District Copper Net Income vs. Total Debt
| DCOP Stock | CAD 0.04 0.01 12.50% |
Net Loss | First Reported 2004-01-31 | Previous Quarter -101.7 K | Current Value -80.4 K | Quarterly Volatility 1.2 M |
For District Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of District Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well District Copper Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between District Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of District Copper Corp over time as well as its relative position and ranking within its peers.
District |
District Copper Corp Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining District Copper's current stock value. Our valuation model uses many indicators to compare District Copper value to that of its competitors to determine the firm's financial worth. District Copper Corp is rated # 4 in net income category among its peers. It is rated # 5 in total debt category among its peers . At this time, District Copper's Net Loss 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 District Copper's earnings, one of the primary drivers of an investment's value.District Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
District Copper |
| = | (741.95 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
District Copper |
| = | 46.8 K |
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.
District Total Debt vs Competition
District Copper Corp is rated # 5 in total debt category among its peers. Total debt of Materials industry is currently estimated at about 2.11 Million. District Copper holds roughly 46,803 in total debt claiming about 2.22% of all equities under Materials industry.
District Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in District Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, District Copper will eventually generate negative long term returns. The profitability progress is the general direction of District Copper's change in net profit over the period of time. It can combine multiple indicators of District Copper, 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 | 225.8 K | 196.3 K | |
| Operating Income | -653 K | -685.6 K | |
| Income Before Tax | -667.8 K | -701.1 K | |
| Net Loss | -667.8 K | -701.1 K | |
| Income Tax Expense | -483.8 K | -459.6 K | |
| Total Other Income Expense Net | -14.8 K | -15.5 K | |
| Net Loss | -667.8 K | -701.1 K | |
| Net Loss | -735.7 K | -772.5 K | |
| Change To Netincome | 164.6 K | 172.8 K | |
| Net Loss | (0.03) | (0.03) | |
| Income Quality | 0.55 | 0.53 | |
| Net Income Per E B T | 0.84 | 0.52 |
District Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on District Copper. 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 District Copper 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 District Copper's important profitability drivers and their relationship over time.
Use District Copper 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 District Copper 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 District Copper will appreciate offsetting losses from the drop in the long position's value.District Copper Pair Trading
District Copper Corp Pair Trading Analysis
The ability to find closely correlated positions to District Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace District Copper 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 District Copper - 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 District Copper Corp to buy it.
The correlation of District Copper 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 District Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if District Copper 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 District Copper 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 District Copper position
In addition to having District Copper 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 Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for District Stock Analysis
When running District Copper's price analysis, check to measure District Copper'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 District Copper is operating at the current time. Most of District Copper's value examination focuses on studying past and present price action to predict the probability of District Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Copper's price. Additionally, you may evaluate how the addition of District Copper to your portfolios can decrease your overall portfolio volatility.