Vendetta Mining Cash Flow From Operations vs. Current Ratio

VTT Stock  CAD 0.01  0.00  0.00%   
Considering the key profitability indicators obtained from Vendetta Mining's historical financial statements, Vendetta Mining Corp 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 Vendetta Mining's ability to earn profits and add value for shareholders. At this time, Vendetta Mining's Book Value Per Share is fairly stable compared to the past year. Average Payables is likely to climb to about 54.2 K in 2024, whereas Free Cash Flow Yield is likely to drop (0.05) in 2024.
For Vendetta Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vendetta Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vendetta Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vendetta Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vendetta Mining Corp 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 Vendetta Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vendetta Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vendetta Mining'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.

Vendetta Mining Corp Current Ratio vs. Cash Flow From Operations Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Vendetta Mining's current stock value. Our valuation model uses many indicators to compare Vendetta Mining value to that of its competitors to determine the firm's financial worth.
Vendetta Mining Corp is rated first in cash flow from operations category among its peers. It is rated first in current ratio category among its peers . At this time, Vendetta Mining'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 Vendetta Mining's earnings, one of the primary drivers of an investment's value.

Vendetta Current Ratio vs. Cash Flow From Operations

Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Vendetta Mining

Operating Cash Flow

 = 

EBITDA

-

Taxes

 = 
(247.41 K)
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.

Vendetta Mining

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.26 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).

Vendetta Current Ratio Comparison

Vendetta Mining is currently under evaluation in current ratio category among its peers.

Vendetta Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Vendetta Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vendetta Mining will eventually generate negative long term returns. The profitability progress is the general direction of Vendetta Mining's change in net profit over the period of time. It can combine multiple indicators of Vendetta Mining, 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 Income1.8 M943.7 K
Operating Income-656 K-688.8 K
Income Before Tax-666.2 K-699.5 K
Net Loss-666.2 K-699.5 K
Income Tax Expense192.1 K157.5 K
Total Other Income Expense Net 602.00  571.90 
Net Loss-666.2 K-699.5 K
Net Loss-2.2 M-2.3 M
Net Interest Income-10.8 K-11.3 K
Change To Netincome183.7 K332.5 K
Income Quality 0.37  0.35 

Vendetta Profitability Driver Comparison

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

Use Vendetta Mining 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 Vendetta Mining 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 Vendetta Mining will appreciate offsetting losses from the drop in the long position's value.

Vendetta Mining Pair Trading

Vendetta Mining Corp Pair Trading Analysis

The ability to find closely correlated positions to Vendetta Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vendetta Mining 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 Vendetta Mining - 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 Vendetta Mining Corp to buy it.
The correlation of Vendetta Mining 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 Vendetta Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vendetta Mining Corp 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 Vendetta Mining 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Vendetta Mining position

In addition to having Vendetta Mining 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.

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Additional Tools for Vendetta Stock Analysis

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