Desert Gold Ventures Stock Price To Sales
DAU Stock | CAD 0.06 0.01 14.29% |
Desert Gold Ventures fundamentals help investors to digest information that contributes to Desert Gold's financial success or failures. It also enables traders to predict the movement of Desert Stock. The fundamental analysis module provides a way to measure Desert Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Desert Gold stock.
Last Reported | Projected for Next Year |
Desert | Price To Sales |
Desert Gold Ventures Company Price To Sales Analysis
Desert Gold's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Desert Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Desert Gold is extremely important. It helps to project a fair market value of Desert Stock properly, considering its historical fundamentals such as Price To Sales. Since Desert Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Desert Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Desert Gold's interrelated accounts and indicators.
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Desert Gold Ventures has a Price To Sales of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The price to sales for all Canada stocks is 100.0% higher than that of the company.
Desert Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Desert Gold from analyzing Desert Gold's financial statements. These drivers represent accounts that assess Desert Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Desert Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 5.9M | 16.5M | 15.8M | 7.1M | 4.8M | 4.5M | |
Enterprise Value | 5.7M | 12.6M | 14.6M | 5.8M | 4.5M | 3.9M |
Desert Fundamentals
Return On Equity | -4.56 | ||||
Return On Asset | -1.58 | ||||
Current Valuation | 12.46 M | ||||
Shares Outstanding | 240.64 M | ||||
Shares Owned By Insiders | 7.23 % | ||||
Shares Owned By Institutions | 6.06 % | ||||
Number Of Shares Shorted | 549 | ||||
Price To Earning | (7.27) X | ||||
Price To Book | 70.04 X | ||||
EBITDA | (975.89 K) | ||||
Net Income | (984.93 K) | ||||
Cash And Equivalents | 44 K | ||||
Total Debt | 124.11 K | ||||
Debt To Equity | 466.60 % | ||||
Current Ratio | 0.46 X | ||||
Book Value Per Share | 0 X | ||||
Cash Flow From Operations | (1.23 M) | ||||
Earnings Per Share | (0.02) X | ||||
Target Price | 0.43 | ||||
Beta | 1.76 | ||||
Market Capitalization | 13.24 M | ||||
Total Asset | 299.08 K | ||||
Retained Earnings | (55.63 M) | ||||
Working Capital | 173.69 K | ||||
Net Asset | 299.08 K |
About Desert Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Desert Gold Ventures's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Desert Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Desert Gold Ventures based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Desert Stock Analysis
When running Desert Gold's price analysis, check to measure Desert Gold'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 Desert Gold is operating at the current time. Most of Desert Gold's value examination focuses on studying past and present price action to predict the probability of Desert Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desert Gold's price. Additionally, you may evaluate how the addition of Desert Gold to your portfolios can decrease your overall portfolio volatility.