Canadian Spirit Resources Stock Net Asset

SPI Stock  CAD 0.09  0.00  0.00%   
Canadian Spirit Resources fundamentals help investors to digest information that contributes to Canadian Spirit's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Spirit's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Spirit stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Canadian Spirit Resources Company Net Asset Analysis

Canadian Spirit's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Canadian Spirit Net Asset

    
  39.27 M  
Most of Canadian Spirit's fundamental indicators, such as Net Asset, 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, Canadian Spirit Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Canadian Total Assets

Total Assets

40.15 Million

At this time, Canadian Spirit's Total Assets are fairly stable compared to the past year.
Based on the recorded statements, Canadian Spirit Resources has a Net Asset of 39.27 M. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all Canada stocks is notably lower than that of the firm.

Canadian Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Spirit's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Spirit could also be used in its relative valuation, which is a method of valuing Canadian Spirit by comparing valuation metrics of similar companies.
Canadian Spirit is currently under evaluation in net asset category among related companies.

Canadian Fundamentals

About Canadian Spirit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canadian Spirit Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Spirit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Spirit Resources 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

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Spirit Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Canadian Spirit's price analysis, check to measure Canadian Spirit's 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 Canadian Spirit is operating at the current time. Most of Canadian Spirit's value examination focuses on studying past and present price action to predict the probability of Canadian Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Spirit's price. Additionally, you may evaluate how the addition of Canadian Spirit to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian Spirit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Spirit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Spirit'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.