Sphinx Financial Statements From 2010 to 2024

Sphinx Resources financial statements provide useful quarterly and yearly information to potential Sphinx Resources investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sphinx Resources financial statements helps investors assess Sphinx Resources' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sphinx Resources' valuation are summarized below:
Sphinx Resources does not presently have any fundamental trend indicators for analysis.
Check Sphinx Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphinx main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Sphinx financial statements analysis is a perfect complement when working with Sphinx Resources Valuation or Volatility modules.
  
This module can also supplement various Sphinx Resources Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Sphinx Current Ratio Analysis

Sphinx Resources' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Sphinx Resources Current Ratio

    
  0.55 X  
Most of Sphinx Resources' fundamental indicators, such as Current Ratio, 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, Sphinx Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Sphinx Resources has a Current Ratio of 0.55 times. This is 85.64% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current ratio for all United States stocks is 74.54% higher than that of the company.

Sphinx Resources Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sphinx Resources's current stock value. Our valuation model uses many indicators to compare Sphinx Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sphinx Resources competition to find correlations between indicators driving Sphinx Resources's intrinsic value. More Info.
Sphinx Resources is one of the top stocks in price to book category among related companies. It is one of the top stocks in cash flow from operations category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sphinx Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sphinx Resources' 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 Sphinx Resources' earnings, one of the primary drivers of an investment's value.
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 Sphinx Resources 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, Sphinx Resources' short interest history, or implied volatility extrapolated from Sphinx Resources options trading.

Pair Trading with Sphinx Resources

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 Sphinx Resources 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 Sphinx Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Sphinx Resources information on this page should be used as a complementary analysis to other Sphinx Resources' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Consideration for investing in Sphinx Pink Sheet

If you are still planning to invest in Sphinx Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sphinx Resources' history and understand the potential risks before investing.
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