Wealth Minerals Debt To Equity vs. Current Valuation
| WML Stock | CAD 0.06 0.01 8.33% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.000661 | Current Value 0.000694 | Quarterly Volatility 0.30799101 |
For Wealth Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wealth Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wealth Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wealth Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wealth Minerals over time as well as its relative position and ranking within its peers.
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Wealth Minerals Current Valuation vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wealth Minerals's current stock value. Our valuation model uses many indicators to compare Wealth Minerals value to that of its competitors to determine the firm's financial worth. Wealth Minerals is rated second in debt to equity category among its peers. It is rated third in current valuation category among its peers reporting about 2,101,411 of Current Valuation per Debt To Equity. At this time, Wealth Minerals' Debt To Equity 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 Wealth Minerals' earnings, one of the primary drivers of an investment's value.Wealth Current Valuation vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Wealth Minerals |
| = | 6.40 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Wealth Minerals |
| = | 13.45 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Wealth Current Valuation vs Competition
Wealth Minerals is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 460.1 Million. Wealth Minerals holds roughly 13.45 Million in current valuation claiming about 2.92% of all equities under Materials industry.
Wealth Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wealth Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wealth Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Wealth Minerals' change in net profit over the period of time. It can combine multiple indicators of Wealth Minerals, 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 | ||
| Accumulated Other Comprehensive Income | 30.6 M | 32.2 M | |
| Operating Income | -9.8 M | -9.3 M | |
| Income Before Tax | -8.8 M | -9.3 M | |
| Total Other Income Expense Net | 913.9 K | 959.6 K | |
| Net Loss | -9.4 M | -9.9 M | |
| Income Tax Expense | 542.1 K | 515 K | |
| Net Loss | -9.4 M | -9.9 M | |
| Net Loss | -8.4 M | -8.9 M | |
| Change To Netincome | 7.4 M | 7.7 M | |
| Net Loss | (0.03) | (0.03) | |
| Income Quality | 0.83 | 0.63 | |
| Net Loss | (1.57) | (1.49) |
Wealth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wealth Minerals. 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 Wealth Minerals 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 Wealth Minerals' important profitability drivers and their relationship over time.
Use Wealth Minerals 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 Wealth Minerals 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 Wealth Minerals will appreciate offsetting losses from the drop in the long position's value.Wealth Minerals Pair Trading
Wealth Minerals Pair Trading Analysis
The ability to find closely correlated positions to Wealth Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wealth Minerals 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 Wealth Minerals - 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 Wealth Minerals to buy it.
The correlation of Wealth Minerals 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 Wealth Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wealth 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 Wealth Minerals 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 Wealth Minerals position
In addition to having Wealth Minerals 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 Entertainment Thematic Idea Now
Entertainment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment 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 Entertainment Theme or any other thematic opportunities.
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Additional Tools for Wealth Stock Analysis
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.