Canaf Investments Financials
| CAFZF Stock | USD 0.13 0 1.15% |
Canaf |
Understanding current and past Canaf Investments Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canaf Investments' financial statements are interrelated, with each one affecting the others. For example, an increase in Canaf Investments' assets may result in an increase in income on the income statement.
The data published in Canaf Investments' official financial statements usually reflect Canaf Investments' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Canaf Investments. For example, before you start analyzing numbers published by Canaf accountants, it's critical to develop an understanding of what Canaf Investments' liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Canaf Investments' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canaf Investments' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Canaf Investments' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canaf Investments. Please utilize our Beneish M Score to check the likelihood of Canaf Investments' management manipulating its earnings.
Canaf Investments Stock Summary
Canaf Investments competes with Corsa Coal, Alpha Metallurgical, Arch Resources, Barrick Gold, and Natures Sunshine. Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized anthracite in Canada and South Africa. Canaf Investments Inc. was incorporated in 1996 and is headquartered in Vancouver, Canada. CANAF INVESTMENTS is traded on PNK Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1111 Melville Street, |
| Sector | Basic Materials |
| Industry | Coking Coal |
| Benchmark | NYSE Composite |
| Website | www.canafinvestments.com |
| Phone | 604 283 6110 |
| Currency | USD - US Dollar |
You should never invest in Canaf Investments without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canaf Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Canaf Investments' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canaf Investments Key Financial Ratios
Generally speaking, Canaf Investments' financial ratios allow both analysts and investors to convert raw data from Canaf Investments' financial statements into concise, actionable information that can be used to evaluate the performance of Canaf Investments over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canaf Investments reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0676 | |||
| Beta | 1.07 |
Canaf Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canaf Investments's current stock value. Our valuation model uses many indicators to compare Canaf Investments value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canaf Investments competition to find correlations between indicators driving Canaf Investments's intrinsic value. More Info.Canaf Investments is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canaf Investments is roughly 2.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canaf Investments by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canaf Investments' Pink Sheet. 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 Canaf Investments' earnings, one of the primary drivers of an investment's value.Canaf Investments Systematic Risk
Canaf Investments' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canaf Investments volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Canaf Investments correlated with the market. If Beta is less than 0 Canaf Investments generally moves in the opposite direction as compared to the market. If Canaf Investments Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canaf Investments is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canaf Investments is generally in the same direction as the market. If Beta > 1 Canaf Investments moves generally in the same direction as, but more than the movement of the benchmark.
About Canaf Investments Financials
What exactly are Canaf Investments Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Canaf Investments' income statement, its balance sheet, and the statement of cash flows. Potential Canaf Investments investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Canaf Investments investors may use each financial statement separately, they are all related. The changes in Canaf Investments's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canaf Investments'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.Steps to analyze Canaf Investments Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Canaf Investments is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Canaf has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Canaf Investments' financials are consistent with your investment objective using the following steps:- Review Canaf Investments' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Canaf Investments' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Canaf Investments' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Canaf Investments' stock is overvalued or undervalued.
Canaf Investments Thematic Clasifications
Canaf Investments is part of Diversified Assets investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All types of close end funds. Pablicly traded close-end funds and other entities backed by different types of diversified investments
This theme covers All types of close end funds. Pablicly traded close-end funds and other entities backed by different types of diversified investments. Get More Thematic Ideas
| Diversified Assets | View |
Canaf Investments May 6, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canaf Investments help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canaf Investments. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canaf Investments based on widely used predictive technical indicators. In general, we focus on analyzing Canaf Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canaf Investments's daily price indicators and compare them against related drivers.
| Information Ratio | 0.1143 | |||
| Maximum Drawdown | 73.33 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canaf Investments. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Canaf Investments information on this page should be used as a complementary analysis to other Canaf Investments' 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 the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Canaf Pink Sheet analysis
When running Canaf Investments' price analysis, check to measure Canaf Investments' 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 Canaf Investments is operating at the current time. Most of Canaf Investments' value examination focuses on studying past and present price action to predict the probability of Canaf Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canaf Investments' price. Additionally, you may evaluate how the addition of Canaf Investments to your portfolios can decrease your overall portfolio volatility.
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