Tymbal Resources Earnings Per Share vs. Shares Outstanding
| TYMB Stock | CAD 0.01 0.00 0.00% |
For Tymbal Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tymbal Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tymbal Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tymbal Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tymbal Resources over time as well as its relative position and ranking within its peers.
Tymbal |
Tymbal Resources Shares Outstanding vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tymbal Resources's current stock value. Our valuation model uses many indicators to compare Tymbal Resources value to that of its competitors to determine the firm's financial worth. Tymbal Resources is currently regarded as top stock in earnings per share category among related companies. It is rated second in shares outstanding category among related companies . Common Stock Shares Outstanding is likely to drop to about 42.2 M in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tymbal Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tymbal Resources' 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 Tymbal Resources' earnings, one of the primary drivers of an investment's value.Tymbal Shares Outstanding vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Tymbal Resources |
| = | (0.01) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Tymbal Resources |
| = | 53.83 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Tymbal Shares Outstanding Comparison
Tymbal Resources is currently under evaluation in shares outstanding category among related companies.
Tymbal Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tymbal Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tymbal Resources will eventually generate negative long term returns. The profitability progress is the general direction of Tymbal Resources' change in net profit over the period of time. It can combine multiple indicators of Tymbal 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -199.4 K | -209.4 K | |
| Operating Income | -228.6 K | -240 K | |
| Net Loss | -423.9 K | -445.1 K | |
| Income Before Tax | -423.9 K | -445.1 K | |
| Net Loss | -412.8 K | -433.4 K | |
| Net Loss | -423.9 K | -445.1 K | |
| Total Other Income Expense Net | -58.3 K | -61.2 K |
Tymbal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tymbal 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 Tymbal 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 Tymbal Resources' important profitability drivers and their relationship over time.
Use Tymbal 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 Tymbal 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 Tymbal Resources will appreciate offsetting losses from the drop in the long position's value.Tymbal Resources Pair Trading
Tymbal Resources Pair Trading Analysis
The ability to find closely correlated positions to Tymbal 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 Tymbal 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 Tymbal 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 Tymbal Resources to buy it.
The correlation of Tymbal 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 Tymbal Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tymbal 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 Tymbal 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.Use Investing Themes to Complement your Tymbal Resources position
In addition to having Tymbal 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 Online Gaming Thematic Idea Now
Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Online Gaming Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Tymbal Stock analysis
When running Tymbal Resources' price analysis, check to measure Tymbal 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 Tymbal Resources is operating at the current time. Most of Tymbal Resources' value examination focuses on studying past and present price action to predict the probability of Tymbal Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tymbal Resources' price. Additionally, you may evaluate how the addition of Tymbal Resources to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
To fully project Tymbal Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tymbal Resources 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 Tymbal Resources' income statement, its balance sheet, and the statement of cash flows.