Azucar Minerals Price To Earning vs. Cash And Equivalents

AMZ Stock  CAD 0.03  0.01  28.57%   
Based on Azucar Minerals' profitability indicators, Azucar Minerals' profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess Azucar Minerals' ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 72.35 in 2024. Days Sales Outstanding is likely to drop to 186.24 in 2024. Income Tax Expense is likely to climb to 3.15 in 2024, whereas Accumulated Other Comprehensive Income is likely to drop slightly above 3.2 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.50.71
Way Down
Pretty Stable
For Azucar Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Azucar Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Azucar Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Azucar Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Azucar Minerals over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Azucar Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Azucar Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azucar Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Azucar Minerals Cash And Equivalents vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Azucar Minerals's current stock value. Our valuation model uses many indicators to compare Azucar Minerals value to that of its competitors to determine the firm's financial worth.
Azucar Minerals is rated second in price to earning category among its peers. It is number one stock in cash and equivalents category among its peers creating about  2,102,819  of Cash And Equivalents per Price To Earning. 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 Azucar Minerals' earnings, one of the primary drivers of an investment's value.

Azucar Cash And Equivalents vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Azucar Minerals

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
6.03 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Azucar Minerals

Cash

 = 

Bank Deposits

+

Liquidities

 = 
12.68 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Azucar Cash And Equivalents Comparison

Azucar Minerals is currently under evaluation in cash and equivalents category among its peers.

Azucar Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Azucar Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Azucar Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Azucar Minerals' change in net profit over the period of time. It can combine multiple indicators of Azucar Minerals, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.9 M3.2 M
Operating Income-514.8 K-540.5 K
Net Loss-439.7 K-461.7 K
Income Before Tax-23.2 M-22 M
Total Other Income Expense Net-22.6 M-21.5 M
Net Loss-496.6 K-521.4 K
Net Loss-23.2 M-22 M
Income Tax Expense 3.00  3.15 
Net Interest Income115.2 K70.9 K
Interest Income115.2 K70.9 K
Change To Netincome65.4 K62.2 K
Net Loss(0.31)(0.30)
Income Quality 0.01  0.01 

Azucar Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Azucar Minerals. 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 Azucar Minerals 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 Azucar Minerals' important profitability drivers and their relationship over time.

Use Azucar Minerals 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 Azucar Minerals 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 Azucar Minerals will appreciate offsetting losses from the drop in the long position's value.

Azucar Minerals Pair Trading

Azucar Minerals Pair Trading Analysis

The ability to find closely correlated positions to Azucar Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azucar Minerals 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 Azucar Minerals - 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 Azucar Minerals to buy it.
The correlation of Azucar Minerals 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 Azucar Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azucar Minerals 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 Azucar Minerals 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Azucar Minerals position

In addition to having Azucar Minerals 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.

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Additional Tools for Azucar Stock Analysis

When running Azucar Minerals' price analysis, check to measure Azucar Minerals' 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 Azucar Minerals is operating at the current time. Most of Azucar Minerals' value examination focuses on studying past and present price action to predict the probability of Azucar Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azucar Minerals' price. Additionally, you may evaluate how the addition of Azucar Minerals to your portfolios can decrease your overall portfolio volatility.