy Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Trilogy Metals over time as well as its relative position and ranking within its peers.
Trilogy |
Trilogy Metals Total Debt vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Trilogy Metals's current stock value. Our valuation model uses many indicators to compare Trilogy Metals value to that of its competitors to determine the firm's financial worth. Trilogy Metals is currently regarded as top stock in shares outstanding category among its peers. It is rated fifth in total debt category among its peers . The ratio of Shares Outstanding to Total Debt for Trilogy Metals is about 4,876 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Trilogy Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Trilogy Metals' Stock. 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.Trilogy Total Debt vs. Shares Outstanding
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.
Trilogy Metals |
| = | 160.9 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.
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.
Trilogy Metals |
| = | 33 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.
Trilogy Total Debt vs Competition
Trilogy Metals is rated fifth in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 633,390. Trilogy Metals holds roughly 33,000 in total debt claiming about 5% of all equities under Materials industry.
Trilogy Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Trilogy Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Trilogy Metals will eventually generate negative long term returns. The profitability progress is the general direction of Trilogy Metals' change in net profit over the period of time. It can combine multiple indicators of Trilogy Metals, 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 | ||
| Operating Income | -6.4 M | -6.7 M | |
| Income Before Tax | -17.2 M | -16.3 M | |
| Total Other Income Expense Net | -9 M | -8.6 M | |
| Net Loss | -17.2 M | -16.3 M | |
| Income Tax Expense | 15.5 M | 16.3 M | |
| Net Loss | -17.2 M | -16.3 M | |
| Net Loss | -27.9 M | -26.5 M | |
| Interest Income | 138 K | 131.1 K | |
| Net Interest Income | 108 K | 122.3 K | |
| Change To Netincome | 18.7 M | 19.6 M | |
| Net Loss | (0.09) | (0.08) | |
| Income Quality | 0.24 | 0.23 | |
| Net Income Per E B T | 0.90 | 0.89 |
Trilogy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Trilogy Metals. 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 Trilogy Metals 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 Trilogy Metals' important profitability drivers and their relationship over time.
Use Trilogy Metals 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 Trilogy Metals 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.Trilogy Metals Pair Trading
Trilogy Metals Pair Trading Analysis
The ability to find closely correlated positions to Trilogy Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogy Metals 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 Trilogy Metals - 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 Trilogy Metals to buy it.
The correlation of Trilogy Metals 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals 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 Trilogy Metals 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 Trilogy Metals position
In addition to having Trilogy Metals 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Check out World Market Map. To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project Trilogy Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Trilogy Metals 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 Trilogy Metals' income statement, its balance sheet, and the statement of cash flows.