Fremont Gold Cash Per Share vs. Cash And Equivalents

FRE Stock  CAD 0.10  0.02  16.67%   
Based on the measurements of profitability obtained from Fremont Gold's financial statements, Fremont Gold may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Fremont Gold's ability to earn profits and add value for shareholders.
 
Cash Per Share  
First Reported
2010-12-31
Previous Quarter
0.01067879
Current Value
0.0101
Quarterly Volatility
7.30685208
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Fremont Gold's PTB Ratio is fairly stable compared to the past year. Average Payables is likely to climb to about 91.7 K in 2024, whereas Free Cash Flow Yield is likely to drop (0.61) in 2024.
For Fremont Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fremont Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fremont Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fremont Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fremont Gold over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Fremont Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fremont Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fremont Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Fremont Gold Cash And Equivalents vs. Cash Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fremont Gold's current stock value. Our valuation model uses many indicators to compare Fremont Gold value to that of its competitors to determine the firm's financial worth.
Fremont Gold is rated # 3 in cash per share category among its peers. It also is rated # 3 in cash and equivalents category among its peers creating about  49,193,000  of Cash And Equivalents per Cash Per Share. At this time, Fremont Gold's Cash Per Share 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 Fremont Gold's earnings, one of the primary drivers of an investment's value.

Fremont Cash And Equivalents vs. Cash Per Share

Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Fremont Gold

Cash Per Share

 = 

Total Cash

Average Shares

 = 
0.01 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Fremont Gold

Cash

 = 

Bank Deposits

+

Liquidities

 = 
491.93 K
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Fremont Cash And Equivalents Comparison

Fremont Gold is currently under evaluation in cash and equivalents category among its peers.

Fremont Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fremont Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fremont Gold will eventually generate negative long term returns. The profitability progress is the general direction of Fremont Gold's change in net profit over the period of time. It can combine multiple indicators of Fremont 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income2.3 M2.4 M
Operating Income-1.5 M-1.5 M
Net Loss-3.9 M-3.7 M
Income Tax Expense 4.00  3.80 
Income Before Tax-3.9 M-3.7 M
Total Other Income Expense Net-2.4 M-2.3 M
Net Loss-3.9 M-3.7 M
Net Loss-661.2 K-694.3 K
Net Interest Income7.8 K5.8 K
Interest Income7.8 K5.8 K
Change To Netincome136 K191.2 K
Net Loss(0.13)(0.13)
Income Quality 0.27  0.26 
Net Income Per E B T 0.67  0.69 

Fremont Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fremont 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 Fremont 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 Fremont Gold's important profitability drivers and their relationship over time.

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Additional Tools for Fremont Stock Analysis

When running Fremont Gold's price analysis, check to measure Fremont 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 Fremont Gold is operating at the current time. Most of Fremont Gold's value examination focuses on studying past and present price action to predict the probability of Fremont 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 Fremont Gold's price. Additionally, you may evaluate how the addition of Fremont Gold to your portfolios can decrease your overall portfolio volatility.