Goliath Resources Current Valuation vs. EBITDA
| GOT Stock | CAD 1.12 0.03 2.75% |
For Goliath Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goliath Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Goliath Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goliath Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Goliath Resources over time as well as its relative position and ranking within its peers.
Goliath |
Goliath Resources EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Goliath Resources's current stock value. Our valuation model uses many indicators to compare Goliath Resources value to that of its competitors to determine the firm's financial worth. Goliath Resources is rated as one of the top companies in current valuation category among its peers. It is rated below average in ebitda category among its peers . Goliath Resources reported EBITDA of (19.45 Million) in 2023. 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 Goliath Resources' earnings, one of the primary drivers of an investment's value.Goliath Current Valuation vs. Competition
Goliath Resources is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 345.92 Million. Goliath Resources totals roughly 144.51 Million in current valuation claiming about 42% of all equities under Materials industry.
Goliath EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Goliath Resources |
| = | 144.51 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Goliath Resources |
| = | (29.68 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.
Goliath EBITDA Comparison
Goliath Resources is currently under evaluation in ebitda category among its peers.
Goliath Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Goliath Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goliath Resources will eventually generate negative long term returns. The profitability progress is the general direction of Goliath Resources' change in net profit over the period of time. It can combine multiple indicators of Goliath 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 | ||
| Operating Income | -29.2 M | -27.7 M | |
| Net Loss | -25.1 M | -23.8 M | |
| Income Tax Expense | -385.6 K | -366.3 K | |
| Income Before Tax | -25.1 M | -23.8 M | |
| Total Other Income Expense Net | 4 M | 4.2 M | |
| Net Interest Income | 141.9 K | 96.3 K | |
| Interest Income | 141.9 K | 96.3 K | |
| Net Loss | -25.1 M | -23.8 M | |
| Net Loss | -18.9 M | -17.9 M | |
| Change To Netincome | 3.4 M | 2.8 M | |
| Net Loss | (0.25) | (0.58) | |
| Income Quality | 0.75 | 0.61 | |
| Net Income Per E B T | 0.90 | 0.78 |
Goliath Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Goliath 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 Goliath 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 Goliath Resources' important profitability drivers and their relationship over time.
Use Goliath Resources 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 Goliath Resources 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 Goliath Resources will appreciate offsetting losses from the drop in the long position's value.Goliath Resources Pair Trading
Goliath Resources Pair Trading Analysis
The ability to find closely correlated positions to Goliath Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goliath Resources 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 Goliath Resources - 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 Goliath Resources to buy it.
The correlation of Goliath Resources 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 Goliath Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goliath Resources 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 Goliath Resources 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 Goliath Resources position
In addition to having Goliath 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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Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
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Additional Tools for Goliath Stock Analysis
When running Goliath Resources' price analysis, check to measure Goliath 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 Goliath Resources is operating at the current time. Most of Goliath Resources' value examination focuses on studying past and present price action to predict the probability of Goliath Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goliath Resources' price. Additionally, you may evaluate how the addition of Goliath Resources to your portfolios can decrease your overall portfolio volatility.