ETRUSCUS RESOURCES Profitability Analysis

ETRUF -  USA Stock  

USD 0.10  0.01  9.09%

For ETRUSCUS RESOURCES profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ETRUSCUS RESOURCES to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ETRUSCUS RESOURCES CORP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ETRUSCUS RESOURCES's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ETRUSCUS RESOURCES CORP over time as well as its relative position and ranking within its peers. Continue to Investing Opportunities.

ETRUSCUS Current Profitability Trends 

 
Refresh
Is ETRUSCUS RESOURCES'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 ETRUSCUS RESOURCES. If investors know ETRUSCUS 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 ETRUSCUS RESOURCES listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ETRUSCUS RESOURCES CORP is measured differently than its book value, which is the value of ETRUSCUS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRUSCUS RESOURCES's value that differs from its market value or its book value, called intrinsic value, which is ETRUSCUS RESOURCES'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 ETRUSCUS RESOURCES's market value can be influenced by many factors that don't directly affect ETRUSCUS RESOURCES'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 ETRUSCUS RESOURCES's value and its price as these two are different measures arrived at by different means. Investors typically determine ETRUSCUS RESOURCES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRUSCUS RESOURCES'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.

ETRUSCUS RESOURCES CORP Return On Equity vs. Cash and Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ETRUSCUS RESOURCES's current stock value. Our valuation model uses many indicators to compare ETRUSCUS RESOURCES value to that of its competitors to determine the firm's financial worth.
ETRUSCUS RESOURCES CORP is rated # 2 in cash and equivalents category among related companies. It is rated # 2 in return on equity category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value ETRUSCUS RESOURCES by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ETRUSCUS RESOURCES's OTC Stock . 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 ETRUSCUS RESOURCES's earnings, one of the primary drivers of an investment's value.

ETRUSCUS Return On Equity vs. Cash and Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
ETRUSCUS RESOURCES 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
2.26 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
ETRUSCUS RESOURCES 
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
(24.33) %
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

ETRUSCUS RESOURCES Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ETRUSCUS RESOURCES, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ETRUSCUS RESOURCES will eventually generate negative long term returns. The profitability progress is the general direction of ETRUSCUS RESOURCES's change in net profit over the period of time. It can combine multiple indicators of ETRUSCUS RESOURCES, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Etruscus Resources Corp., a mineral exploration company, engages in the exploration of mineral properties in Canada. The company was incorporated in 2017 and is based in Vancouver, Canada. ETRUSCUS RESOURCES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2 people.

ETRUSCUS Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on ETRUSCUS RESOURCES. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ETRUSCUS RESOURCES position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ETRUSCUS RESOURCES's important profitability drivers and their relationship over time.

Use ETRUSCUS RESOURCES in pair-trading

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.

ETRUSCUS RESOURCES Pair Trading

ETRUSCUS RESOURCES CORP Pair Trading Analysis

Correlation analysis and pair trading evaluation for ETRUSCUS RESOURCES and Bhp Billiton. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  

Use Investing Themes to Complement your ETRUSCUS RESOURCES position

In addition to having ETRUSCUS RESOURCES in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Waste Management Thematic Idea Now

Waste Management
Waste Management Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Waste Management theme has 33 constituents.
View All  Next Launch Waste Management
Continue to Investing Opportunities. Note that the ETRUSCUS RESOURCES CORP information on this page should be used as a complementary analysis to other ETRUSCUS RESOURCES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for ETRUSCUS OTC Stock analysis

When running ETRUSCUS RESOURCES CORP price analysis, check to measure ETRUSCUS RESOURCES'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 ETRUSCUS RESOURCES is operating at the current time. Most of ETRUSCUS RESOURCES's value examination focuses on studying past and present price action to predict the probability of ETRUSCUS RESOURCES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ETRUSCUS RESOURCES's price. Additionally, you may evaluate how the addition of ETRUSCUS RESOURCES to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
To fully project ETRUSCUS RESOURCES's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ETRUSCUS RESOURCES CORP at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ETRUSCUS RESOURCES's income statement, its balance sheet, and the statement of cash flows.
Potential ETRUSCUS RESOURCES investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ETRUSCUS RESOURCES investors may work on each financial statement separately, they are all related. The changes in ETRUSCUS RESOURCES's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETRUSCUS 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.