Devex Resources Limited Stock Analysis
| UREQF Stock | USD 0.0001 0.00 0.00% |
DevEx Resources holds a debt-to-equity ratio of 0.029. DevEx Resources' financial risk is the risk to DevEx Resources stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
DevEx Resources' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. DevEx Resources' 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 DevEx Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect DevEx Resources' stakeholders.
For many companies, including DevEx Resources, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for DevEx Resources Limited, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, DevEx Resources' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that DevEx Resources' 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 DevEx Resources 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 DevEx Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, DevEx Resources is said to be less leveraged. If creditors hold a majority of DevEx Resources' assets, the Company is said to be highly leveraged.
DevEx Resources Limited is overvalued with Real Value of 8.4E-5 and Hype Value of 1.0E-4. The main objective of DevEx Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what DevEx Resources Limited is worth, separate from its market price. There are two main types of DevEx Resources' stock analysis: fundamental analysis and technical analysis.
The DevEx Resources 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 DevEx Resources' ongoing operational relationships across important fundamental and technical indicators.
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DevEx Pink Sheet Analysis Notes
About 30.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 0.02. DevEx Resources had not issued any dividends in recent years. The entity had 1:12 split on the 29th of November 2018. DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. Devex Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for DevEx Resources Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call the company at 61 8 6186 9490 or visit https://www.devexresources.com.au.DevEx Resources Investment Alerts
| DevEx Resources generated a negative expected return over the last 90 days | |
| DevEx Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (11.91 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DevEx Resources Limited has accumulated about 16.58 M in cash with (9.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company outstanding shares are owned by insiders |
DevEx Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 166.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DevEx Resources's market, we take the total number of its shares issued and multiply it by DevEx Resources'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
In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of DevEx Resources, as well as the relationship between them.DevEx Resources Price Movement Analysis
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DevEx Resources Debt to Cash Allocation
Many companies such as DevEx Resources, 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.
DevEx Resources Limited has accumulated 495.99 K in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. DevEx Resources has a current ratio of 14.37, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist DevEx Resources until it has trouble settling it off, either with new capital or with free cash flow. So, DevEx Resources' 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 DevEx Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DevEx to invest in growth at high rates of return. When we think about DevEx Resources' use of debt, we should always consider it together with cash and equity.DevEx Resources 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 DevEx Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of DevEx Resources, which in turn will lower the firm's financial flexibility.About DevEx Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how DevEx Resources 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 DevEx 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 DevEx Resources. By using and applying DevEx Pink Sheet analysis, traders can create a robust methodology for identifying DevEx entry and exit points for their positions.
DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. Devex Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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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 DevEx Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running DevEx Resources' price analysis, check to measure DevEx Resources' 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 DevEx Resources is operating at the current time. Most of DevEx Resources' value examination focuses on studying past and present price action to predict the probability of DevEx Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DevEx Resources' price. Additionally, you may evaluate how the addition of DevEx Resources to your portfolios can decrease your overall portfolio volatility.
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