Alamos Gold Stock Debt To Equity
| AGI Stock | USD 14.71 0.73 4.73% |
Alamos Gold fundamentals help investors to digest information that contributes to Alamos Gold's financial success or failures. It also enables traders to predict the movement of Alamos Stock. The fundamental analysis module provides a way to measure Alamos Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alamos Gold stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.0004 | 0.0004 |
Alamos | Debt To Equity |
Alamos Gold Company Debt To Equity Analysis
Alamos Gold's 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 Alamos Gold Debt To Equity | 0 % |
Most of Alamos Gold's 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, Alamos Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alamos Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Alamos Gold is extremely important. It helps to project a fair market value of Alamos Stock properly, considering its historical fundamentals such as Debt To Equity. Since Alamos Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alamos Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alamos Gold's interrelated accounts and indicators.
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Alamos Debt To Equity Historical Pattern
Today, most investors in Alamos Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alamos Gold's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Alamos Gold debt to equity as a starting point in their analysis.
Alamos Gold Debt To Equity |
| Timeline |
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 |
Alamos Common Stock Total Equity
Common Stock Total Equity |
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According to the company disclosure, Alamos Gold has a Debt To Equity of 0.001%. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The debt to equity for all United States stocks is 100.0% higher than that of the company.
Alamos Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alamos Gold's 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 Alamos Gold could also be used in its relative valuation, which is a method of valuing Alamos Gold by comparing valuation metrics of similar companies.Alamos Gold is currently under evaluation in debt to equity category among related companies.
Alamos Fundamentals
| Return On Equity | 0.0712 | ||||
| Return On Asset | 0.0524 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 5.6 B | ||||
| Shares Outstanding | 397.96 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 68.87 % | ||||
| Number Of Shares Shorted | 3.26 M | ||||
| Price To Earning | 18.17 X | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 5.96 X | ||||
| Revenue | 1.04 B | ||||
| Gross Profit | 385 M | ||||
| EBITDA | 514.26 M | ||||
| Net Income | 213.85 M | ||||
| Cash And Equivalents | 144 M | ||||
| Cash Per Share | 0.37 X | ||||
| Total Debt | 994.88 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 2.67 X | ||||
| Book Value Per Share | 7.45 X | ||||
| Cash Flow From Operations | 481.37 M | ||||
| Short Ratio | 1.53 X | ||||
| Earnings Per Share | 0.52 X | ||||
| Price To Earnings To Growth | (2.50) X | ||||
| Target Price | 18.28 | ||||
| Number Of Employees | 1.9 K | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 5.89 B | ||||
| Total Asset | 3.98 B | ||||
| Retained Earnings | (872.31 M) | ||||
| Working Capital | 338.1 M | ||||
| Current Asset | 483.2 M | ||||
| Current Liabilities | 99.9 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.74 % | ||||
| Net Asset | 3.98 B | ||||
| Last Dividend Paid | 0.1 |
About Alamos Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alamos Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alamos Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alamos Gold 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.
Pair Trading with Alamos Gold
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 Alamos Gold 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 Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamos Stock
| 0.95 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.64 | CE | Celanese Financial Report 14th of May 2024 | PairCorr |
| 0.87 | TX | Ternium SA ADR | PairCorr |
| 0.64 | WS | Worthington Steel | PairCorr |
Moving against Alamos Stock
| 0.79 | X | United States Steel | PairCorr |
| 0.73 | PKX | POSCO Holdings | PairCorr |
| 0.51 | MSB | Mesabi Trust | PairCorr |
| 0.51 | PFH | Prudential Financial 4125 | PairCorr |
| 0.46 | PRS | Prudential Financial | PairCorr |
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold 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 Alamos Gold - 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 Alamos Gold to buy it.
The correlation of Alamos Gold 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 Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold 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 Alamos Gold 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.Check out Alamos Gold Piotroski F Score and Alamos Gold Altman Z Score analysis. For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.Note that the Alamos Gold information on this page should be used as a complementary analysis to other Alamos Gold'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 the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Alamos Stock analysis
When running Alamos Gold's price analysis, check to measure Alamos Gold'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 Alamos Gold is operating at the current time. Most of Alamos Gold's value examination focuses on studying past and present price action to predict the probability of Alamos Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alamos Gold's price. Additionally, you may evaluate how the addition of Alamos Gold to your portfolios can decrease your overall portfolio volatility.
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| Equity Valuation Check real value of public entities based on technical and fundamental data |
Is Alamos Gold'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 Alamos Gold. If investors know Alamos 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 Alamos Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 0.1 | Earnings Share 0.52 | Revenue Per Share 2.649 | Quarterly Revenue Growth 0.104 |
The market value of Alamos Gold is measured differently than its book value, which is the value of Alamos that is recorded on the company's balance sheet. Investors also form their own opinion of Alamos Gold's value that differs from its market value or its book value, called intrinsic value, which is Alamos Gold'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 Alamos Gold's market value can be influenced by many factors that don't directly affect Alamos Gold'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 Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.