Emx Royalty Corp Stock Debt To Equity
| EMX Stock | USD 1.82 0.03 1.62% |
EMX Royalty Corp fundamentals help investors to digest information that contributes to EMX Royalty's financial success or failures. It also enables traders to predict the movement of EMX Stock. The fundamental analysis module provides a way to measure EMX Royalty'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 EMX Royalty stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.27 | 0.29 |
EMX | Debt To Equity |
EMX Royalty Corp Company Debt To Equity Analysis
EMX Royalty'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 EMX Royalty Debt To Equity | 0.30 % |
Most of EMX Royalty'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, EMX Royalty Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EMX Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for EMX Royalty is extremely important. It helps to project a fair market value of EMX Stock properly, considering its historical fundamentals such as Debt To Equity. Since EMX Royalty'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 EMX Royalty'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 EMX Royalty's interrelated accounts and indicators.
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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 |
EMX Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, EMX Royalty Corp has a Debt To Equity of 0.299%. This is 99.54% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The debt to equity for all United States stocks is 99.39% higher than that of the company.
EMX Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EMX Royalty'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 EMX Royalty could also be used in its relative valuation, which is a method of valuing EMX Royalty by comparing valuation metrics of similar companies.EMX Royalty is currently under evaluation in debt to equity category among related companies.
EMX Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of EMX Royalty from analyzing EMX Royalty's financial statements. These drivers represent accounts that assess EMX Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EMX Royalty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 175.4M | 357.4M | 257.9M | 205.6M | 180.1M | 189.1M | |
| Enterprise Value | 122.6M | 316.3M | 288.6M | 230.5M | 196.0M | 205.8M |
EMX Fundamentals
| Return On Equity | -0.038 | ||||
| Return On Asset | 0.0113 | ||||
| Profit Margin | (0.17) % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 212.57 M | ||||
| Shares Outstanding | 112.19 M | ||||
| Shares Owned By Insiders | 19.65 % | ||||
| Shares Owned By Institutions | 15.68 % | ||||
| Number Of Shares Shorted | 223.55 K | ||||
| Price To Earning | (34.98) X | ||||
| Price To Book | 1.79 X | ||||
| Price To Sales | 8.23 X | ||||
| Revenue | 27.38 M | ||||
| Gross Profit | 9.34 M | ||||
| EBITDA | 2.47 M | ||||
| Net Income | (6.25 M) | ||||
| Cash And Equivalents | 30.45 M | ||||
| Cash Per Share | 0.28 X | ||||
| Total Debt | 43.19 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 5.23 X | ||||
| Book Value Per Share | 1.07 X | ||||
| Cash Flow From Operations | 19.63 M | ||||
| Short Ratio | 0.58 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 6.51 | ||||
| Number Of Employees | 46 | ||||
| Beta | 0.8 | ||||
| Market Capitalization | 206.99 M | ||||
| Total Asset | 209.09 M | ||||
| Retained Earnings | (77.93 M) | ||||
| Working Capital | (2.27 M) | ||||
| Current Asset | 6.59 M | ||||
| Current Liabilities | 801.41 K | ||||
| Net Asset | 209.09 M |
About EMX Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EMX Royalty Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EMX Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EMX Royalty 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EMX Royalty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EMX Royalty's short interest history, or implied volatility extrapolated from EMX Royalty options trading.
Pair Trading with EMX Royalty
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 EMX Royalty 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 EMX Royalty will appreciate offsetting losses from the drop in the long position's value.Moving against EMX Stock
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| 0.65 | SLI | Standard Lithium Earnings Call This Week | PairCorr |
| 0.57 | BYU | BAIYU Holdings Symbol Change | PairCorr |
The ability to find closely correlated positions to EMX Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMX Royalty 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 EMX Royalty - 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 EMX Royalty Corp to buy it.
The correlation of EMX Royalty 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 EMX Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMX Royalty Corp 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 EMX Royalty 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 EMX Royalty Piotroski F Score and EMX Royalty Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for EMX Stock analysis
When running EMX Royalty's price analysis, check to measure EMX Royalty'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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.
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Is EMX Royalty'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 EMX Royalty. If investors know EMX 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 EMX Royalty 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 0.135 | Earnings Share (0.04) | Revenue Per Share 0.239 | Quarterly Revenue Growth 2.298 | Return On Assets 0.0113 |
The market value of EMX Royalty Corp is measured differently than its book value, which is the value of EMX that is recorded on the company's balance sheet. Investors also form their own opinion of EMX Royalty's value that differs from its market value or its book value, called intrinsic value, which is EMX Royalty'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 EMX Royalty's market value can be influenced by many factors that don't directly affect EMX Royalty'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 EMX Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMX Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMX Royalty'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.