American Manganese Price To Book vs. Total Debt
| AMY Stock | CAD 0.14 0.00 0.00% |
For American Manganese profitability analysis, we use financial ratios and fundamental drivers that measure the ability of American Manganese to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well American Manganese utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between American Manganese's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of American Manganese over time as well as its relative position and ranking within its peers.
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American Manganese Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining American Manganese's current stock value. Our valuation model uses many indicators to compare American Manganese value to that of its competitors to determine the firm's financial worth. American Manganese is rated fourth in price to book category among its peers. It is rated fifth in total debt category among its peers making up about 86,000 of Total Debt per Price To Book. Total Debt To Capitalization is likely to drop to -0.09 in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the American Manganese's earnings, one of the primary drivers of an investment's value.American Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
American Manganese |
| = | 1.91 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
American Manganese |
| = | 164.59 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
American Total Debt vs Competition
American Manganese is rated fifth in total debt category among its peers. Total debt of Materials industry is presently estimated at about 7.57 Million. American Manganese holds roughly 164,586 in total debt claiming about 2.17% of all equities under Materials industry.
American Manganese Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in American Manganese, profitability is also one of the essential criteria for including it into their portfolios because, without profit, American Manganese will eventually generate negative long term returns. The profitability progress is the general direction of American Manganese's change in net profit over the period of time. It can combine multiple indicators of American Manganese, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 42.4 M | 44.6 M | |
| Operating Income | -9 M | -8.5 M | |
| Income Before Tax | -8.7 M | -8.3 M | |
| Total Other Income Expense Net | -587 K | -616.4 K | |
| Net Loss | -8.7 M | -8.3 M | |
| Income Tax Expense | -1.1 M | -1 M | |
| Net Loss | -8.7 M | -8.3 M | |
| Net Loss | -10.2 M | -9.7 M | |
| Net Interest Income | 1 M | 1.1 M | |
| Interest Income | 1 M | 1.1 M | |
| Change To Netincome | 7.1 M | 7.5 M | |
| Net Loss | (0.03) | (0.04) | |
| Income Quality | 0.49 | 0.45 | |
| Net Income Per E B T | 1.12 | 1.18 |
American Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on American Manganese. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of American Manganese position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the American Manganese's important profitability drivers and their relationship over time.
Use American Manganese in pair-trading
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 American Manganese 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 American Manganese will appreciate offsetting losses from the drop in the long position's value.American Manganese Pair Trading
American Manganese Pair Trading Analysis
The ability to find closely correlated positions to American Manganese could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Manganese 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 American Manganese - 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 American Manganese to buy it.
The correlation of American Manganese 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 American Manganese moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Manganese 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 American Manganese 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.Use Investing Themes to Complement your American Manganese position
In addition to having American Manganese in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 45 constituents at this time.
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Additional Tools for American Stock Analysis
When running American Manganese's price analysis, check to measure American Manganese'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 American Manganese is operating at the current time. Most of American Manganese's value examination focuses on studying past and present price action to predict the probability of American Manganese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Manganese's price. Additionally, you may evaluate how the addition of American Manganese to your portfolios can decrease your overall portfolio volatility.