Spruce Ridge Resources Stock Analysis
| SRCGF Stock | USD 0.29 0.01 3.33% |
Spruce Ridge Resources holds a debt-to-equity ratio of 0.002. Spruce Ridge's financial risk is the risk to Spruce Ridge stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Spruce Ridge'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. Spruce Ridge's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the OTC Stock is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Spruce OTC Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Spruce Ridge's stakeholders.
For most companies, including Spruce Ridge, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Spruce Ridge Resources, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Spruce Ridge'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 Spruce Ridge's debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Spruce Ridge 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 Spruce Ridge to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Spruce Ridge is said to be less leveraged. If creditors hold a majority of Spruce Ridge's assets, the OTC Stock is said to be highly leveraged.
Spruce Ridge Resources is overvalued with Real Value of 0.24 and Hype Value of 0.3. The main objective of Spruce Ridge otc analysis is to determine its intrinsic value, which is an estimate of what Spruce Ridge Resources is worth, separate from its market price. There are two main types of Spruce Ridge's stock analysis: fundamental analysis and technical analysis.
The Spruce Ridge otc stock is traded in the USA on OTCQB 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 Spruce Ridge's ongoing operational relationships across important fundamental and technical indicators.
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Spruce OTC Stock Analysis Notes
About 26.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.18. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Spruce Ridge Resources had not issued any dividends in recent years. Spruce Ridge Resources Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 1989 and is headquartered in Puslinch, Canada. Spruce Ridge is traded on OTC Exchange in the United States.The quote for Spruce Ridge Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Spruce Ridge Resources contact the company at 519 822 5904 or learn more at https://www.spruceridgeresources.com.Spruce Ridge Resources Investment Alerts
| Spruce Ridge is way too risky over 90 days horizon | |
| Spruce Ridge has some characteristics of a very speculative penny stock | |
| Spruce Ridge appears to be risky and price may revert if volatility continues | |
| Spruce Ridge Resources has accumulated about 9.79 M in cash with (1.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders |
Spruce Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spruce Ridge's market, we take the total number of its shares issued and multiply it by Spruce Ridge'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.Spruce Profitablity
Spruce Ridge's profitability indicators refer to fundamental financial ratios that showcase Spruce Ridge's ability to generate income relative to its revenue or operating costs. If, let's say, Spruce Ridge is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Spruce Ridge's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Spruce Ridge's profitability requires more research than a typical breakdown of Spruce Ridge's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 168.75 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of (45.3) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $45.3. Technical Drivers
As of the 29th of January, Spruce Ridge has the Coefficient Of Variation of 420.52, semi deviation of 8.14, and Risk Adjusted Performance of 0.1844. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spruce Ridge Resources, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Spruce Ridge Resources, which can be compared to its competition. Please validate Spruce Ridge Resources maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Spruce Ridge is priced more or less accurately, providing market reflects its prevalent price of 0.29 per share. As Spruce Ridge Resources appears to be a penny stock we also recommend to double-check its total risk alpha numbers.Spruce Ridge Resources Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Spruce Ridge middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Spruce Ridge Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Spruce Ridge Predictive Daily Indicators
Spruce Ridge 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 Spruce Ridge otc stock 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.
Spruce Ridge Forecast Models
Spruce Ridge's time-series forecasting models are one of many Spruce Ridge's otc stock 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 Spruce Ridge'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.Spruce Ridge Resources Debt to Cash Allocation
Mature firms like Spruce Ridge reach inflection points where market saturation limits expansion. Incremental ventures yield diminishing marginal returns compared to core operations. When robust cash flows accumulate beyond reinvestment needs, capital repatriation via stock repurchases or dividends becomes attractive.
Spruce Ridge Resources has accumulated 60 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Spruce Ridge Resources has a current ratio of 45.69, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Spruce Ridge until it has trouble settling it off, either with new capital or with free cash flow. So, Spruce Ridge'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 Spruce Ridge Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spruce to invest in growth at high rates of return. When we think about Spruce Ridge's use of debt, we should always consider it together with cash and equity.Spruce Ridge 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 Spruce Ridge's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Spruce Ridge, which in turn will lower the firm's financial flexibility.About Spruce OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Spruce Ridge 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 Spruce shares will generate the highest return on investment. We also built our otc 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 OTC such as Spruce Ridge. By using and applying Spruce OTC Stock analysis, traders can create a robust methodology for identifying Spruce entry and exit points for their positions.
Spruce Ridge Resources Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 1989 and is headquartered in Puslinch, Canada. Spruce Ridge is traded on OTC Exchange in the United States.
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When running Spruce Ridge's price analysis, check to measure Spruce Ridge'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 Spruce Ridge is operating at the current time. Most of Spruce Ridge's value examination focuses on studying past and present price action to predict the probability of Spruce Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Ridge's price. Additionally, you may evaluate how the addition of Spruce Ridge to your portfolios can decrease your overall portfolio volatility.
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