Martina Minerals Total Asset vs. Return On Asset

MTN-H Stock   0.03  0.00  0.00%   
Based on Martina Minerals' profitability indicators, Martina Minerals 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 Martina Minerals' ability to earn profits and add value for shareholders.

Martina Minerals Total Assets

5,928.8

For Martina Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Martina Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Martina Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Martina Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Martina Minerals Corp 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 Martina Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Martina Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martina Minerals' 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.

Martina Minerals Corp Return On Asset vs. Total Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Martina Minerals's current stock value. Our valuation model uses many indicators to compare Martina Minerals value to that of its competitors to determine the firm's financial worth.
Martina Minerals Corp is considered to be number one stock in total asset category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, Martina Minerals' Total Assets are 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 Martina Minerals' earnings, one of the primary drivers of an investment's value.

Martina Return On Asset vs. Total Asset

Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Martina Minerals

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
4.01 K
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.

Martina Minerals

Return On Asset

 = 

Net Income

Total Assets

 = 
-3.57
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.

Martina Return On Asset Comparison

Martina Minerals is currently under evaluation in return on asset category among its peers.

Martina Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Martina Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Martina Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Martina Minerals' change in net profit over the period of time. It can combine multiple indicators of Martina Minerals, 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
Net Interest Income-1.7 K-1.8 K
Operating Income-40.9 K-42.9 K
Net Loss-12.2 K-12.9 K
Income Before Tax-12.2 K-12.9 K
Total Other Income Expense Net30.3 K28.8 K
Net Income Applicable To Common Shares508.6 K534 K
Net Loss-12.2 K-12.9 K
Change To Netincome-437.3 K-415.4 K

Martina Profitability Driver Comparison

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

Use Martina Minerals 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 Martina Minerals 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 Martina Minerals will appreciate offsetting losses from the drop in the long position's value.

Martina Minerals Pair Trading

Martina Minerals Corp Pair Trading Analysis

The ability to find closely correlated positions to Martina Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Martina Minerals 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 Martina Minerals - 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 Martina Minerals Corp to buy it.
The correlation of Martina Minerals 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 Martina Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Martina Minerals 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 Martina Minerals 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Martina Minerals position

In addition to having Martina Minerals 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?

Run Money Funds Thematic Idea Now

Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 35 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 Money Funds Theme or any other thematic opportunities.
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Additional Tools for Martina Stock Analysis

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