Goldcorp Financials

Based on the analysis of Goldcorp's profitability, liquidity, and operating efficiency, Goldcorp is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze Goldcorp financials for your investing period. You should be able to track the changes in Goldcorp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Goldcorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goldcorp's financial statements are interrelated, with each one affecting the others. For example, an increase in Goldcorp's assets may result in an increase in income on the income statement.
The data published in Goldcorp's official financial statements usually reflect Goldcorp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Goldcorp. For example, before you start analyzing numbers published by Goldcorp accountants, it's critical to develop an understanding of what Goldcorp's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Goldcorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Goldcorp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Goldcorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goldcorp. Please utilize our Beneish M Score to check the likelihood of Goldcorp's management manipulating its earnings.

Goldcorp Stock Summary

Goldcorp competes with Portillos, Hawkins, Ecovyst, Ryman Hospitality, and Sensient Technologies. Goldcorp Inc. acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. The company was founded in 1954 and is headquartered in Vancouver, Canada. Goldcorp operates under Gold classification in USA and is traded on BATS Exchange. It employs 7980 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS3809564095
Business AddressPark Place
SectorBasic Materials
IndustryGold
BenchmarkNYSE Composite
Websitewww.goldcorp.com
Phone604 696 3000
CurrencyUSD - US Dollar
You should never invest in Goldcorp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goldcorp Stock, because this is throwing your money away. Analyzing the key information contained in Goldcorp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Goldcorp Key Financial Ratios

Generally speaking, Goldcorp's financial ratios allow both analysts and investors to convert raw data from Goldcorp's financial statements into concise, actionable information that can be used to evaluate the performance of Goldcorp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goldcorp reports annually and quarterly.

Goldcorp Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Goldcorp's current stock value. Our valuation model uses many indicators to compare Goldcorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goldcorp competition to find correlations between indicators driving Goldcorp's intrinsic value. More Info.
Goldcorp is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Goldcorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Goldcorp's Stock. 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 Goldcorp's earnings, one of the primary drivers of an investment's value.
Check out Risk vs Return Analysis 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 price.
Note that the Goldcorp information on this page should be used as a complementary analysis to other Goldcorp's 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Consideration for investing in Goldcorp Stock

If you are still planning to invest in Goldcorp 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 Goldcorp's history and understand the potential risks before investing.
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