Chesapeake Gold Total Debt vs. Return On Asset
| CKG Stock | CAD 0.93 0.05 5.10% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.0352 | 0.0371 |
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| Operating Profit Margin | 0.0534 | 0.0562 |
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| Pretax Profit Margin | 0.0534 | 0.0562 |
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For Chesapeake Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chesapeake Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chesapeake Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chesapeake Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chesapeake Gold Corp over time as well as its relative position and ranking within its peers.
Chesapeake |
Chesapeake Gold Corp Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chesapeake Gold's current stock value. Our valuation model uses many indicators to compare Chesapeake Gold value to that of its competitors to determine the firm's financial worth. Chesapeake Gold Corp is the top company in total debt category among its peers. It also is number one stock in return on asset category among its peers . Return On Assets is likely to drop to -0.04 in 2024. 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 Chesapeake Gold's earnings, one of the primary drivers of an investment's value.Chesapeake Total Debt vs. Competition
Chesapeake Gold Corp is the top company in total debt category among its peers. Total debt of Materials industry is currently estimated at about 15.15 Million. Chesapeake Gold totals roughly 12.88 Million in total debt claiming about 85% of all equities under Materials industry.
Chesapeake Return On Asset vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Chesapeake Gold |
| = | 12.88 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Chesapeake Gold |
| = | -0.0174 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Chesapeake Return On Asset Comparison
Chesapeake Gold is currently under evaluation in return on asset category among its peers.
Chesapeake Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chesapeake Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chesapeake Gold will eventually generate negative long term returns. The profitability progress is the general direction of Chesapeake Gold's change in net profit over the period of time. It can combine multiple indicators of Chesapeake 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 | ||
| Accumulated Other Comprehensive Income | 31.8 M | 17.1 M | |
| Operating Income | -4.4 M | -4.2 M | |
| Income Before Tax | -4.3 M | -4.5 M | |
| Total Other Income Expense Net | 174 K | 182.7 K | |
| Net Loss | -6 M | -6.3 M | |
| Income Tax Expense | 1.7 M | 1.8 M | |
| Net Loss | -6 M | -6.3 M | |
| Net Loss | -8.2 M | -8.7 M | |
| Net Interest Income | 798 K | 837.9 K | |
| Interest Income | 800 K | 492.9 K | |
| Change To Netincome | 4 M | 4.2 M | |
| Net Loss | (0.08) | (0.09) | |
| Income Quality | 0.54 | 0.57 | |
| Net Income Per E B T | 1.33 | 0.78 |
Chesapeake Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chesapeake 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 Chesapeake 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 Chesapeake Gold's important profitability drivers and their relationship over time.
Use Chesapeake 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 Chesapeake 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 Chesapeake Gold will appreciate offsetting losses from the drop in the long position's value.Chesapeake Gold Pair Trading
Chesapeake Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Chesapeake 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 Chesapeake 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 Chesapeake 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 Chesapeake Gold Corp to buy it.
The correlation of Chesapeake 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 Chesapeake Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesapeake 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 Chesapeake 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 Chesapeake Gold position
In addition to having Chesapeake Gold 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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Additional Tools for Chesapeake Stock Analysis
When running Chesapeake Gold's price analysis, check to measure Chesapeake 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 Chesapeake Gold is operating at the current time. Most of Chesapeake Gold's value examination focuses on studying past and present price action to predict the probability of Chesapeake 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 Chesapeake Gold's price. Additionally, you may evaluate how the addition of Chesapeake Gold to your portfolios can decrease your overall portfolio volatility.