Brinx Resources Stock Fundamentals
| BNXR Stock | USD 0.0001 0.00 0.00% |
Brinx Resources fundamentals help investors to digest information that contributes to Brinx Resources' financial success or failures. It also enables traders to predict the movement of Brinx Pink Sheet. The fundamental analysis module provides a way to measure Brinx Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brinx Resources pink sheet.
Brinx |
Brinx Resources Company Current Valuation Analysis
Brinx Resources' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Brinx Resources Current Valuation | 639.86 K |
Most of Brinx Resources' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brinx Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Brinx Resources has a Current Valuation of 639.86 K. This is 100.0% lower than that of the Energy sector and 100.0% lower than that of the Oil & Gas Integrated industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Brinx Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Brinx Resources's current stock value. Our valuation model uses many indicators to compare Brinx Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Brinx Resources competition to find correlations between indicators driving Brinx Resources's intrinsic value. More Info.Brinx Resources is rated third in return on equity category among related companies. It is rated third in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Brinx Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Brinx Resources' Pink Sheet. 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. 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 Brinx Resources' earnings, one of the primary drivers of an investment's value.Brinx Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brinx Resources' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Brinx Resources could also be used in its relative valuation, which is a method of valuing Brinx Resources by comparing valuation metrics of similar companies.Brinx Resources is currently under evaluation in current valuation category among related companies.
Brinx Fundamentals
| Return On Equity | -1.41 | |||
| Return On Asset | -0.32 | |||
| Operating Margin | (12.44) % | |||
| Current Valuation | 639.86 K | |||
| Shares Outstanding | 24.63 M | |||
| Shares Owned By Insiders | 11.63 % | |||
| Price To Earning | (0.38) X | |||
| Price To Book | 2.30 X | |||
| Price To Sales | 19.78 X | |||
| Revenue | 140.71 K | |||
| Gross Profit | 97.22 K | |||
| EBITDA | (389.88 K) | |||
| Net Income | (474.5 K) | |||
| Cash And Equivalents | 15.3 K | |||
| Current Ratio | 5.19 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (335.15 K) | |||
| Earnings Per Share | (0.05) X | |||
| Beta | 27.26 | |||
| Market Capitalization | 676.09 K | |||
| Total Asset | 1.13 M | |||
| Retained Earnings | (2.61 M) | |||
| Working Capital | 22 K | |||
| Current Asset | 27 K | |||
| Current Liabilities | 5 K | |||
| Z Score | -2.8 | |||
| Net Asset | 1.13 M |
About Brinx Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brinx Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brinx Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brinx Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Brinx Resources Ltd., an independent oil and gas company, engages in the exploration, development, and production of oil and natural gas in Oklahoma and California, the United States. The company was founded in 1998 and is headquartered in Denver, Colorado. Brinx Resources operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 3 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brinx Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brinx Resources' short interest history, or implied volatility extrapolated from Brinx Resources options trading.
Pair Trading with Brinx Resources
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 Brinx 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 Brinx Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brinx 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 Brinx 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 Brinx 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 Brinx Resources to buy it.
The correlation of Brinx 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 Brinx Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brinx 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 Brinx 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brinx Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Brinx Pink Sheet analysis
When running Brinx Resources' price analysis, check to measure Brinx Resources' 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 Brinx Resources is operating at the current time. Most of Brinx Resources' value examination focuses on studying past and present price action to predict the probability of Brinx Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brinx Resources' price. Additionally, you may evaluate how the addition of Brinx Resources to your portfolios can decrease your overall portfolio volatility.
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