Stelmine Canada Shares Owned By Insiders vs. Current Ratio
| STH Stock | CAD 0.02 0.00 0.00% |
For Stelmine Canada profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stelmine Canada to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stelmine Canada utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stelmine Canada's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stelmine Canada over time as well as its relative position and ranking within its peers.
Stelmine |
Stelmine Canada Current Ratio vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stelmine Canada's current stock value. Our valuation model uses many indicators to compare Stelmine Canada value to that of its competitors to determine the firm's financial worth. Stelmine Canada is rated fifth in shares owned by insiders category among its peers. It is rated second in current ratio category among its peers fabricating about 0.72 of Current Ratio per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Current Ratio for Stelmine Canada is roughly 1.40 . At this time, Stelmine Canada's Current Ratio is 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 Stelmine Canada's earnings, one of the primary drivers of an investment's value.Stelmine Current Ratio vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Stelmine Canada |
| = | 6.67 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Stelmine Canada |
| = | 4.78 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Stelmine Current Ratio Comparison
Stelmine Canada is currently under evaluation in current ratio category among its peers.
Stelmine Canada Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stelmine Canada, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stelmine Canada will eventually generate negative long term returns. The profitability progress is the general direction of Stelmine Canada's change in net profit over the period of time. It can combine multiple indicators of Stelmine Canada, 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 | 2.2 M | 2.3 M | |
| Operating Income | -1 M | -960.4 K | |
| Income Before Tax | -1 M | -961.2 K | |
| Total Other Income Expense Net | (851.40) | (893.97) | |
| Net Loss | -717.3 K | -753.2 K | |
| Income Tax Expense | -294.5 K | -279.8 K | |
| Net Loss | -717.3 K | -753.2 K | |
| Net Loss | -1.5 M | -1.4 M | |
| Net Interest Income | 40.3 K | 42.3 K | |
| Interest Income | 41.4 K | 43.5 K | |
| Change To Netincome | 878.1 K | 922 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.92 | 0.62 | |
| Net Income Per E B T | 0.64 | 0.62 |
Stelmine Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stelmine Canada. 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 Stelmine Canada 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 Stelmine Canada's important profitability drivers and their relationship over time.
Use Stelmine Canada 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 Stelmine Canada 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 Stelmine Canada will appreciate offsetting losses from the drop in the long position's value.Stelmine Canada Pair Trading
Stelmine Canada Pair Trading Analysis
The ability to find closely correlated positions to Stelmine Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stelmine Canada 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 Stelmine Canada - 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 Stelmine Canada to buy it.
The correlation of Stelmine Canada 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 Stelmine Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stelmine Canada 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 Stelmine Canada 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 Stelmine Canada position
In addition to having Stelmine Canada 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 Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Additional Tools for Stelmine Stock Analysis
When running Stelmine Canada's price analysis, check to measure Stelmine Canada's 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 Stelmine Canada is operating at the current time. Most of Stelmine Canada's value examination focuses on studying past and present price action to predict the probability of Stelmine Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stelmine Canada's price. Additionally, you may evaluate how the addition of Stelmine Canada to your portfolios can decrease your overall portfolio volatility.