Unigold Total Debt vs. Short Ratio
| UGD Stock | CAD 0.06 0.01 14.29% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.81 | 0.91 |
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For Unigold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Unigold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Unigold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Unigold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Unigold over time as well as its relative position and ranking within its peers.
Unigold |
Unigold Short Ratio vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Unigold's current stock value. Our valuation model uses many indicators to compare Unigold value to that of its competitors to determine the firm's financial worth. Unigold is rated fifth in total debt category among its peers. It is rated fourth in short ratio category among its peers . The ratio of Total Debt to Short Ratio for Unigold is about 317,368 . 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 Unigold's earnings, one of the primary drivers of an investment's value.Unigold Total Debt vs. Competition
Unigold is rated fifth in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 431.96 Million. Unigold adds roughly 371,321 in total debt claiming only tiny portion of all equities under Materials industry.
Unigold Short Ratio vs. Total Debt
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.
Unigold |
| = | 371.32 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.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Unigold |
| = | 1.17 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Unigold Short Ratio Comparison
Unigold is currently under evaluation in short ratio category among its peers.
Unigold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Unigold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Unigold will eventually generate negative long term returns. The profitability progress is the general direction of Unigold's change in net profit over the period of time. It can combine multiple indicators of Unigold, 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 | ||
| Accumulated Other Comprehensive Income | 2.5 M | 2.4 M | |
| Operating Income | -3.2 M | -3 M | |
| Income Before Tax | -3.2 M | -3 M | |
| Total Other Income Expense Net | 24.4 K | 25.6 K | |
| Net Loss | -3.2 M | -3 M | |
| Income Tax Expense | 4.00 | 3.80 | |
| Net Loss | -3.2 M | -3.3 M | |
| Net Loss | -6.7 M | -6.4 M | |
| Net Interest Income | 292.00 | 277.40 | |
| Interest Income | 292.00 | 277.40 | |
| Change To Netincome | 290.4 K | 257.3 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 1.00 | 1.05 | |
| Net Income Per E B T | 1.05 | 2.06 |
Unigold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Unigold. 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 Unigold 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 Unigold's important profitability drivers and their relationship over time.
Use Unigold 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 Unigold 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 Unigold will appreciate offsetting losses from the drop in the long position's value.Unigold Pair Trading
Unigold Pair Trading Analysis
The ability to find closely correlated positions to Unigold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unigold 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 Unigold - 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 Unigold to buy it.
The correlation of Unigold 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 Unigold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unigold 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 Unigold 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 Unigold position
In addition to having Unigold 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 Unigold Stock Analysis
When running Unigold's price analysis, check to measure Unigold'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 Unigold is operating at the current time. Most of Unigold's value examination focuses on studying past and present price action to predict the probability of Unigold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unigold's price. Additionally, you may evaluate how the addition of Unigold to your portfolios can decrease your overall portfolio volatility.