US GoldMining Profitability Analysis
| USGO Stock | 5.90 0.08 1.37% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -8.4 M | Current Value -8 M | Quarterly Volatility 3.3 M |
For US GoldMining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of US GoldMining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well US GoldMining Common utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between US GoldMining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of US GoldMining Common over time as well as its relative position and ranking within its peers.
USGO |
Is Diversified Metals & Mining space 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 US GoldMining. If investors know USGO 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 US GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Return On Assets (0.92) | Return On Equity (1.71) |
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining'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 US GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining'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 US GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining'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.
US GoldMining Common Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining US GoldMining's current stock value. Our valuation model uses many indicators to compare US GoldMining value to that of its competitors to determine the firm's financial worth. US GoldMining Common is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, US GoldMining's Return On Equity is very stable compared to the past year. 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 US GoldMining's earnings, one of the primary drivers of an investment's value.USGO Return On Asset vs. Return On Equity
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.
US GoldMining |
| = | -1.71 |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
US GoldMining |
| = | -0.92 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
USGO Return On Asset Comparison
US GoldMining is currently under evaluation in return on asset category among its peers.
US GoldMining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in US GoldMining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, US GoldMining will eventually generate negative long term returns. The profitability progress is the general direction of US GoldMining's change in net profit over the period of time. It can combine multiple indicators of US GoldMining, 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 | ||
| Operating Income | -8.8 M | -8.4 M | |
| Net Loss | -8.4 M | -8 M | |
| Income Before Tax | -8.4 M | -8 M | |
| Net Loss | -1.6 M | -1.6 M | |
| Net Loss | -8.4 M | -8 M | |
| Income Tax Expense | 5.7 K | 6 K | |
| Total Other Income Expense Net | 488.9 K | 513.3 K | |
| Net Interest Income | 491 K | 515.5 K | |
| Interest Income | 491 K | 515.5 K | |
| Change To Netincome | 75.1 K | 64.3 K | |
| Net Loss | (0.87) | (0.82) | |
| Income Quality | 0.91 | 0.68 | |
| Net Income Per E B T | 0.90 | 0.80 |
USGO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on US GoldMining. 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 US GoldMining 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 US GoldMining's important profitability drivers and their relationship over time.
US GoldMining Profitability Trends
US GoldMining profitability trend refers to the progression of profit or loss within a business. An upward trend means that US GoldMining's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is US GoldMining's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
US GoldMining Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between US GoldMining different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards US GoldMining in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down US GoldMining's future profitability.
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US GoldMining Common Pair Trading Analysis
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The correlation of US GoldMining 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 US GoldMining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US GoldMining Common 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 US GoldMining 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 US GoldMining position
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Additional Information and Resources on Investing in USGO Stock
When determining whether US GoldMining Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US GoldMining'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 Us Goldmining Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Goldmining Common Stock:Check out World Market Map. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
To fully project US GoldMining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of US GoldMining Common 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 US GoldMining's income statement, its balance sheet, and the statement of cash flows.