Banyan Gold EBITDA vs. Book Value Per Share
| BYN Stock | CAD 0.19 0.00 0.00% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -2.5 M | Current Value -2.4 M | Quarterly Volatility 984.2 K |
For Banyan Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Banyan Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Banyan Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Banyan Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Banyan Gold Corp over time as well as its relative position and ranking within its peers.
Banyan |
Banyan Gold Corp Book Value Per Share vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Banyan Gold's current stock value. Our valuation model uses many indicators to compare Banyan Gold value to that of its competitors to determine the firm's financial worth. Banyan Gold Corp is rated fourth in ebitda category among its peers. It is number one stock in book value per share category among its peers . Banyan Gold reported EBITDA of (2.47 Million) in 2023. 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 Banyan Gold's earnings, one of the primary drivers of an investment's value.Banyan Book Value Per Share vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Banyan Gold |
| = | (2.75 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Banyan Gold |
| = | 0.19 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Banyan Book Value Per Share Comparison
Banyan Gold is currently under evaluation in book value per share category among its peers.
Banyan Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Banyan Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Banyan Gold will eventually generate negative long term returns. The profitability progress is the general direction of Banyan Gold's change in net profit over the period of time. It can combine multiple indicators of Banyan Gold, 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 | ||
| Operating Income | -2.6 M | -2.5 M | |
| Net Income | 331.1 K | 347.7 K | |
| Income Tax Expense | -1.9 M | -1.8 M | |
| Income Before Tax | -1.6 M | -1.5 M | |
| Total Other Income Expense Net | 1.3 M | 1.4 M | |
| Net Loss | -1.3 M | -1.4 M | |
| Net Loss | -1.3 M | -1.4 M | |
| Net Interest Income | 127 K | 133.3 K | |
| Interest Income | 127 K | 133.3 K | |
| Change To Netincome | 35.8 K | 34 K | |
| Net Loss | (0.25) | (0.23) |
Banyan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Banyan Gold. 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 Banyan Gold 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 Banyan Gold's important profitability drivers and their relationship over time.
Use Banyan Gold 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 Banyan 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 Banyan Gold will appreciate offsetting losses from the drop in the long position's value.Banyan Gold Pair Trading
Banyan Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Banyan 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 Banyan 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 Banyan 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 Banyan Gold Corp to buy it.
The correlation of Banyan 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 Banyan Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banyan 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 Banyan 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.Use Investing Themes to Complement your Banyan Gold position
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Additional Tools for Banyan Stock Analysis
When running Banyan Gold's price analysis, check to measure Banyan Gold'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 Banyan Gold is operating at the current time. Most of Banyan Gold's value examination focuses on studying past and present price action to predict the probability of Banyan Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banyan Gold's price. Additionally, you may evaluate how the addition of Banyan Gold to your portfolios can decrease your overall portfolio volatility.