| KNT Stock | | | CAD 9.34 0.19 1.99% |
Considering the key profitability indicators obtained from K92 Mining's historical financial statements, K92 Mining's profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess K92 Mining's ability to earn profits and add value for shareholders. At this time, K92 Mining's
Days Sales Outstanding is very stable compared to the past year. As of the 14th of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.06, while
Price To Sales Ratio is likely to drop 4.71. At this time, K92 Mining's
Net Income Per Share is very stable compared to the past year. As of the 14th of December 2024,
Income Quality is likely to grow to 2.36, while
Accumulated Other Comprehensive Income is likely to drop (242.9
K).
For K92 Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of K92 Mining to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well K92 Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between K92 Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of K92 Mining over time as well as its relative position and ranking within its peers.
Check out
Correlation Analysis.
Please note, there is a significant difference between K92 Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if K92 Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K92 Mining'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.
K92 Mining EBITDA vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining K92 Mining's current stock value. Our valuation model uses many indicators to compare K92 Mining value to that of its competitors to determine the firm's financial worth.
K92 Mining is rated
third overall in price to earning category among its peers. It is rated
fifth overall in ebitda category among its peers totaling about
2,770,180 of EBITDA per Price To Earning. At this time, K92 Mining's
EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value K92 Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for K92 Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
K92 EBITDA vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
K92 Mining | P/E | = | Market Value Per ShareEarnings Per Share |
| = | 32.83 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
K92 Mining | EBITDA | = | Revenue | - | Basic Expenses |
| = | 90.94 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.
K92 EBITDA Comparison
K92 Mining is currently under evaluation in ebitda category among its peers.
K92 Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in K92 Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, K92 Mining will eventually generate negative long term returns. The profitability progress is the general direction of K92 Mining's change in net profit over the period of time. It can combine
multiple indicators of K92 Mining, 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.
K92 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on K92 Mining. 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 K92 Mining 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 K92 Mining's important profitability drivers and their relationship over time.
Use K92 Mining 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 K92 Mining 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 K92 Mining will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to K92 Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K92 Mining 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 K92 Mining - 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 K92 Mining to buy it.
The correlation of K92 Mining 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 K92 Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K92 Mining 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 K92 Mining 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 K92 Mining position
In addition to having K92 Mining 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.
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can
partner with us for reliable portfolio optimization as you plan to utilize
Gold and Gold Mining Theme or any other
thematic opportunities.
Other Information on Investing in K92 Stock
To fully project K92 Mining's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of K92 Mining 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 K92 Mining's income statement, its balance sheet, and the statement of cash flows.
Potential K92 Mining investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although K92 Mining investors may work on each financial statement separately, they are all related. The changes in K92 Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on K92 Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
