Aztec Minerals Current Ratio vs. Cash Flow From Operations
| AZZTF Stock | USD 0.12 0.01 7.69% |
For Aztec Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aztec Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aztec Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aztec Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aztec Minerals Corp over time as well as its relative position and ranking within its peers.
Aztec |
Aztec Minerals Corp Cash Flow From Operations vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aztec Minerals's current stock value. Our valuation model uses many indicators to compare Aztec Minerals value to that of its competitors to determine the firm's financial worth. Aztec Minerals Corp is rated second in current ratio category among its peers. It is number one stock in cash flow from operations category among its peers . 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 Aztec Minerals' earnings, one of the primary drivers of an investment's value.Aztec Cash Flow From Operations vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Aztec Minerals |
| = | 7.55 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Aztec Minerals |
| = | (1.23 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Aztec Cash Flow From Operations Comparison
Aztec Minerals is currently under evaluation in cash flow from operations category among its peers.
Aztec Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aztec Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aztec Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Aztec Minerals' change in net profit over the period of time. It can combine multiple indicators of Aztec 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.
Aztec Minerals Corp. acquires, explores for, and evaluates mineral resources in Canada, Mexico, and the United States. The company was incorporated in 2007 and is headquartered in Vancouver, Canada. AZTEC MINERALS operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Aztec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aztec 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 Aztec 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 Aztec Minerals' important profitability drivers and their relationship over time.
Use Aztec 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 Aztec 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 Aztec Minerals will appreciate offsetting losses from the drop in the long position's value.Aztec Minerals Pair Trading
Aztec Minerals Corp Pair Trading Analysis
The ability to find closely correlated positions to Aztec 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 Aztec 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 Aztec 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 Aztec Minerals Corp to buy it.
The correlation of Aztec 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 Aztec Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aztec Minerals 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 Aztec 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.Use Investing Themes to Complement your Aztec Minerals position
In addition to having Aztec 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.Did You Try This Idea?
Run Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
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Other Information on Investing in Aztec OTC Stock
To fully project Aztec Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aztec Minerals Corp 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 Aztec Minerals' income statement, its balance sheet, and the statement of cash flows.