Belmont Resources Stock Net Income
| BEA Stock | CAD 0.03 0.00 0.00% |
Belmont Resources fundamentals help investors to digest information that contributes to Belmont Resources' financial success or failures. It also enables traders to predict the movement of Belmont Stock. The fundamental analysis module provides a way to measure Belmont 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 Belmont Resources stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -616.3 K | -647.2 K | |
| Net Loss | -616.3 K | -647.2 K | |
| Net Loss | -377.1 K | -396 K | |
| Net Loss | (0.01) | (0.01) | |
| Net Income Per E B T | 1.19 | 1.17 |
Belmont | Net Income |
Belmont Resources Company Net Income Analysis
Belmont Resources' 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.
Current Belmont Resources Net Income | (535.95 K) |
Most of Belmont Resources' fundamental indicators, such as Net Income, 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, Belmont Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Belmont Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Belmont Resources is extremely important. It helps to project a fair market value of Belmont Stock properly, considering its historical fundamentals such as Net Income. Since Belmont Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Belmont Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Belmont Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Belmont Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Belmont Resources reported net income of (535,946). This is 95.55% lower than that of the Metals & Mining sector and 100.04% lower than that of the Materials industry. The net income for all Canada stocks is 100.09% higher than that of the company.
Belmont Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Belmont Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Belmont Resources could also be used in its relative valuation, which is a method of valuing Belmont Resources by comparing valuation metrics of similar companies.Belmont Resources is currently under evaluation in net income category among related companies.
Belmont Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Belmont Resources from analyzing Belmont Resources' financial statements. These drivers represent accounts that assess Belmont Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Belmont Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 567.1K | 2.2M | 3.3M | 3.2M | 3.7M | 3.1M | |
| Enterprise Value | 643.4K | 1.7M | 3.0M | 3.0M | 3.5M | 2.8M |
Belmont Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 2.04 M | ||||
| Shares Outstanding | 87.88 M | ||||
| Shares Owned By Insiders | 16.97 % | ||||
| Number Of Shares Shorted | 18 K | ||||
| Price To Earning | (1.75) X | ||||
| Price To Book | 1.23 X | ||||
| Gross Profit | (3.53 K) | ||||
| EBITDA | (563.19 K) | ||||
| Net Income | (535.95 K) | ||||
| Cash And Equivalents | 17.69 K | ||||
| Debt To Equity | 2.80 % | ||||
| Current Ratio | 0.19 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (543.25 K) | ||||
| Short Ratio | 0.01 X | ||||
| Beta | 1.44 | ||||
| Market Capitalization | 2.64 M | ||||
| Total Asset | 2.67 M | ||||
| Retained Earnings | (24.57 M) | ||||
| Working Capital | (75 K) | ||||
| Net Asset | 2.67 M |
About Belmont Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Belmont Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Belmont Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Belmont 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.
Pair Trading with Belmont 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 Belmont 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 Belmont Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Belmont Stock
| 0.69 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.69 | META | Meta Platforms CDR | PairCorr |
| 0.67 | WMT | Walmart Inc CDR | PairCorr |
| 0.62 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to Belmont 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 Belmont 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 Belmont 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 Belmont Resources to buy it.
The correlation of Belmont 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 Belmont Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belmont 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 Belmont 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 Belmont 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 board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Belmont Stock analysis
When running Belmont Resources' price analysis, check to measure Belmont 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 Belmont Resources is operating at the current time. Most of Belmont Resources' value examination focuses on studying past and present price action to predict the probability of Belmont Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belmont Resources' price. Additionally, you may evaluate how the addition of Belmont Resources to your portfolios can decrease your overall portfolio volatility.
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