US GoldMining Total Debt vs. Book Value Per Share
| USGO Stock | 10.50 0.32 2.96% |
For US GoldMining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of US GoldMining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well US GoldMining Common utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between US GoldMining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of US GoldMining Common over time as well as its relative position and ranking within its peers.
USGO |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US GoldMining. If investors know USGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Return On Assets (0.92) | Return On Equity (1.71) |
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
US GoldMining Common Book Value Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining US GoldMining's current stock value. Our valuation model uses many indicators to compare US GoldMining value to that of its competitors to determine the firm's financial worth. US GoldMining Common is rated below average in total debt category among its peers. It is rated below average in book value per share category among its peers . The ratio of Total Debt to Book Value Per Share for US GoldMining Common is about 137,416 . At this time, US GoldMining's Book Value Per Share is very stable compared to the past year. 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 US GoldMining's earnings, one of the primary drivers of an investment's value.USGO Total Debt vs. Competition
US GoldMining Common is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 38.87 Billion. US GoldMining adds roughly 135,355 in total debt claiming only tiny portion of all equities under Materials industry.
USGO Book Value Per Share 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.
US GoldMining |
| = | 135.35 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
US GoldMining |
| = | 0.98 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
USGO Book Value Per Share Comparison
US GoldMining is currently under evaluation in book value per share category among its peers.
US GoldMining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in US GoldMining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, US GoldMining will eventually generate negative long term returns. The profitability progress is the general direction of US GoldMining's change in net profit over the period of time. It can combine multiple indicators of US GoldMining, 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 | -8.8 M | -8.4 M | |
| Net Loss | -8.4 M | -8 M | |
| Income Before Tax | -8.4 M | -8 M | |
| Net Loss | -1.6 M | -1.6 M | |
| Net Loss | -8.4 M | -8 M | |
| Income Tax Expense | 5.7 K | 6 K | |
| Total Other Income Expense Net | 488.9 K | 513.3 K | |
| Net Interest Income | 491 K | 515.5 K | |
| Interest Income | 491 K | 515.5 K | |
| Change To Netincome | 75.1 K | 64.3 K | |
| Net Loss | (0.87) | (0.82) | |
| Income Quality | 0.91 | 0.68 | |
| Net Income Per E B T | 0.90 | 0.80 |
USGO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on US GoldMining. 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 US GoldMining 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 US GoldMining's important profitability drivers and their relationship over time.
Use US GoldMining 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 US GoldMining 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 US GoldMining will appreciate offsetting losses from the drop in the long position's value.US GoldMining Pair Trading
US GoldMining Common Pair Trading Analysis
The ability to find closely correlated positions to US GoldMining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US GoldMining 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 US GoldMining - 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 US GoldMining Common to buy it.
The correlation of US GoldMining 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 US GoldMining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US GoldMining Common 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 US GoldMining 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 US GoldMining position
In addition to having US GoldMining 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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To fully project US GoldMining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of US GoldMining Common 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 US GoldMining's income statement, its balance sheet, and the statement of cash flows.