Galaxy Digital Holdings Stock Debt To Equity
| GLXY Stock | CAD 37.08 2.22 5.65% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Galaxy Digital's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year |
Galaxy | Debt To Equity |
Galaxy Digital Holdings Company Debt To Equity Analysis
Galaxy Digital'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.
Galaxy Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Galaxy Digital is extremely important. It helps to project a fair market value of Galaxy Stock properly, considering its historical fundamentals such as Debt To Equity. Since Galaxy Digital'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 Galaxy Digital'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 Galaxy Digital'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.
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Galaxy Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Galaxy Digital Holdings has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The debt to equity for all Canada stocks is 100.0% higher than that of the company.
Galaxy Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Galaxy Digital'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 Galaxy Digital could also be used in its relative valuation, which is a method of valuing Galaxy Digital by comparing valuation metrics of similar companies.Galaxy Digital is currently under evaluation in debt to equity category among its peers.
Galaxy Digital Current Valuation Drivers
We derive many important indicators used in calculating different scores of Galaxy Digital from analyzing Galaxy Digital's financial statements. These drivers represent accounts that assess Galaxy Digital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Galaxy Digital's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 588.1M | 1.7B | 297.3M | 824.3M | 2.1B | 2.2B | |
| Enterprise Value | 608.9M | 1.6B | 287.3M | 823.5M | 2.1B | 2.2B |
Galaxy Fundamentals
| Return On Equity | 0.0874 | ||||
| Current Valuation | 5.12 B | ||||
| Shares Outstanding | 130.9 M | ||||
| Shares Owned By Insiders | 4.02 % | ||||
| Shares Owned By Institutions | 28.94 % | ||||
| Number Of Shares Shorted | 2.87 M | ||||
| Price To Earning | 2.51 X | ||||
| Price To Book | 3.65 X | ||||
| Price To Sales | 34.67 X | ||||
| EBITDA | 493.24 K | ||||
| Net Income | 78.86 M | ||||
| Cash And Equivalents | 8.71 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 98.19 M | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 8.02 X | ||||
| Cash Flow From Operations | (18.55 M) | ||||
| Short Ratio | 1.96 X | ||||
| Earnings Per Share | 0.76 X | ||||
| Target Price | 39.66 | ||||
| Number Of Employees | 528 | ||||
| Beta | 4.34 | ||||
| Market Capitalization | 15.13 B | ||||
| Total Asset | 1.12 B | ||||
| Retained Earnings | 342.92 M | ||||
| Working Capital | 72.9 M | ||||
| Net Asset | 1.12 B |
About Galaxy Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Galaxy Digital Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Galaxy Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Galaxy Digital Holdings 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 Galaxy Digital
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 Galaxy Digital 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 Galaxy Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Galaxy Stock
The ability to find closely correlated positions to Galaxy Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galaxy Digital 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 Galaxy Digital - 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 Galaxy Digital Holdings to buy it.
The correlation of Galaxy Digital 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 Galaxy Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galaxy Digital Holdings 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 Galaxy Digital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.