Yangarra Resources EBITDA vs. Net Income
| YGRAF Stock | USD 0.71 0.01 1.43% |
For Yangarra Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yangarra Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yangarra Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yangarra Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yangarra Resources over time as well as its relative position and ranking within its peers.
Yangarra |
Yangarra Resources Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yangarra Resources's current stock value. Our valuation model uses many indicators to compare Yangarra Resources value to that of its competitors to determine the firm's financial worth. Yangarra Resources is rated below average in ebitda category among its peers. It also is rated below average in net income category among its peers making up about 0.48 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Yangarra Resources is roughly 2.08 . 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 Yangarra Resources' earnings, one of the primary drivers of an investment's value.Yangarra Net Income vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Yangarra Resources |
| = | 103.93 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Yangarra Resources |
| = | 50.01 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Yangarra Net Income Comparison
Yangarra Resources is currently under evaluation in net income category among its peers.
Yangarra Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Yangarra Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yangarra Resources will eventually generate negative long term returns. The profitability progress is the general direction of Yangarra Resources' change in net profit over the period of time. It can combine multiple indicators of Yangarra Resources, 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.
Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. As of February 1, 2022, it had proved plus probable reserves of 141.2 million barrels of oil equivalent. Yangarra Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 65 people.
Yangarra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yangarra Resources. 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 Yangarra Resources 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 Yangarra Resources' important profitability drivers and their relationship over time.
Use Yangarra Resources 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 Yangarra Resources 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 Yangarra Resources will appreciate offsetting losses from the drop in the long position's value.Yangarra Resources Pair Trading
Yangarra Resources Pair Trading Analysis
The ability to find closely correlated positions to Yangarra Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yangarra Resources 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 Yangarra Resources - 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 Yangarra Resources to buy it.
The correlation of Yangarra Resources 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 Yangarra Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yangarra Resources 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 Yangarra Resources 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 Yangarra Resources position
In addition to having Yangarra Resources 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 Yangarra Pink Sheet
To fully project Yangarra Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Yangarra Resources 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 Yangarra Resources' income statement, its balance sheet, and the statement of cash flows.