Solitario Exploration Total Debt vs. Current Valuation
| XPL Stock | USD 0.61 0.01 1.67% |
For Solitario Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solitario Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solitario Exploration Royalty utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solitario Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solitario Exploration Royalty over time as well as its relative position and ranking within its peers.
Solitario |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solitario Exploration. If investors know Solitario will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solitario Exploration listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share (0.01) | Quarterly Revenue Growth (0.19) | Return On Assets (0.15) | Return On Equity (0.21) |
The market value of Solitario Exploration is measured differently than its book value, which is the value of Solitario that is recorded on the company's balance sheet. Investors also form their own opinion of Solitario Exploration's value that differs from its market value or its book value, called intrinsic value, which is Solitario Exploration's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solitario Exploration's market value can be influenced by many factors that don't directly affect Solitario Exploration's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solitario Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration'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.
Solitario Exploration Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solitario Exploration's current stock value. Our valuation model uses many indicators to compare Solitario Exploration value to that of its competitors to determine the firm's financial worth. Solitario Exploration Royalty is rated fifth in total debt category among its peers. It is rated fourth in current valuation category among its peers reporting about 462.05 of Current Valuation per Total Debt. Comparative valuation analysis is a catch-all technique that is used if you cannot value Solitario Exploration by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Solitario Total Debt vs. Competition
Solitario Exploration Royalty is rated fifth in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 9.2 Million. Solitario Exploration maintains roughly 89,000 in total debt contributing less than 1% to all equities under Materials industry.
Solitario Current Valuation 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.
Solitario Exploration |
| = | 89 K |
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.
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.
Solitario Exploration |
| = | 41.12 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.
Solitario Current Valuation vs Competition
Solitario Exploration Royalty is rated fourth 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 283.8 Million. Solitario Exploration retains roughly 41.12 Million in current valuation claiming about 14% of all equities under Materials industry.
Solitario Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solitario Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solitario Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Solitario Exploration's change in net profit over the period of time. It can combine multiple indicators of Solitario Exploration, 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 | -4.1 M | -4.3 M | |
| Income Before Tax | -3.8 M | -3.6 M | |
| Total Other Income Expense Net | 336 K | 592.8 K | |
| Net Loss | -3.8 M | -3.6 M | |
| Income Tax Expense | 3.8 M | 3.9 M | |
| Net Loss | -3.5 M | -3.4 M | |
| Net Loss | -3.4 M | -3.2 M | |
| Non Operating Income Net Other | -230.4 K | -218.9 K | |
| Interest Income | 122 K | 115.9 K | |
| Net Interest Income | 122 K | 153.2 K | |
| Change To Netincome | -108.1 K | -102.7 K | |
| Net Loss | (0.05) | (0.06) | |
| Income Quality | 0.87 | 0.94 | |
| Net Income Per E B T | 1.34 | 0.92 |
Solitario Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solitario Exploration. 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 Solitario Exploration 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 Solitario Exploration's important profitability drivers and their relationship over time.
Use Solitario Exploration 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 Solitario Exploration 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 Solitario Exploration will appreciate offsetting losses from the drop in the long position's value.Solitario Exploration Pair Trading
Solitario Exploration Royalty Pair Trading Analysis
The ability to find closely correlated positions to Solitario Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solitario Exploration 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 Solitario Exploration - 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 Solitario Exploration Royalty to buy it.
The correlation of Solitario Exploration 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 Solitario Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solitario Exploration 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 Solitario Exploration 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 Solitario Exploration position
In addition to having Solitario Exploration 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?
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Check out Your Current Watchlist. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
To fully project Solitario Exploration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solitario Exploration 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 Solitario Exploration's income statement, its balance sheet, and the statement of cash flows.