Troilus Gold Corp Stock Net Income
| TLG Stock | CAD 0.29 0.01 3.33% |
Troilus Gold Corp fundamentals help investors to digest information that contributes to Troilus Gold's financial success or failures. It also enables traders to predict the movement of Troilus Stock. The fundamental analysis module provides a way to measure Troilus 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 Troilus Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -5 M | -5.3 M | |
| Net Loss | -5 M | -5.3 M | |
| Net Loss | -5 M | -5.3 M | |
| Net Loss | (0.13) | (0.46) | |
| Net Income Per E B T | 0.88 | 0.58 |
Troilus | Net Income |
Troilus Gold Corp Company Net Income Analysis
Troilus Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Troilus Gold Net Income | (5.58 M) |
Most of Troilus Gold's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Troilus Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Troilus Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Troilus Gold is extremely important. It helps to project a fair market value of Troilus Stock properly, considering its historical fundamentals such as Net Income. Since Troilus 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 Troilus 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 Troilus Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Troilus Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Troilus Gold Corp reported net income of (5.58 Million). This is 53.67% lower than that of the Metals & Mining sector and 100.45% lower than that of the Materials industry. The net income for all Canada stocks is 100.98% higher than that of the company.
Troilus Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Troilus Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Troilus Gold could also be used in its relative valuation, which is a method of valuing Troilus Gold by comparing valuation metrics of similar companies.Troilus Gold is currently under evaluation in net income category among its peers.
Troilus Fundamentals
| Return On Equity | -1.51 | ||||
| Return On Asset | -0.61 | ||||
| Current Valuation | 78.34 M | ||||
| Shares Outstanding | 364.99 M | ||||
| Shares Owned By Insiders | 2.16 % | ||||
| Shares Owned By Institutions | 33.10 % | ||||
| Number Of Shares Shorted | 275.2 K | ||||
| Price To Book | 2.97 X | ||||
| Gross Profit | (20 M) | ||||
| EBITDA | (33.71 M) | ||||
| Net Income | (5.58 M) | ||||
| Cash And Equivalents | 3.9 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 1.07 M | ||||
| Debt To Equity | 10.80 % | ||||
| Current Ratio | 2.41 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (31.11 M) | ||||
| Short Ratio | 0.68 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 1.19 | ||||
| Number Of Employees | 35 | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 105.85 M | ||||
| Total Asset | 36.83 M | ||||
| Retained Earnings | (166.73 M) | ||||
| Working Capital | 26.49 M | ||||
| Net Asset | 36.83 M |
About Troilus Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Troilus Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Troilus Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Troilus Gold Corp 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.
Pair Trading with Troilus Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Troilus Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Troilus Gold will appreciate offsetting losses from the drop in the long position's value.Moving against Troilus Stock
| 0.52 | FDY | Faraday Copper Corp | PairCorr |
| 0.47 | FSZ | Fiera Capital | PairCorr |
| 0.46 | LAC | Lithium Americas Corp | PairCorr |
| 0.44 | MAC | Themac Resources | PairCorr |
| 0.41 | IE | Ivanhoe Energy | PairCorr |
The ability to find closely correlated positions to Troilus Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Troilus Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Troilus Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Troilus Gold Corp to buy it.
The correlation of Troilus Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Troilus Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Troilus Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Troilus Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Troilus Stock
Troilus Gold financial ratios help investors to determine whether Troilus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Troilus with respect to the benefits of owning Troilus Gold security.