Tombstone Exploration Book Value Per Share vs. Return On Asset
| TMBXF Stock | USD 0.0001 0.00 0.00% |
For Tombstone Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tombstone Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tombstone Exploration Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tombstone Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tombstone Exploration Corp over time as well as its relative position and ranking within its peers.
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Tombstone Exploration Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tombstone Exploration's current stock value. Our valuation model uses many indicators to compare Tombstone Exploration value to that of its competitors to determine the firm's financial worth. Tombstone Exploration Corp is currently regarded as top stock in book value per share category among its peers. It also is currently regarded as top stock in return on asset category among its peers . 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 Tombstone Exploration's earnings, one of the primary drivers of an investment's value.Tombstone Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 0.19 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
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| = | -0.21 |
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.
Tombstone Return On Asset Comparison
Tombstone Exploration is currently under evaluation in return on asset category among its peers.
Tombstone Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tombstone Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tombstone Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Tombstone Exploration's change in net profit over the period of time. It can combine multiple indicators of Tombstone Exploration, 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.
Tombstone Exploration Corporation, through its subsidiary, Tombstone Exploration and Mining Corporation, engages in the exploration, development, and production of mineral properties in the United States. Tombstone Exploration Corporation was incorporated in 1997 and is based in Scottsdale, Arizona. TOMBSTONE EXPLORATION operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 1 people.
Tombstone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tombstone Exploration. 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 Tombstone Exploration 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 Tombstone Exploration's important profitability drivers and their relationship over time.
Use Tombstone Exploration 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 Tombstone Exploration 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 Tombstone Exploration will appreciate offsetting losses from the drop in the long position's value.Tombstone Exploration Pair Trading
Tombstone Exploration Corp Pair Trading Analysis
The ability to find closely correlated positions to Tombstone Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tombstone Exploration 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 Tombstone Exploration - 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 Tombstone Exploration Corp to buy it.
The correlation of Tombstone Exploration 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 Tombstone Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tombstone Exploration 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 Tombstone Exploration 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 Tombstone Exploration position
In addition to having Tombstone Exploration 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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Other Information on Investing in Tombstone Pink Sheet
To fully project Tombstone Exploration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tombstone Exploration 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 Tombstone Exploration's income statement, its balance sheet, and the statement of cash flows.