Volcanic Gold Current Ratio vs. Retained Earnings

VG Stock  CAD 0.05  0.01  16.67%   
Based on the measurements of profitability obtained from Volcanic Gold's financial statements, Volcanic Gold Mines may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Volcanic Gold's ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
13.65845176
Current Value
8.69
Quarterly Volatility
15.08656341
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Volcanic Gold's Days Sales Outstanding is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 76.05 in 2024, despite the fact that EV To Sales is likely to grow to (2.12). Total Other Income Expense Net is likely to climb to about 143.7 K in 2024, whereas Accumulated Other Comprehensive Income is likely to drop slightly above 1.4 M in 2024.
For Volcanic Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Volcanic Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Volcanic Gold Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Volcanic Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Volcanic Gold Mines over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Volcanic Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volcanic Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volcanic Gold'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.

Volcanic Gold Mines Retained Earnings vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Volcanic Gold's current stock value. Our valuation model uses many indicators to compare Volcanic Gold value to that of its competitors to determine the firm's financial worth.
Volcanic Gold Mines is rated fourth in current ratio category among its peers. It is rated fourth in retained earnings category among its peers . At this time, Volcanic Gold's Current Ratio is fairly 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 Volcanic Gold's earnings, one of the primary drivers of an investment's value.

Volcanic Retained Earnings vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Volcanic Gold

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
2.23 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Volcanic Gold

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

 = 
(24.96 M)
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Volcanic Retained Earnings Comparison

Volcanic Gold is currently under evaluation in retained earnings category among its peers.

Volcanic Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Volcanic Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Volcanic Gold will eventually generate negative long term returns. The profitability progress is the general direction of Volcanic Gold's change in net profit over the period of time. It can combine multiple indicators of Volcanic Gold, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive IncomeM1.4 M
Operating Income-2.4 M-2.3 M
Income Before Tax-2.3 M-2.4 M
Total Other Income Expense Net136.8 K143.7 K
Net Loss-2.3 M-2.4 M
Income Tax Expense(3.00)(2.85)
Net Loss-2.3 M-2.4 M
Net Loss-4 M-3.8 M
Net Interest Income142.1 K76 K
Interest Income142.1 K76 K
Change To Netincome-38.9 K-37 K
Net Loss(0.05)(0.05)
Income Quality 0.97  0.51 
Net Income Per E B T 0.87  0.77 

Volcanic Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Volcanic Gold. 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 Volcanic Gold 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 Volcanic Gold's important profitability drivers and their relationship over time.

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Correlation Analysis

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Steel Works Etc Theme
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Additional Tools for Volcanic Stock Analysis

When running Volcanic Gold's price analysis, check to measure Volcanic Gold'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 Volcanic Gold is operating at the current time. Most of Volcanic Gold's value examination focuses on studying past and present price action to predict the probability of Volcanic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volcanic Gold's price. Additionally, you may evaluate how the addition of Volcanic Gold to your portfolios can decrease your overall portfolio volatility.