White Gold Price To Book vs. EBITDA
| WGO Stock | CAD 0.20 0.02 9.09% |
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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White Gold Corp EBITDA vs. Price To Book 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 third in price to book category among its peers. It is rated second in ebitda category among its peers . White Gold reported EBITDA of (2.09 Million) in 2023. 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 EBITDA vs. Price To Book
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.
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| = | 0.30 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
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| = | (2.09 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
White EBITDA Comparison
White Gold is currently under evaluation in ebitda 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 Reported | Projected for Next Year | ||
| Operating Income | -2.1 M | -2 M | |
| Net Loss | -2.2 M | -2.1 M | |
| Income Tax Expense | 130.8 K | 96 K | |
| Income Before Tax | -2.1 M | -2.2 M | |
| Total Other Income Expense Net | 8.3 K | 8.7 K | |
| Net Loss | -2.2 M | -2.3 M | |
| Net Loss | -1.1 M | -1.1 M | |
| Net Interest Income | 141.7 K | 148.8 K | |
| Interest Income | 150.3 K | 108.7 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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Financials ETFs
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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.