Elcora Advanced Materials Stock Analysis
| ECORF Stock | USD 0.32 0.06 23.08% |
Elcora Advanced Materials has over 680,268 in debt which may indicate that it relies heavily on debt financing. Elcora Advanced's financial risk is the risk to Elcora Advanced stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Elcora Advanced's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Elcora Advanced's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Elcora Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Elcora Advanced's stakeholders.
For many companies, including Elcora Advanced, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Elcora Advanced Materials, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Elcora Advanced's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Elcora Advanced's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Elcora Advanced is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Elcora Advanced to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Elcora Advanced is said to be less leveraged. If creditors hold a majority of Elcora Advanced's assets, the Company is said to be highly leveraged.
Elcora Advanced Materials is overvalued with Real Value of 0.22 and Hype Value of 0.32. The main objective of Elcora Advanced pink sheet analysis is to determine its intrinsic value, which is an estimate of what Elcora Advanced Materials is worth, separate from its market price. There are two main types of Elcora Advanced's stock analysis: fundamental analysis and technical analysis.
The Elcora Advanced pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elcora Advanced's ongoing operational relationships across important fundamental and technical indicators.
Elcora |
Elcora Pink Sheet Analysis Notes
The company recorded a loss per share of 0.01. Elcora Advanced Materials had not issued any dividends in recent years. Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.The quote for Elcora Advanced Materials is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Elcora Advanced Materials call Troy Grant at 604-336-3194 or check out https://www.elcoracorp.com.Elcora Advanced Materials Investment Alerts
| Elcora Advanced is way too risky over 90 days horizon | |
| Elcora Advanced has some characteristics of a very speculative penny stock | |
| Elcora Advanced appears to be risky and price may revert if volatility continues | |
| Elcora Advanced Materials has accumulated 680.27 K in total debt with debt to equity ratio (D/E) of 7.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elcora Advanced Materials has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (959.09 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elcora Advanced Materials has accumulated about 208.06 K in cash with (1.43 M) of positive cash flow from operations. |
Elcora Advanced Thematic Classifications
In addition to having Elcora Advanced pink sheet in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Elcora Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elcora Advanced's market, we take the total number of its shares issued and multiply it by Elcora Advanced's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 5th of February, Elcora Advanced shows the Semi Deviation of 5.42, mean deviation of 6.54, and Downside Deviation of 15.38. Elcora Advanced Materials technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elcora Advanced Materials coefficient of variation and the relationship between the jensen alpha and skewness to decide if Elcora Advanced Materials is priced favorably, providing market reflects its regular price of 0.32 per share. As Elcora Advanced Materials appears to be a penny stock we also advise to verify its total risk alpha numbers.Elcora Advanced Materials Price Movement Analysis
The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Moving Average is predictive technique used to analyze Elcora Advanced Materials price data points by creating a series of averages of different subsets of Elcora Advanced entire price series.
Elcora Advanced Predictive Daily Indicators
Elcora Advanced intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elcora Advanced pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 421.88 | |||
| Daily Balance Of Power | 2.0 | |||
| Rate Of Daily Change | 1.23 | |||
| Day Median Price | 0.31 | |||
| Day Typical Price | 0.31 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.06 |
Elcora Advanced Forecast Models
Elcora Advanced's time-series forecasting models are one of many Elcora Advanced's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elcora Advanced's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Elcora Advanced Materials Debt to Cash Allocation
Many companies such as Elcora Advanced, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Elcora Advanced Materials has accumulated 680.27 K in total debt with debt to equity ratio (D/E) of 7.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elcora Advanced Materials has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity.Elcora Advanced Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Elcora Advanced's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Elcora Advanced, which in turn will lower the firm's financial flexibility.About Elcora Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Elcora Advanced prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elcora shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Elcora Advanced. By using and applying Elcora Pink Sheet analysis, traders can create a robust methodology for identifying Elcora entry and exit points for their positions.
Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Elcora Advanced to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Elcora Advanced's price analysis, check to measure Elcora Advanced'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 Elcora Advanced is operating at the current time. Most of Elcora Advanced's value examination focuses on studying past and present price action to predict the probability of Elcora Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elcora Advanced's price. Additionally, you may evaluate how the addition of Elcora Advanced to your portfolios can decrease your overall portfolio volatility.
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