Wallbridge Mining Debt To Equity vs. Book Value Per Share
| WM Stock | CAD 0.06 0.00 0.00% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.26 | Current Value 0.28 | Quarterly Volatility 0.13002126 |
For Wallbridge Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wallbridge Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wallbridge Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wallbridge Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wallbridge Mining over time as well as its relative position and ranking within its peers.
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Wallbridge Mining Book Value Per Share vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wallbridge Mining's current stock value. Our valuation model uses many indicators to compare Wallbridge Mining value to that of its competitors to determine the firm's financial worth. Wallbridge Mining is rated second in debt to equity category among its peers. It is rated fourth in book value per share category among its peers creating about 97.00 of Book Value Per Share per Debt To Equity. At this time, Wallbridge Mining's Debt To Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Wallbridge Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wallbridge Mining's 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.Wallbridge Book Value Per Share vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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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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.
Wallbridge Book Value Per Share Comparison
Wallbridge Mining is currently under evaluation in book value per share category among its peers.
Wallbridge Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wallbridge Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wallbridge Mining will eventually generate negative long term returns. The profitability progress is the general direction of Wallbridge Mining's change in net profit over the period of time. It can combine multiple indicators of Wallbridge Mining, 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 | 58.5 K | 55.6 K | |
| Operating Income | -6.2 M | -5.9 M | |
| Net Loss | -10.4 M | -9.9 M | |
| Income Tax Expense | 3 M | 3.2 M | |
| Income Before Tax | -7.4 M | -7.8 M | |
| Total Other Income Expense Net | -1.2 M | -1.3 M | |
| Net Loss | -10.4 M | -11 M | |
| Net Loss | -28.4 M | -27 M | |
| Interest Income | 1.5 M | 804.9 K | |
| Net Interest Income | 1.5 M | 1.6 M | |
| Change To Netincome | 32.1 M | 33.7 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.36 | 0.61 | |
| Net Income Per E B T | 1.41 | 1.48 |
Wallbridge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wallbridge Mining. 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 Wallbridge Mining 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 Wallbridge Mining's important profitability drivers and their relationship over time.
Use Wallbridge Mining 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 Wallbridge Mining 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 Wallbridge Mining will appreciate offsetting losses from the drop in the long position's value.Wallbridge Mining Pair Trading
Wallbridge Mining Pair Trading Analysis
The ability to find closely correlated positions to Wallbridge Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wallbridge Mining 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 Wallbridge Mining - 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 Wallbridge Mining to buy it.
The correlation of Wallbridge Mining 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 Wallbridge Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wallbridge Mining 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 Wallbridge Mining 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 Wallbridge Mining position
In addition to having Wallbridge Mining 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 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 Railroads Theme or any other thematic opportunities.
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Other Information on Investing in Wallbridge Stock
To fully project Wallbridge Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wallbridge Mining 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 Wallbridge Mining's income statement, its balance sheet, and the statement of cash flows.