Integra Resources Current Ratio vs. Debt To Equity

ITR Stock  CAD 1.33  0.05  3.62%   
Based on Integra Resources' profitability indicators, Integra Resources Corp 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 Integra Resources' ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.59188004
Current Value
0.56
Quarterly Volatility
2.29132015
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Integra Resources' PTB Ratio is fairly stable compared to the past year. Average Payables is likely to climb to about 1.7 M in 2024, whereas Free Cash Flow Yield is likely to drop (0.41) in 2024.
For Integra Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Integra Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Integra Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Integra Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Integra Resources Corp 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 Integra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra Resources' 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.

Integra Resources Corp Debt To Equity vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Integra Resources's current stock value. Our valuation model uses many indicators to compare Integra Resources value to that of its competitors to determine the firm's financial worth.
Integra Resources Corp is rated fourth overall in current ratio category among its peers. It is currently regarded as number one stock in debt to equity category among its peers fabricating about  13.71  of Debt To Equity per Current Ratio. At this time, Integra Resources' Current Ratio 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 Integra Resources' earnings, one of the primary drivers of an investment's value.

Integra Debt To Equity vs. Current Ratio

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.

Integra Resources

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
1.51 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).
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Integra Resources

D/E

 = 

Total Debt

Total Equity

 = 
20.70 %
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Integra Debt To Equity Comparison

Integra Resources is currently under evaluation in debt to equity category among its peers.

Integra Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Integra Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Integra Resources will eventually generate negative long term returns. The profitability progress is the general direction of Integra Resources' change in net profit over the period of time. It can combine multiple indicators of Integra 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income16.7 M17.5 M
Operating Income-39.8 M-37.8 M
Income Before Tax-39.2 M-37.2 M
Total Other Income Expense Net595.8 K625.6 K
Net Loss-39.2 M-37.2 M
Income Tax Expense(2.00)(1.90)
Net Loss-29 M-27.6 M
Net Loss-17.8 M-18.7 M
Net Interest Income-881.5 K-837.5 K
Interest Income800.7 K840.7 K
Change To Netincome53.5 K56.2 K
Net Loss(0.69)(0.72)
Income Quality 0.91  0.96 
Net Income Per E B T 0.93  0.70 

Integra Profitability Driver Comparison

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

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Advertising Theme
Companies specializing in advertising, marketing and advertising services. The Advertising theme has 42 constituents at this time.
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Additional Tools for Integra Stock Analysis

When running Integra Resources' price analysis, check to measure Integra 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 Integra Resources is operating at the current time. Most of Integra Resources' value examination focuses on studying past and present price action to predict the probability of Integra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integra Resources' price. Additionally, you may evaluate how the addition of Integra Resources to your portfolios can decrease your overall portfolio volatility.