Ascot Resources Debt To Equity vs. Cash And Equivalents
| AOTVF Stock | USD 0.11 0.01 8.33% |
For Ascot Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ascot Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ascot Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ascot Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ascot Resources over time as well as its relative position and ranking within its peers.
Ascot |
Ascot Resources Cash And Equivalents vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ascot Resources's current stock value. Our valuation model uses many indicators to compare Ascot Resources value to that of its competitors to determine the firm's financial worth. Ascot Resources is number one stock in debt to equity category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 452,706,767 of Cash And Equivalents per Debt To Equity. 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 Ascot Resources' earnings, one of the primary drivers of an investment's value.Ascot Cash And Equivalents vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Ascot Resources |
| = | 0.13 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
Ascot Resources |
| = | 60.21 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).
Ascot Cash And Equivalents Comparison
Ascot Resources is currently under evaluation in cash and equivalents category among its peers.
Ascot Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ascot Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ascot Resources will eventually generate negative long term returns. The profitability progress is the general direction of Ascot Resources' change in net profit over the period of time. It can combine multiple indicators of Ascot Resources, 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.
Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. Ascot Resources Ltd. was incorporated in 1986 and is headquartered in Vancouver, Canada. ASCOT RESOURCES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 28 people.
Ascot Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ascot Resources. 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 Ascot Resources 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 Ascot Resources' important profitability drivers and their relationship over time.
Use Ascot Resources 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 Ascot Resources 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 Ascot Resources will appreciate offsetting losses from the drop in the long position's value.Ascot Resources Pair Trading
Ascot Resources Pair Trading Analysis
The ability to find closely correlated positions to Ascot Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascot Resources 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 Ascot Resources - 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 Ascot Resources to buy it.
The correlation of Ascot Resources 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 Ascot Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascot Resources 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 Ascot Resources 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 Ascot Resources position
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Other Information on Investing in Ascot OTC Stock
To fully project Ascot Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ascot Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ascot Resources' income statement, its balance sheet, and the statement of cash flows.