Trilogy Metals Current Ratio vs. Cash Flow From Operations
| TMQ Stock | CAD 1.58 0.02 1.28% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 5.58 | Current Value 7.14 | Quarterly Volatility 7.20131389 |
For Trilogy Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Trilogy Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Trilogy Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Trilogy Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Trilogy Metals over time as well as its relative position and ranking within its peers.
Trilogy |
Trilogy Metals Cash Flow From Operations vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Trilogy Metals's current stock value. Our valuation model uses many indicators to compare Trilogy Metals value to that of its competitors to determine the firm's financial worth. Trilogy Metals is rated third in current ratio category among its peers. It is rated fourth in cash flow from operations category among its peers . At this time, Trilogy Metals' Current Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Trilogy Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Trilogy Metals' 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.Trilogy Cash Flow From Operations vs. Current Ratio
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.
Trilogy Metals |
| = | 0.85 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).
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Trilogy Metals |
| = | (3.09 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Trilogy Cash Flow From Operations Comparison
Trilogy Metals is currently under evaluation in cash flow from operations category among its peers.
Trilogy Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Trilogy Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Trilogy Metals will eventually generate negative long term returns. The profitability progress is the general direction of Trilogy Metals' change in net profit over the period of time. It can combine multiple indicators of Trilogy 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | -6.4 M | -6.7 M | |
| Income Before Tax | -17.2 M | -16.3 M | |
| Total Other Income Expense Net | -9 M | -8.6 M | |
| Net Loss | -17.2 M | -16.3 M | |
| Income Tax Expense | 15.5 M | 16.3 M | |
| Net Loss | -17.2 M | -16.3 M | |
| Net Loss | -27.9 M | -26.5 M | |
| Interest Income | 138 K | 131.1 K | |
| Net Interest Income | 108 K | 122.3 K | |
| Change To Netincome | 18.7 M | 19.6 M | |
| Net Loss | (0.09) | (0.08) | |
| Income Quality | 0.24 | 0.23 | |
| Net Income Per E B T | 0.90 | 0.89 |
Trilogy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Trilogy 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 Trilogy 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 Trilogy Metals' important profitability drivers and their relationship over time.
Use Trilogy 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 Trilogy 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.Trilogy Metals Pair Trading
Trilogy Metals Pair Trading Analysis
The ability to find closely correlated positions to Trilogy 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 Trilogy 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 Trilogy 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 Trilogy Metals to buy it.
The correlation of Trilogy 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals 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 Trilogy 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.Use Investing Themes to Complement your Trilogy Metals position
In addition to having Trilogy Metals 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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Airlines
Domestic and international airlines and airline services. The Airlines theme has 39 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 Airlines Theme or any other thematic opportunities.
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Check out World Market Map. To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
To fully project Trilogy Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Trilogy Metals 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 Trilogy Metals' income statement, its balance sheet, and the statement of cash flows.