Eastfield Resources Financials

ETFLF Stock

USD 0.0219 0.0074 25.26%

We urge to utilize Eastfield Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Eastfield Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate twenty-one available fundamental indicators for Eastfield Resources, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Eastfield Resources financials, including its current ratio, as well as the relationship between the beta and net asset . As Eastfield Resources appears to be a penny stock we also advise to verify its debt to equity numbers. Use Eastfield Resources to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Eastfield Resources to be traded at $0.0208 in 90 days.

With this module, you can analyze Eastfield financials for your investing period. You should be able to track the changes in Eastfield Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Understanding current and past Eastfield Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eastfield Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Eastfield Resources' assets may result in an increase in income on the income statement.

Evaluating Eastfield Resources' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Eastfield Resources' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Eastfield Resources' relative financial performance

Chance Of Distress

Over 55

Eastfield Resources has more than 55 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Eastfield Resources pink sheet is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.

Please note, Eastfield Resources' odds of distress score SHOULD NOT be confused with the real chance of Eastfield Resources filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Eastfield is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Eastfield Resources' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

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Z Score

Chance Of Bankruptcy

The data published in Eastfield Resources' official financial statements usually reflect Eastfield Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eastfield Resources. For example, before you start analyzing numbers published by Eastfield accountants, it's critical to develop an understanding of what Eastfield Resources' liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.

Please note, the presentation of Eastfield Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastfield Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eastfield Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eastfield Resources. Please utilize our Beneish M Score to check the likelihood of Eastfield Resources' management to manipulate its earnings.

Eastfield Resources Company Summary

Eastfield Resources competes with F5 Networks, Dave, Black Knight, Space Communication, and Streamline Health. Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. Eastfield Resources Ltd. was founded in 1986 and is headquartered in Vancouver, Canada. Eastfield Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.

Instrument	USA Pink Sheet View All
Exchange	PINK Exchange
Business Address	325 Howe Street,
Sector	Basic Materials
Industry	Other Precious Metals & Mining
Benchmark	NYSE Composite
Website	www.eastfieldresources.com
Phone	604 681 7913
Currency	USD - US Dollar

You should never invest in Eastfield Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eastfield Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Eastfield Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Eastfield Resources Key Financial Ratios

Generally speaking, Eastfield Resources' financial ratios allow both analysts and investors to convert raw data from Eastfield Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Eastfield Resources over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eastfield Resources reports annually and quarterly.

	Beta	1.31
	Z Score	3.0

More Fundamentals

Eastfield Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eastfield Resources's current stock value. Our valuation model uses many indicators to compare Eastfield Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eastfield Resources competition to find correlations between indicators driving Eastfield Resources's intrinsic value. More Info.

Eastfield Resources is one of the top stocks in shares owned by insiders category among related companies. It is one of the top stocks in ebitda category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eastfield Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eastfield 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 Eastfield Resources' earnings, one of the primary drivers of an investment's value.

Eastfield Resources Systematic Risk

Eastfield Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eastfield Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Eastfield Resources correlated with the market. If Beta is less than 0 Eastfield Resources generally moves in the opposite direction as compared to the market. If Eastfield Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eastfield Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eastfield Resources is generally in the same direction as the market. If Beta > 1 Eastfield Resources moves generally in the same direction as, but more than the movement of the benchmark.

About Eastfield Resources Financials

What exactly are Eastfield Resources Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Eastfield Resources' income statement, its balance sheet, and the statement of cash flows. Potential Eastfield Resources investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Eastfield Resources investors may use each financial statement separately, they are all related. The changes in Eastfield Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastfield Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical