Rover Metals Debt To Equity vs. Current Valuation

ROVMF Stock  USD 0.01  0.01  41.76%   
Based on Rover Metals' profitability indicators, Rover Metals Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Rover Metals' ability to earn profits and add value for shareholders.
For Rover Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rover Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rover Metals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rover Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rover Metals 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 Rover Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rover Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rover Metals' 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.

Rover Metals Corp Current Valuation vs. Debt To Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Rover Metals's current stock value. Our valuation model uses many indicators to compare Rover Metals value to that of its competitors to determine the firm's financial worth.
Rover Metals Corp is rated second in debt to equity category among its peers. It is rated below average in current valuation category among its peers reporting about  341,531,857  of Current Valuation per Debt To Equity. 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 Rover Metals' earnings, one of the primary drivers of an investment's value.

Rover Current Valuation vs. Debt To Equity

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.

Rover Metals

D/E

 = 

Total Debt

Total Equity

 = 
0.01 %
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Rover Metals

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.39 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Rover Current Valuation vs Competition

Rover Metals Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gold industry is at this time estimated at about 354.32 Million. Rover Metals maintains roughly 2.39 Million in current valuation contributing less than 1% to equities under Gold industry.

Rover Metals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Rover Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rover Metals will eventually generate negative long term returns. The profitability progress is the general direction of Rover Metals' change in net profit over the period of time. It can combine multiple indicators of Rover Metals, 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.
Rover Metals Corp., a precious metals exploration company, engages in acquiring, exploiting, exploring, evaluating, and developing mineral properties in North America. Rover Metals Corp. incorporated 2010 and is headquartered in Vancouver, British Colombia. Rover Metals is traded on OTC Exchange in the United States.

Rover Profitability Driver Comparison

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

Use Rover Metals 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 Rover Metals 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 Rover Metals will appreciate offsetting losses from the drop in the long position's value.

Rover Metals Pair Trading

Rover Metals Corp Pair Trading Analysis

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

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Other Information on Investing in Rover OTC Stock

To fully project Rover Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rover Metals 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 Rover Metals' income statement, its balance sheet, and the statement of cash flows.
Potential Rover Metals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Rover Metals investors may work on each financial statement separately, they are all related. The changes in Rover Metals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rover Metals'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.