Commerce Resources Current Ratio vs. EBITDA
| CCE Stock | CAD 0.07 0.01 6.25% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 10.74 | Current Value 12.69 | Quarterly Volatility 4.20750536 |
For Commerce Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Commerce Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Commerce Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Commerce Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Commerce Resources Corp over time as well as its relative position and ranking within its peers.
Commerce |
Commerce Resources Corp EBITDA vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Commerce Resources's current stock value. Our valuation model uses many indicators to compare Commerce Resources value to that of its competitors to determine the firm's financial worth. Commerce Resources Corp is rated third in current ratio category among its peers. It also is rated third in ebitda category among its peers . At this time, Commerce Resources' Current Ratio is fairly stable compared to the past year. 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 Commerce Resources' earnings, one of the primary drivers of an investment's value.Commerce EBITDA 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.
Commerce Resources |
| = | 0.08 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).
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.
Commerce Resources |
| = | (1.66 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.
Commerce EBITDA Comparison
Commerce Resources is currently under evaluation in ebitda category among its peers.
Commerce Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Commerce Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Commerce Resources will eventually generate negative long term returns. The profitability progress is the general direction of Commerce Resources' change in net profit over the period of time. It can combine multiple indicators of Commerce 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 12.7 M | 13.3 M | |
| Operating Income | -1.9 M | -2 M | |
| Income Before Tax | -1.9 M | -2 M | |
| Total Other Income Expense Net | 14.8 K | 15.5 K | |
| Net Loss | -2 M | -2 M | |
| Income Tax Expense | 18.6 K | 19.5 K | |
| Net Loss | -2 M | -2 M | |
| Net Loss | -832.1 K | -873.7 K | |
| Net Interest Income | -11 K | -11.6 K | |
| Interest Income | 7.4 K | 8.7 K | |
| Change To Netincome | -226.7 K | -215.3 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.27 | 0.51 | |
| Net Income Per E B T | 1.16 | 0.96 |
Commerce Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Commerce 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 Commerce 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 Commerce Resources' important profitability drivers and their relationship over time.
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Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
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Use Investing Themes to Complement your Commerce Resources position
In addition to having Commerce Resources 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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Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 37 constituents at this time.
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Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce Resources' 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.