Arras Minerals Corp Stock Debt To Equity
| ARK Stock | CAD 0.86 0.02 2.38% |
Fundamental analysis of Arras Minerals allows traders to better anticipate movements in Arras Minerals' stock price by examining its financial health and performance throughout various phases of its business cycle.
Arras |
Arras Minerals Corp Company Debt To Equity Analysis
Arras Minerals' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Arras Minerals Debt To Equity | 3.06 % |
Most of Arras Minerals' fundamental indicators, such as Debt To Equity, 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, Arras Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Arras Minerals Corp has a Debt To Equity of 3.06%. This is 95.25% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The debt to equity for all Canada stocks is 93.72% higher than that of the company.
Arras Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arras Minerals' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Arras Minerals could also be used in its relative valuation, which is a method of valuing Arras Minerals by comparing valuation metrics of similar companies.Arras Minerals is currently under evaluation in debt to equity category among its peers.
Arras Fundamentals
| Current Valuation | 73.01 M | ||||
| Shares Outstanding | 120.35 M | ||||
| Shares Owned By Insiders | 5.54 % | ||||
| Shares Owned By Institutions | 22.94 % | ||||
| Number Of Shares Shorted | 71.26 K | ||||
| Price To Book | 4.39 X | ||||
| Net Income | (2.22 M) | ||||
| Cash And Equivalents | 1.56 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.68 M | ||||
| Debt To Equity | 3.06 % | ||||
| Current Ratio | 0.01 X | ||||
| Cash Flow From Operations | (2.2 M) | ||||
| Short Ratio | 0.24 X | ||||
| Earnings Per Share | (0.15) X | ||||
| Target Price | 1.54 | ||||
| Beta | -3.84 | ||||
| Market Capitalization | 101.1 M | ||||
| Total Asset | 8.42 M | ||||
| Retained Earnings | (16 M) | ||||
| Working Capital | 1.07 M | ||||
| Net Asset | 8.42 M |
About Arras Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arras Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arras Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arras Minerals 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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Additional Tools for Arras Stock Analysis
When running Arras Minerals' price analysis, check to measure Arras Minerals' 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 Arras Minerals is operating at the current time. Most of Arras Minerals' value examination focuses on studying past and present price action to predict the probability of Arras Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arras Minerals' price. Additionally, you may evaluate how the addition of Arras Minerals to your portfolios can decrease your overall portfolio volatility.