Enertopia Corporation Stock Retained Earnings
| ENRT Stock | USD 0.02 0.0001 0.60% |
Enertopia Corporation fundamentals help investors to digest information that contributes to Enertopia Corporatio's financial success or failures. It also enables traders to predict the movement of Enertopia OTC Stock. The fundamental analysis module provides a way to measure Enertopia Corporatio's 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 Enertopia Corporatio otc stock.
Enertopia |
Enertopia Corporation OTC Stock Retained Earnings Analysis
Enertopia Corporatio's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Enertopia Corporatio Retained Earnings | (12.44 M) |
Most of Enertopia Corporatio's fundamental indicators, such as Retained Earnings, 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, Enertopia Corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Enertopia Corporation has a Retained Earnings of (12.44 Million). This is 100.06% lower than that of the Personal Products sector and significantly lower than that of the Consumer Staples industry. The retained earnings for all United States stocks is 100.13% higher than that of the company.
Enertopia Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enertopia Corporatio's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Enertopia Corporatio could also be used in its relative valuation, which is a method of valuing Enertopia Corporatio by comparing valuation metrics of similar companies.Enertopia is currently under evaluation in retained earnings category among related companies.
Enertopia Fundamentals
| Return On Equity | 1.35 | |||
| Return On Asset | -0.62 | |||
| Current Valuation | 2.56 M | |||
| Shares Outstanding | 155.12 M | |||
| Shares Owned By Insiders | 4.87 % | |||
| Price To Earning | 1.95 X | |||
| Price To Book | 1.97 X | |||
| Price To Sales | 67,904 X | |||
| EBITDA | 1.98 M | |||
| Net Income | 1.97 M | |||
| Cash And Equivalents | 3.8 M | |||
| Cash Per Share | 0.02 X | |||
| Debt To Equity | 8.11 % | |||
| Current Ratio | 10.66 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (970.03 K) | |||
| Earnings Per Share | 0.01 X | |||
| Target Price | 0.13 | |||
| Beta | -0.32 | |||
| Market Capitalization | 7.91 M | |||
| Total Asset | 3.21 M | |||
| Retained Earnings | (12.44 M) | |||
| Working Capital | (232 K) | |||
| Current Asset | 144 K | |||
| Current Liabilities | 376 K | |||
| Z Score | -4.2 | |||
| Net Asset | 3.21 M |
About Enertopia Corporatio Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enertopia Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enertopia Corporatio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enertopia Corporation based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Enertopia Corporatio
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 Enertopia Corporatio 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 Enertopia Corporatio will appreciate offsetting losses from the drop in the long position's value.Moving against Enertopia OTC Stock
| 0.57 | MRK | Merck Company Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Enertopia Corporatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enertopia Corporatio 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 Enertopia Corporatio - 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 Enertopia Corporation to buy it.
The correlation of Enertopia Corporatio 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 Enertopia Corporatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enertopia Corporatio 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 Enertopia Corporatio 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enertopia Corporation. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Enertopia OTC Stock analysis
When running Enertopia Corporatio's price analysis, check to measure Enertopia Corporatio's 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 Enertopia Corporatio is operating at the current time. Most of Enertopia Corporatio's value examination focuses on studying past and present price action to predict the probability of Enertopia Corporatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enertopia Corporatio's price. Additionally, you may evaluate how the addition of Enertopia Corporatio to your portfolios can decrease your overall portfolio volatility.
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