White Gold Book Value Per Share vs. Shares Outstanding

WGO Stock  CAD 0.24  0.01  4.35%   
Based on the measurements of profitability obtained from White Gold's financial statements, White Gold 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 White Gold's ability to earn profits and add value for shareholders.
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
0.74522739
Current Value
0.71
Quarterly Volatility
1.03196342
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, White Gold's Capex To Depreciation is fairly stable compared to the past year. Payables Turnover is likely to climb to 0.55 in 2024, whereas Book Value Per Share is likely to drop 0.71 in 2024.
For White Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of White Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well White Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between White Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of White Gold 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 White Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if White Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, White 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.

White Gold Corp Shares Outstanding vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining White Gold's current stock value. Our valuation model uses many indicators to compare White Gold value to that of its competitors to determine the firm's financial worth.
White Gold Corp is rated first in book value per share category among its peers. It is rated third in shares outstanding category among its peers creating about  261,637,982  of Shares Outstanding per Book Value Per Share. At this time, White Gold's Book Value Per Share 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 White Gold's earnings, one of the primary drivers of an investment's value.

White Shares Outstanding vs. Book Value Per Share

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.

White Gold

Book Value per Share

 = 

Common Equity

Average Shares

 = 
0.67 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

White Gold

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
176.34 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

White Shares Outstanding Comparison

White Gold is currently under evaluation in shares outstanding category among its peers.

White Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in White Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, White Gold will eventually generate negative long term returns. The profitability progress is the general direction of White Gold's change in net profit over the period of time. It can combine multiple indicators of White 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
Operating Income-2.1 M-2 M
Net Loss-2.2 M-2.1 M
Income Tax Expense130.8 K96 K
Income Before Tax-2.1 M-2.2 M
Total Other Income Expense Net8.3 K8.7 K
Net Loss-2.2 M-2.3 M
Net Loss-1.1 M-1.1 M
Net Interest Income141.7 K148.8 K
Interest Income150.3 K108.7 K
Change To Netincome-1.6 M-1.5 M
Net Loss(0.01)(0.01)
Income Quality 0.78  0.75 
Net Income Per E B T 1.06  1.02 

White Profitability Driver Comparison

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

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Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 41 constituents at this time.
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Additional Tools for White Stock Analysis

When running White Gold's price analysis, check to measure White 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 White Gold is operating at the current time. Most of White Gold's value examination focuses on studying past and present price action to predict the probability of White 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 White Gold's price. Additionally, you may evaluate how the addition of White Gold to your portfolios can decrease your overall portfolio volatility.