Eastfield Resources Financials
| ETFLF Stock | USD 0.0169 0.0054 24.22% |
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.
Eastfield |
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
Less than 49
100 | 0 |
Eastfield Resources has less than 49 (%) 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.
More InfoThe 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 manipulating its earnings.
Eastfield Resources Company Summary
Eastfield Resources competes with Triple Flag, Compania, HP, Via Renewables, and Weiqiao Textile. 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.| Return On Equity | -0.12 | |||
| Return On Asset | -0.0169 | |||
| Beta | 1.31 |
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 cash flow from operations category among related companies. It is rated as one of the top companies in total debt 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 eight with a total number of output elements of fifty-three. 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 analysis and fundamental analysis pages.Steps to analyze Eastfield Resources Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Eastfield Resources is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Eastfield has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Eastfield Resources' financials are consistent with your investment objective using the following steps:- Review Eastfield Resources' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Eastfield Resources' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Eastfield Resources' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Eastfield Resources' stock is overvalued or undervalued.
Eastfield Resources October 4, 2023 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eastfield Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eastfield Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastfield Resources based on widely used predictive technical indicators. In general, we focus on analyzing Eastfield Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastfield Resources's daily price indicators and compare them against related drivers.
| Information Ratio | (0.013243) | |||
| Maximum Drawdown | 79.2 | |||
| Value At Risk | (24.22) | |||
| Potential Upside | 25.0 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastfield 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 bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Eastfield Pink Sheet analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.
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