TNR Gold Gross Profit vs. Total Debt
| TNR Stock | CAD 0.05 0.00 0.00% |
Gross Profit | First Reported 2006-09-30 | Previous Quarter (542.00) | Current Value (541.00) | Quarterly Volatility 20.6 K |
For TNR Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TNR Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TNR Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TNR Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TNR Gold Corp over time as well as its relative position and ranking within its peers.
TNR |
TNR Gold Corp Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TNR Gold's current stock value. Our valuation model uses many indicators to compare TNR Gold value to that of its competitors to determine the firm's financial worth. TNR Gold Corp is currently regarded as top stock in gross profit category among its peers. It is rated fifth in total debt category among its peers . At this time, TNR Gold's Gross Profit 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 TNR Gold's earnings, one of the primary drivers of an investment's value.TNR Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
TNR Gold |
| = | (99.22 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
TNR Gold |
| = | 35.3 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
TNR Total Debt vs Competition
TNR Gold Corp is rated fifth in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 2.76 Million. TNR Gold claims roughly 35,302 in total debt contributing just under 2% to all equities under Materials industry.
TNR Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TNR Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TNR Gold will eventually generate negative long term returns. The profitability progress is the general direction of TNR Gold's change in net profit over the period of time. It can combine multiple indicators of TNR Gold, 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 | 6.2 M | 4.4 M | |
| Operating Income | -1.5 M | -1.4 M | |
| Net Income | 7.9 M | 8.3 M | |
| Income Tax Expense | 4.00 | 3.80 | |
| Income Before Tax | 7.9 M | 8.3 M | |
| Total Other Income Expense Net | 9.4 M | 9.9 M | |
| Net Income From Continuing Ops | 7.9 M | 8.3 M | |
| Net Loss | -349.2 K | -366.7 K | |
| Net Interest Income | -481.5 K | -505.5 K | |
| Interest Income | 480.00 | 456.00 | |
| Change To Netincome | -399.2 K | -379.3 K | |
| Net Income Per Share | 0.04 | 0.04 | |
| Income Quality | (0.20) | (0.19) | |
| Net Income Per E B T | 0.87 | 0.90 |
TNR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TNR Gold. 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 TNR Gold 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 TNR Gold's important profitability drivers and their relationship over time.
Use TNR Gold 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 TNR Gold 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 TNR Gold will appreciate offsetting losses from the drop in the long position's value.TNR Gold Pair Trading
TNR Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to TNR Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TNR Gold 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 TNR Gold - 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 TNR Gold Corp to buy it.
The correlation of TNR Gold 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 TNR Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TNR Gold 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 TNR Gold 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 TNR Gold position
In addition to having TNR Gold 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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Additional Tools for TNR Stock Analysis
When running TNR Gold's price analysis, check to measure TNR Gold'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 TNR Gold is operating at the current time. Most of TNR Gold's value examination focuses on studying past and present price action to predict the probability of TNR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNR Gold's price. Additionally, you may evaluate how the addition of TNR Gold to your portfolios can decrease your overall portfolio volatility.