Goldcorp Analysis
Goldcorp has over 3.1 Billion in debt which may indicate that it relies heavily on debt financing. Goldcorp's financial risk is the risk to Goldcorp stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Goldcorp'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. Goldcorp'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 Goldcorp Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Goldcorp's stakeholders.
For many companies, including Goldcorp, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Goldcorp, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Goldcorp'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 Goldcorp'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 Goldcorp 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 Goldcorp to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Goldcorp is said to be less leveraged. If creditors hold a majority of Goldcorp's assets, the Company is said to be highly leveraged.
Goldcorp is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Goldcorp delisted stock analysis is to determine its intrinsic value, which is an estimate of what Goldcorp is worth, separate from its market price. There are two main types of Goldcorp's stock analysis: fundamental analysis and technical analysis.
The Goldcorp stock is traded in the USA on New York Stock 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 Goldcorp's ongoing operational relationships across important fundamental and technical indicators.
Goldcorp |
Goldcorp Stock Analysis Notes
The company has price-to-book (P/B) ratio of 0.98. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goldcorp has Price/Earnings To Growth (PEG) ratio of 0.68. The entity recorded a loss per share of 4.77. The firm last dividend was issued on the 13th of March 2019. Goldcorp had 2:1 split on the 29th of May 2002. Goldcorp Inc. acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. The company was founded in 1954 and is headquartered in Vancouver, Canada. Goldcorp operates under Gold classification in USA and is traded on BATS Exchange. It employs 7980 people. To learn more about Goldcorp call the company at 604-696-3000 or check out http://www.goldcorp.com.Goldcorp Investment Alerts
| Goldcorp is not yet fully synchronised with the market data | |
| Goldcorp has some characteristics of a very speculative penny stock | |
| Goldcorp has a very high chance of going through financial distress in the upcoming years | |
| Goldcorp reports 3.1 B of total liabilities with total debt to equity ratio (D/E) of 31.4, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Goldcorp has a current ratio of 0.85, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Goldcorp to invest in growth at high rates of return. | |
| The entity generated the yearly revenue of 3.03 B. Annual Net Loss to common stockholders was (4.15 B) with gross profit of 1.55 B. |
Goldcorp Market Capitalization
The company currently falls under 'Mid-Cap' category with a market capitalization of 9.25 B.Goldcorp Profitablity
The company has Net Profit Margin (PM) of (136.84) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (155.38) %, which signifies that for every 100 dollars of sales, it has a net operating loss of $155.38.Goldcorp Outstanding Bonds
Goldcorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Goldcorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Goldcorp bonds can be classified according to their maturity, which is the date when Goldcorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Goldcorp Debt to Cash Allocation
Many companies such as Goldcorp, 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.
Goldcorp reports 3.1 B of total liabilities with total debt to equity ratio (D/E) of 31.4, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Goldcorp has a current ratio of 0.85, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Goldcorp to invest in growth at high rates of return. Goldcorp 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 Goldcorp's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Goldcorp, which in turn will lower the firm's financial flexibility.Goldcorp Corporate Bonds Issued
Most Goldcorp bonds can be classified according to their maturity, which is the date when Goldcorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Other Consideration for investing in Goldcorp Stock
If you are still planning to invest in Goldcorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Goldcorp's history and understand the potential risks before investing.
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