Denarius Silver Return On Asset vs. EBITDA
| DNRSF Stock | USD 0.42 0.01 2.33% |
For Denarius Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Denarius Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Denarius Silver Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Denarius Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Denarius Silver Corp over time as well as its relative position and ranking within its peers.
Denarius |
Denarius Silver Corp EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Denarius Silver's current stock value. Our valuation model uses many indicators to compare Denarius Silver value to that of its competitors to determine the firm's financial worth. Denarius Silver Corp is rated # 2 in return on asset category among its peers. It is rated # 4 in ebitda 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 Denarius Silver's earnings, one of the primary drivers of an investment's value.Denarius EBITDA vs. Return On Asset
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.
Denarius Silver |
| = | -0.0604 |
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.
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.
Denarius Silver |
| = | (5.95 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.
Denarius EBITDA Comparison
Denarius Silver is currently under evaluation in ebitda category among its peers.
Denarius Silver Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Denarius Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Denarius Silver will eventually generate negative long term returns. The profitability progress is the general direction of Denarius Silver's change in net profit over the period of time. It can combine multiple indicators of Denarius Silver, 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.
Denarius Metals Corp. engages in the acquisition, exploration, development, and operation of mining projects in Spain and Colombia. It holds a 100 percent interest in the Lomero project that comprises 454 hectares located in the Huelva, southern Spain the Guia Antigua project covering an area of 386 hectares located in northeast of Medellin in the Segovia-Remedios mining district, Colombia and the Zancudo project located in the municipality of Titiribi, Colombia. Denarius Metals is traded on OTC Exchange in the United States.
Denarius Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Denarius Silver. 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 Denarius Silver 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 Denarius Silver's important profitability drivers and their relationship over time.
Use Denarius Silver 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 Denarius Silver 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 Denarius Silver will appreciate offsetting losses from the drop in the long position's value.Denarius Silver Pair Trading
Denarius Silver Corp Pair Trading Analysis
The ability to find closely correlated positions to Denarius Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denarius Silver 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 Denarius Silver - 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 Denarius Silver Corp to buy it.
The correlation of Denarius Silver 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 Denarius Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denarius Silver 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 Denarius Silver 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 Denarius Silver position
In addition to having Denarius Silver 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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Other Information on Investing in Denarius OTC Stock
To fully project Denarius Silver's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Denarius Silver 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 Denarius Silver's income statement, its balance sheet, and the statement of cash flows.