Integra Resources Total Debt vs. Return On Asset
| ITRG Stock | USD 0.98 0.02 2.00% |
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.
Integra |
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 Integra Resources. If investors know Integra 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 Integra Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Return On Assets (0.18) | Return On Equity (0.57) |
The market value of Integra Resources Corp is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra Resources' value that differs from its market value or its book value, called intrinsic value, which is Integra Resources' 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 Integra Resources' market value can be influenced by many factors that don't directly affect Integra Resources' 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 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 Return On Asset vs. Total Debt 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 total debt category among its peers. It is rated below average in return on asset category among its peers . The current Return On Assets is estimated to decrease to -0.37. Comparative valuation analysis is a catch-all technique that is used if you cannot value Integra Resources 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.Integra Total Debt vs. Competition
Integra Resources Corp is rated fourth overall in total debt category among its peers. Total debt of Materials industry is currently estimated at about 732.72 Million. Integra Resources claims roughly 11.29 Million in total debt contributing just under 2% to all equities under Materials industry.
Integra Return On Asset vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Integra Resources |
| = | 11.29 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Integra Resources |
| = | -0.18 |
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.
Integra Return On Asset Comparison
Integra Resources is currently under evaluation in return on asset 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 12.7 M | 13.3 M | |
| Operating Income | -37.7 M | -35.8 M | |
| Income Before Tax | -38.4 M | -36.5 M | |
| Total Other Income Expense Net | -775.9 K | -737.1 K | |
| Net Loss | -29.5 M | -28.1 M | |
| Income Tax Expense | (0.13) | (0.14) | |
| Net Loss | -29 M | -30.5 M | |
| Net Loss | -17.8 M | -18.7 M | |
| Net Interest Income | -881.5 K | -837.5 K | |
| Interest Income | 800.7 K | 840.7 K | |
| Change To Netincome | 53.5 K | 56.2 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.
Use Integra 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 Integra 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 Integra Resources will appreciate offsetting losses from the drop in the long position's value.Integra Resources Pair Trading
Integra Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to Integra 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 Integra 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 Integra 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 Integra Resources Corp to buy it.
The correlation of Integra 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 Integra Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Integra Resources 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 Integra 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 Integra Resources position
In addition to having Integra 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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Check out Risk vs Return Analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
To fully project Integra Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Integra Resources 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 Integra Resources' income statement, its balance sheet, and the statement of cash flows.