Platinum Net Income from 2010 to 2024

PLG Stock  USD 1.17  0.05  4.10%   
Platinum Group's Net Loss is increasing over the last several years with very volatile swings. Net Loss is predicted to flatten to about -4.8 M. During the period from 2010 to 2024 Platinum Group Metals Net Loss regressed destribution of quarterly values had mean deviationof  66,124,100 and mean square error of 20276.5 T. View All Fundamentals
 
Net Loss  
First Reported
2001-11-30
Previous Quarter
-1.6 M
Current Value
-590 K
Quarterly Volatility
48.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Platinum Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Platinum Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 90.7 K, Interest Expense of 0.0 or Other Operating Expenses of 6.1 M, as well as many indicators such as Price To Sales Ratio of 19.81, Ptb Ratio of 4.34 or Days Sales Outstanding of 2.8 K. Platinum financial statements analysis is a perfect complement when working with Platinum Group Valuation or Volatility modules.
  
Check out the analysis of Platinum Group Correlation against competitors.

Latest Platinum Group's Net Income Growth Pattern

Below is the plot of the Net Income of Platinum Group Metals over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Platinum Group Metals financial statement analysis. It represents the amount of money remaining after all of Platinum Group Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Platinum Group's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Platinum Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (4.61 M)10 Years Trend
Very volatile
   Net Income   
       Timeline  

Platinum Net Income Regression Statistics

Arithmetic Mean(46,484,249)
Coefficient Of Variation(295.82)
Mean Deviation66,124,100
Median(9,599,573)
Standard Deviation137,509,831
Sample Variance18909T
Range542.1M
R-Value0.07
Mean Square Error20276.5T
R-Squared0
Significance0.82
Slope2,009,195
Total Sum of Squares264725.3T

Platinum Net Income History

2024-4.8 M
2023-4.6 M
2022-5.7 M
2021-8.2 M
2020-13.1 M
2019-7.1 M
2018-16.8 M

Other Fundumenentals of Platinum Group Metals

Platinum Group Net Income component correlations

About Platinum Group Financial Statements

Platinum Group stakeholders use historical fundamental indicators, such as Platinum Group's Net Income, to determine how well the company is positioned to perform in the future. Although Platinum Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Platinum Group's assets and liabilities are reflected in the revenues and expenses on Platinum Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Platinum Group Metals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-4.6 M-4.8 M
Net Loss-4.6 M-4.8 M
Net Loss-7.4 M-7.8 M
Net Loss(0.05)(0.05)
Net Income Per E B T 0.91  0.74 

Currently Active Assets on Macroaxis

When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:
Check out the analysis of Platinum Group Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Precious Metals & Minerals space 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 Platinum Group. If investors know Platinum 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 Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.05)
Return On Assets
(0.11)
Return On Equity
(0.12)
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group'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 Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group'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 Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group'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.