Altima Resources Stock Analysis
| ARSLF Stock | USD 0.20 0.03 13.04% |
Altima Resources holds a debt-to-equity ratio of 1.01. Altima Resources' financial risk is the risk to Altima Resources stockholders that is caused by an increase in debt.
Given that Altima Resources' debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Altima Resources is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Altima Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Altima Resources is said to be less leveraged. If creditors hold a majority of Altima Resources' assets, the Company is said to be highly leveraged.
Altima Resources is fairly valued with Real Value of 0.23 and Hype Value of 0.31. The main objective of Altima Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Altima Resources is worth, separate from its market price. There are two main types of Altima Resources' stock analysis: fundamental analysis and technical analysis.
The Altima Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Altima Resources' ongoing operational relationships across important fundamental and technical indicators.
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Altima Pink Sheet Analysis Notes
About 13.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.04. Altima Resources last dividend was issued on the 13th of April 2017. The entity had 1:15 split on the 13th of April 2017. Altima Resources Ltd. engages in the acquisition, exploration, and development of petroleum and natural gas properties. Altima Resources Ltd was incorporated in 2003 and is headquartered in Vancouver, Canada. Altima Resources is traded on OTC Exchange in the United States.The quote for Altima Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Altima Resources please contact the company at 604 718 2800 or go to https://www.altimaresources.com.Altima Resources Investment Alerts
| Altima Resources generated a negative expected return over the last 90 days | |
| Altima Resources has high historical volatility and very poor performance | |
| Altima Resources has some characteristics of a very speculative penny stock | |
| Altima Resources has high likelihood to experience some financial distress in the next 2 years | |
| Altima Resources has accumulated 2.1 M in total debt with debt to equity ratio (D/E) of 1.01, which is about average as compared to similar companies. Altima Resources has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Altima Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Altima Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altima Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altima to invest in growth at high rates of return. When we think about Altima Resources' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.67 M. Net Loss for the year was (3.79 M) with profit before overhead, payroll, taxes, and interest of 245.59 K. | |
| Altima Resources has accumulated about 96.92 K in cash with (82.55 K) of positive cash flow from operations. | |
| Roughly 13.0% of Altima Resources shares are held by company insiders |
Altima Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altima Resources's market, we take the total number of its shares issued and multiply it by Altima Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Altima Profitablity
The company has Profit Margin (PM) of (2.48) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.08) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.08.Technical Drivers
As of the 21st of January, Altima Resources shows the Mean Deviation of 5.88, risk adjusted performance of (0.11), and Standard Deviation of 7.56. Altima Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Altima Resources market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Altima Resources is priced correctly, providing market reflects its regular price of 0.2 per share. As Altima Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.Altima Resources Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two.
Altima Resources Outstanding Bonds
Altima Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Altima Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Altima bonds can be classified according to their maturity, which is the date when Altima Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Altima Resources Predictive Daily Indicators
Altima Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altima Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.87 | |||
| Day Median Price | 0.2 | |||
| Day Typical Price | 0.2 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Altima Resources Forecast Models
Altima Resources' time-series forecasting models are one of many Altima Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altima Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Altima Resources Debt to Cash Allocation
Many companies such as Altima Resources, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Altima Resources has accumulated 2.1 M in total debt with debt to equity ratio (D/E) of 1.01, which is about average as compared to similar companies. Altima Resources has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Altima Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Altima Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altima Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altima to invest in growth at high rates of return. When we think about Altima Resources' use of debt, we should always consider it together with cash and equity.Altima Resources Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Altima Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Altima Resources, which in turn will lower the firm's financial flexibility.Altima Resources Corporate Bonds Issued
Most Altima bonds can be classified according to their maturity, which is the date when Altima Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Altima Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Altima Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altima shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Altima Resources. By using and applying Altima Pink Sheet analysis, traders can create a robust methodology for identifying Altima entry and exit points for their positions.
Altima Resources Ltd. engages in the acquisition, exploration, and development of petroleum and natural gas properties. Altima Resources Ltd was incorporated in 2003 and is headquartered in Vancouver, Canada. Altima Resources is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Altima Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Altima Resources' price analysis, check to measure Altima Resources' 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 Altima Resources is operating at the current time. Most of Altima Resources' value examination focuses on studying past and present price action to predict the probability of Altima Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altima Resources' price. Additionally, you may evaluate how the addition of Altima Resources to your portfolios can decrease your overall portfolio volatility.
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