White Gold Total Debt vs. Net Income

WGO Stock  CAD 0.22  0.01  4.76%   
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. 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.
  
Check out Your Current Watchlist.
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 Net Income vs. Total Debt 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 total debt category among its peers. It is rated third in net income category among its peers . White Gold reported Net Loss of (2.22 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 Total Debt vs. Competition

White Gold Corp is rated first in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 16.42 Million. White Gold totals roughly 14.26 Million in total debt claiming about 87% of all equities under Materials industry.
Total debt  Capitalization  Revenue  Valuation  Workforce

White Net Income 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.

White Gold

Total Debt

 = 

Bonds

+

Notes

 = 
14.26 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

White Gold

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(2.22 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

White Net Income Comparison

White Gold is currently under evaluation in net income 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.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in White Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Manager Now

   

Portfolio Manager

State of the art Portfolio Manager to monitor and improve performance of your invested capital
All  Next Launch Module

Use Investing Themes to Complement your White Gold position

In addition to having White Gold 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 Alcohol Thematic Idea Now

Alcohol
Alcohol Theme
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 45 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 Alcohol Theme or any other thematic opportunities.
View All  Next Launch

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.