Etruscus Resources Corp Stock Total Debt
| ETRUF Stock | USD 0.05 0.00 0.00% |
Etruscus Resources Corp fundamentals help investors to digest information that contributes to Etruscus Resources' financial success or failures. It also enables traders to predict the movement of Etruscus Pink Sheet. The fundamental analysis module provides a way to measure Etruscus 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 Etruscus Resources pink sheet.
Etruscus |
Etruscus Resources Corp Company Total Debt Analysis
Etruscus Resources' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Etruscus Resources Total Debt | 5.03 K |
Most of Etruscus Resources' fundamental indicators, such as Total Debt, 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, Etruscus Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Etruscus Resources Corp has a Total Debt of 5.03 K. This is 100.0% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The total debt for all United States stocks is 100.0% higher than that of the company.
Etruscus Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Etruscus Resources' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Etruscus Resources could also be used in its relative valuation, which is a method of valuing Etruscus Resources by comparing valuation metrics of similar companies.Etruscus Resources is currently under evaluation in total debt category among related companies.
Etruscus Fundamentals
| Return On Equity | -0.0917 | |||
| Return On Asset | -0.0587 | |||
| Current Valuation | 2.28 M | |||
| Shares Outstanding | 38.01 M | |||
| Shares Owned By Insiders | 18.08 % | |||
| Price To Book | 0.53 X | |||
| Gross Profit | (19.29 K) | |||
| EBITDA | (617.41 K) | |||
| Net Income | (640.14 K) | |||
| Cash And Equivalents | 1.03 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 5.03 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 15.74 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (819.51 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 2.17 | |||
| Market Capitalization | 2.25 M | |||
| Total Asset | 5.08 M | |||
| Net Asset | 5.08 M |
About Etruscus Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Etruscus Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Etruscus Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Etruscus Resources 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.
Pair Trading with Etruscus 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 Etruscus 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 Etruscus Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Etruscus Pink Sheet
| 0.77 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
| 0.63 | VFS | VinFast Auto Financial Report 20th of May 2024 | PairCorr |
| 0.59 | VFSWW | VinFast Auto | PairCorr |
The ability to find closely correlated positions to Etruscus 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 Etruscus 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 Etruscus 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 Etruscus Resources Corp to buy it.
The correlation of Etruscus 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 Etruscus Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etruscus Resources Corp 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 Etruscus 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etruscus Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Etruscus Pink Sheet analysis
When running Etruscus Resources' price analysis, check to measure Etruscus 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 Etruscus Resources is operating at the current time. Most of Etruscus Resources' value examination focuses on studying past and present price action to predict the probability of Etruscus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etruscus Resources' price. Additionally, you may evaluate how the addition of Etruscus Resources to your portfolios can decrease your overall portfolio volatility.
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