Equinox Gold Corp Stock Operating Margin
| EQX Stock | USD 5.42 0.08 1.45% |
Equinox Gold Corp fundamentals help investors to digest information that contributes to Equinox Gold's financial success or failures. It also enables traders to predict the movement of Equinox Stock. The fundamental analysis module provides a way to measure Equinox Gold'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 Equinox Gold stock.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | 0.03 | 0.03 |
Equinox | Operating Margin |
Equinox Gold Corp Company Operating Margin Analysis
Equinox Gold's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Equinox Gold Operating Margin | (0.02) % |
Most of Equinox Gold's fundamental indicators, such as Operating Margin, 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, Equinox Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Equinox Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Equinox Gold is extremely important. It helps to project a fair market value of Equinox Stock properly, considering its historical fundamentals such as Operating Margin. Since Equinox Gold's 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 Equinox Gold's 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 Equinox Gold's interrelated accounts and indicators.
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Equinox Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Equinox Gold Corp has an Operating Margin of -0.0218%. This is 98.51% lower than that of the Metals & Mining sector and 100.28% lower than that of the Materials industry. The operating margin for all United States stocks is 99.6% lower than that of the firm.
Equinox Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Equinox Gold from analyzing Equinox Gold's financial statements. These drivers represent accounts that assess Equinox Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equinox Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 862.4M | 2.2B | 1.9B | 997.1M | 1.5B | 1.6B | |
| Enterprise Value | 1.1B | 2.4B | 2.2B | 1.6B | 2.3B | 2.4B |
Equinox Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Equinox Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equinox Gold's managers, analysts, and investors.Environmental | Governance | Social |
Equinox Fundamentals
| Return On Equity | -0.013 | ||||
| Return On Asset | 0.0064 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 2.88 B | ||||
| Shares Outstanding | 386.4 M | ||||
| Shares Owned By Insiders | 6.46 % | ||||
| Shares Owned By Institutions | 45.43 % | ||||
| Number Of Shares Shorted | 9.44 M | ||||
| Price To Earning | 2.31 X | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 1.82 X | ||||
| Revenue | 1.11 B | ||||
| Gross Profit | 262.67 M | ||||
| EBITDA | 256.48 M | ||||
| Net Income | 29.41 M | ||||
| Cash And Equivalents | 200.77 M | ||||
| Cash Per Share | 0.84 X | ||||
| Total Debt | 966.74 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 2.89 X | ||||
| Book Value Per Share | 7.30 X | ||||
| Cash Flow From Operations | 299.02 M | ||||
| Short Ratio | 1.99 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Target Price | 7.29 | ||||
| Number Of Employees | 3.69 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 2.09 B | ||||
| Total Asset | 4.33 B | ||||
| Retained Earnings | 346.77 M | ||||
| Working Capital | 354.36 M | ||||
| Current Asset | 105.76 M | ||||
| Current Liabilities | 55.65 M | ||||
| Net Asset | 4.33 B |
About Equinox Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equinox Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equinox Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equinox Gold Corp 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Equinox Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinox Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinox Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinox Gold Corp Stock:Check out Equinox Gold Piotroski F Score and Equinox Gold Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Equinox Stock analysis
When running Equinox Gold's price analysis, check to measure Equinox Gold'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 Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.
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Is Equinox Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinox Gold. If investors know Equinox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinox Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share (0.10) | Revenue Per Share 3.468 | Quarterly Revenue Growth 0.031 | Return On Assets 0.0064 |
The market value of Equinox Gold Corp is measured differently than its book value, which is the value of Equinox that is recorded on the company's balance sheet. Investors also form their own opinion of Equinox Gold's value that differs from its market value or its book value, called intrinsic value, which is Equinox Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinox Gold's market value can be influenced by many factors that don't directly affect Equinox Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.