Ioneer Price To Book vs. Current Ratio
| IONR Stock | USD 5.42 0.32 5.57% |
For Ioneer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ioneer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ioneer Ltd American utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ioneer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ioneer Ltd American over time as well as its relative position and ranking within its peers.
Ioneer |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ioneer. If investors know Ioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ioneer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.14) | Return On Assets (0.03) | Return On Equity (0.04) |
The market value of ioneer American is measured differently than its book value, which is the value of Ioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Ioneer's value that differs from its market value or its book value, called intrinsic value, which is Ioneer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ioneer's market value can be influenced by many factors that don't directly affect Ioneer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ioneer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ioneer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ioneer'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.
ioneer American Current Ratio vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ioneer's current stock value. Our valuation model uses many indicators to compare Ioneer value to that of its competitors to determine the firm's financial worth. ioneer Ltd American is currently regarded as number one stock in price to book category among its peers. It also is currently regarded as number one stock in current ratio category among its peers fabricating about 6.48 of Current Ratio per Price To Book. At this time, Ioneer's Current Ratio is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ioneer by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ioneer Current Ratio vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Ioneer |
| = | 1.54 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Ioneer |
| = | 9.97 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Ioneer Current Ratio Comparison
Ioneer is currently under evaluation in current ratio category among its peers.
Ioneer Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ioneer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ioneer will eventually generate negative long term returns. The profitability progress is the general direction of Ioneer's change in net profit over the period of time. It can combine multiple indicators of Ioneer, 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 | -3.1 M | -2.9 M | |
| Operating Income | -9.2 M | -8.8 M | |
| Income Before Tax | -7.9 M | -7.5 M | |
| Total Other Income Expense Net | 1.4 M | 1.4 M | |
| Net Loss | -7.9 M | -7.5 M | |
| Income Tax Expense | 1.4 M | 1.5 M | |
| Net Loss | -5.8 M | -6 M | |
| Net Interest Income | 1.3 M | 693.3 K | |
| Interest Income | 1.3 M | 976.8 K | |
| Net Loss | -7.8 M | -8.2 M | |
| Change To Netincome | -1.7 M | -1.8 M | |
| Net Loss | (0.15) | (0.15) | |
| Income Quality | 0.68 | 0.61 |
Ioneer Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ioneer. 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 Ioneer 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 Ioneer's important profitability drivers and their relationship over time.
Use Ioneer 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 Ioneer 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 Ioneer will appreciate offsetting losses from the drop in the long position's value.Ioneer Pair Trading
ioneer Ltd American Pair Trading Analysis
The ability to find closely correlated positions to Ioneer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ioneer 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 Ioneer - 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 ioneer Ltd American to buy it.
The correlation of Ioneer 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 Ioneer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ioneer American 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 Ioneer 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 Ioneer position
In addition to having Ioneer 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 Ioneer Stock Analysis
When running Ioneer's price analysis, check to measure Ioneer'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 Ioneer is operating at the current time. Most of Ioneer's value examination focuses on studying past and present price action to predict the probability of Ioneer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ioneer's price. Additionally, you may evaluate how the addition of Ioneer to your portfolios can decrease your overall portfolio volatility.