Solaris Resources Earnings Per Share vs. Net Income
| SLS Stock | 4.51 0.23 5.37% |
For Solaris Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solaris Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solaris Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solaris Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solaris Resources over time as well as its relative position and ranking within its peers.
Solaris |
Solaris Resources Net Income vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solaris Resources's current stock value. Our valuation model uses many indicators to compare Solaris Resources value to that of its competitors to determine the firm's financial worth. Solaris Resources is rated third in earnings per share category among its peers. It also is rated third in net income category among its peers . Solaris Resources reported last year Net Loss of (41.01 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Solaris Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solaris Resources' 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.Solaris Net Income vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Solaris Resources |
| = | (0.57) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Solaris Resources |
| = | (41.08 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Solaris Net Income Comparison
Solaris Resources is currently under evaluation in net income category among its peers.
Solaris Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solaris Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solaris Resources will eventually generate negative long term returns. The profitability progress is the general direction of Solaris Resources' change in net profit over the period of time. It can combine multiple indicators of Solaris 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 | 1.6 M | 1.5 M | |
| Interest Income | 508 K | 482.6 K | |
| Operating Income | -41.4 M | -43.5 M | |
| Income Before Tax | -41.1 M | -43.1 M | |
| Total Other Income Expense Net | 339 K | 493.9 K | |
| Net Loss | -52.8 M | -50.2 M | |
| Net Loss | -41.1 M | -43.1 M | |
| Net Interest Income | 508 K | 256.3 K | |
| Net Loss | -41.1 M | -43.1 M | |
| Income Tax Expense | (75.00) | (78.75) | |
| Change To Netincome | 3.3 M | 1.7 M | |
| Net Loss | (0.29) | (0.30) | |
| Income Quality | 0.93 | 1.61 | |
| Net Income Per E B T | 1.00 | 1.05 |
Solaris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solaris 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 Solaris 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 Solaris Resources' important profitability drivers and their relationship over time.
Use Solaris 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 Solaris 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 Solaris Resources will appreciate offsetting losses from the drop in the long position's value.Solaris Resources Pair Trading
Solaris Resources Pair Trading Analysis
The ability to find closely correlated positions to Solaris 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 Solaris 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 Solaris 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 Solaris Resources to buy it.
The correlation of Solaris 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 Solaris Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Resources 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 Solaris 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 Solaris Resources position
In addition to having Solaris 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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Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 48 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 Soft Drinks Theme or any other thematic opportunities.
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Other Information on Investing in Solaris Stock
To fully project Solaris Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solaris Resources 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 Solaris Resources' income statement, its balance sheet, and the statement of cash flows.