Western Alaska Total Debt vs. Price To Book
| WAMFF Stock | USD 0.43 0.07 19.44% |
For Western Alaska profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Western Alaska to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Western Alaska Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Western Alaska's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Western Alaska Minerals over time as well as its relative position and ranking within its peers.
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Western Alaska Minerals Price To Book vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Western Alaska's current stock value. Our valuation model uses many indicators to compare Western Alaska value to that of its competitors to determine the firm's financial worth. Western Alaska Minerals is rated first in total debt category among its peers. It is rated below average in price to book category among its peers . The ratio of Total Debt to Price To Book for Western Alaska Minerals is about 689,391 . 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 Western Alaska's earnings, one of the primary drivers of an investment's value.Western Total Debt vs. Competition
Western Alaska Minerals is rated first in total debt category among its peers. Total debt of Other Precious Metals & Mining industry is at this time estimated at about 3.4 Million. Western Alaska totals roughly 2.7 Million in total debt claiming about 79% of all equities under Other Precious Metals & Mining industry.
Western Price To Book 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.
Western Alaska |
| = | 2.7 M |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Western Alaska |
| = | 3.92 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Western Price To Book Comparison
Western Alaska is currently under evaluation in price to book category among its peers.
Western Alaska Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Western Alaska, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Western Alaska will eventually generate negative long term returns. The profitability progress is the general direction of Western Alaska's change in net profit over the period of time. It can combine multiple indicators of Western Alaska, 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.
Western Alaska Minerals Corp. engages in the development, exploration, and operation of mineral properties in the United States. It holds a 100 percent interest in the Illinois Creek mining district, which includes three distinct properties comprising Illinois Creek, Round Top, and Honker that consists of 222 mining claims covering an area of approximately 14,374 hectares located in the State of Alaska. Western Alaska operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Western Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Western Alaska. 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 Western Alaska 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 Western Alaska's important profitability drivers and their relationship over time.
Use Western Alaska 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 Western Alaska 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 Western Alaska will appreciate offsetting losses from the drop in the long position's value.Western Alaska Pair Trading
Western Alaska Minerals Pair Trading Analysis
The ability to find closely correlated positions to Western Alaska could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Alaska 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 Western Alaska - 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 Western Alaska Minerals to buy it.
The correlation of Western Alaska 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 Western Alaska moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Alaska Minerals 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 Western Alaska 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 Western Alaska position
In addition to having Western Alaska 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 Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 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 Medical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Western Pink Sheet
To fully project Western Alaska's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Western Alaska Minerals 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 Western Alaska's income statement, its balance sheet, and the statement of cash flows.