Platinum Group Metals Stock Debt To Equity
PLG Stock | USD 1.49 0.01 0.67% |
Fundamental analysis of Platinum Group allows traders to better anticipate movements in Platinum Group's stock price by examining its financial health and performance throughout various phases of its business cycle.
Last Reported | Projected for Next Year | ||
Debt To Equity | 0.01 | 0.01 |
Platinum | Debt To Equity | Build AI portfolio with Platinum Stock |
Platinum Group Metals Company Debt To Equity Analysis
Platinum Group'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 Platinum Group Debt To Equity | 0 % |
Most of Platinum Group'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, Platinum Group Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Platinum Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Platinum Group is extremely important. It helps to project a fair market value of Platinum Stock properly, considering its historical fundamentals such as Debt To Equity. Since Platinum Group'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 Platinum Group'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 Platinum Group's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Platinum Total Stockholder Equity
Total Stockholder Equity |
|
According to the company disclosure, Platinum Group Metals has a Debt To Equity of 0.001%. This is 100.0% 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 100.0% higher than that of the company.
Platinum Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Platinum Group'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 Platinum Group could also be used in its relative valuation, which is a method of valuing Platinum Group by comparing valuation metrics of similar companies.Platinum Group is currently under evaluation in debt to equity category among its peers.
Platinum Fundamentals
Return On Equity | -0.0799 | ||||
Return On Asset | -0.0497 | ||||
Current Valuation | 161.65 M | ||||
Shares Outstanding | 112.15 M | ||||
Shares Owned By Insiders | 24.39 % | ||||
Shares Owned By Institutions | 23.17 % | ||||
Number Of Shares Shorted | 3.17 M | ||||
Price To Earning | (0.18) X | ||||
Price To Book | 5.89 X | ||||
EBITDA | (4.31 M) | ||||
Net Income | (4.64 M) | ||||
Cash And Equivalents | 3.7 M | ||||
Cash Per Share | 0.14 X | ||||
Total Debt | 263 K | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 18.62 X | ||||
Book Value Per Share | 0.27 X | ||||
Cash Flow From Operations | (2.43 M) | ||||
Short Ratio | 2.35 X | ||||
Earnings Per Share | (0.04) X | ||||
Target Price | 6.96 | ||||
Number Of Employees | 13 | ||||
Beta | 2.11 | ||||
Market Capitalization | 167.11 M | ||||
Total Asset | 52.09 M | ||||
Retained Earnings | (780 M) | ||||
Working Capital | 3.32 M | ||||
Current Asset | 22.9 M | ||||
Current Liabilities | 43.59 M | ||||
Net Asset | 52.09 M |
About Platinum Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Platinum Group Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Platinum Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Platinum Group Metals 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.
Currently Active Assets on Macroaxis
USOI | Credit Suisse X Links | |
ULTY | Tidal Trust II | |
CONY | YieldMax N Option | |
BCAT | BlackRock Capital Allocation | |
PDI | Pimco Dynamic Income |
Check out Platinum Group Piotroski F Score and Platinum Group Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
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.