Atlas Salt Inc. Logo

Atlas Salt Inc.

REMRF

(1.0)
Stock Price

0,42 USD

-15.25% ROA

-17.75% ROE

-19.7x PER

Market Cap.

66.641.447,92 USD

0% DER

0% Yield

1274.28% NPM

Atlas Salt Inc. Stock Analysis

Atlas Salt Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Atlas Salt Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (3x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

4 ROE

Negative ROE (-12.45%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-8.92%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (0), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Atlas Salt Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Atlas Salt Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Atlas Salt Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Atlas Salt Inc. Revenue
Year Revenue Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 1.067.760 100%
2023 0 0%
2024 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Atlas Salt Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Atlas Salt Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 0
2013 266.100 100%
2014 193.706 -37.37%
2015 170.471 -13.63%
2016 140.061 -21.71%
2017 87.247 -60.53%
2018 195.668 55.41%
2019 211.933 7.67%
2020 184.883 -14.63%
2021 1.593.174 88.4%
2022 2.288.351 30.38%
2023 263.340 -768.97%
2023 912.092 71.13%
2024 2.582.000 64.67%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Atlas Salt Inc. EBITDA
Year EBITDA Growth
2012 -116.365
2013 -266.100 56.27%
2014 -193.706 -37.37%
2015 -170.471 -13.63%
2016 -146.479 -16.38%
2017 -94.087 -55.68%
2018 -195.668 51.91%
2019 -213.373 8.3%
2020 -184.883 -15.41%
2021 -2.245.029 91.76%
2022 -5.413.944 58.53%
2023 -741.788 -629.85%
2023 -4.508.732 83.55%
2024 -3.993.000 -12.92%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Atlas Salt Inc. Gross Profit
Year Gross Profit Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 -750 100%
2018 -525 -42.86%
2019 -525 0%
2020 -525 0%
2021 -1.402 62.55%
2022 -3.393 58.68%
2023 1.063.852 100.32%
2023 -12.908 8341.8%
2024 -42.156 69.38%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Atlas Salt Inc. Net Profit
Year Net Profit Growth
2012 -113.451
2013 -261.927 56.69%
2014 -191.213 -36.98%
2015 -170.113 -12.4%
2016 -141.131 -20.54%
2017 -94.785 -48.9%
2018 -196.193 51.69%
2019 -213.898 8.28%
2020 -185.408 -15.37%
2021 -2.171.990 91.46%
2022 -2.453.060 11.46%
2023 -1.440.828 -70.25%
2023 -4.838.013 70.22%
2024 -4.298.024 -12.56%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Atlas Salt Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Atlas Salt Inc. Free Cashflow
Year Free Cashflow Growth
2012 -252
2013 -602.099 99.96%
2014 -580.637 -3.7%
2015 -262.152 -121.49%
2016 -157.126 -66.84%
2017 -87.897 -78.76%
2018 -96.403 8.82%
2019 -354.349 72.79%
2020 -173.902 -103.76%
2021 -2.000.848 91.31%
2022 -4.354.834 54.05%
2023 -1.742.462 -149.92%
2023 -7.199.363 75.8%
2024 -880.722 -717.44%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Atlas Salt Inc. Operating Cashflow
Year Operating Cashflow Growth
2012 0
2013 -245.003 100%
2014 -151.861 -61.33%
2015 -167.641 9.41%
2016 -106.562 -57.32%
2017 10.112 1153.82%
2018 -66.024 115.32%
2019 -296.385 77.72%
2020 -110.157 -169.06%
2021 -1.099.436 89.98%
2022 -1.066.731 -3.07%
2023 -1.011.903 -5.42%
2023 -3.465.819 70.8%
2024 -385.232 -799.67%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Atlas Salt Inc. Capital Expenditure
Year Capital Expenditure Growth
2012 252
2013 357.096 99.93%
2014 428.776 16.72%
2015 94.511 -353.68%
2016 50.564 -86.91%
2017 98.009 48.41%
2018 30.379 -222.62%
2019 57.964 47.59%
2020 63.745 9.07%
2021 901.412 92.93%
2022 3.288.103 72.59%
2023 730.559 -350.08%
2023 3.733.544 80.43%
2024 495.490 -653.51%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Atlas Salt Inc. Equity
Year Equity Growth
2012 1.661.549
2013 1.693.633 1.89%
2014 2.012.225 15.83%
2015 2.094.535 3.93%
2016 1.982.061 -5.67%
2017 1.896.311 -4.52%
2018 1.812.044 -4.65%
2019 1.931.905 6.2%
2020 1.812.841 -6.57%
2021 10.829.245 83.26%
2022 14.811.635 26.89%
2023 21.776.147 31.98%
2023 21.895.461 0.54%
2024 21.302.909 -2.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Atlas Salt Inc. Assets
Year Assets Growth
2012 1.697.884
2013 1.713.350 0.9%
2014 2.087.413 17.92%
2015 2.179.522 4.23%
2016 2.037.659 -6.96%
2017 2.095.723 2.77%
2018 2.102.199 0.31%
2019 2.185.758 3.82%
2020 2.071.664 -5.51%
2021 11.253.202 81.59%
2022 16.046.794 29.87%
2023 22.374.049 28.28%
2023 22.443.798 0.31%
2024 21.949.054 -2.25%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Atlas Salt Inc. Liabilities
Year Liabilities Growth
2012 36.335
2013 19.717 -84.28%
2014 75.188 73.78%
2015 84.987 11.53%
2016 55.598 -52.86%
2017 199.412 72.12%
2018 290.155 31.27%
2019 253.853 -14.3%
2020 258.823 1.92%
2021 423.957 38.95%
2022 1.235.159 65.68%
2023 597.902 -106.58%
2023 548.337 -9.04%
2024 646.145 15.14%

Atlas Salt Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
-0
Net Income per Share
-0.04
Price to Earning Ratio
-19.7x
Price To Sales Ratio
-2090.25x
POCF Ratio
-35.95
PFCF Ratio
-13.77
Price to Book Ratio
3.1
EV to Sales
-1763.71
EV Over EBITDA
-15.59
EV to Operating CashFlow
-30.65
EV to FreeCashFlow
-11.61
Earnings Yield
-0.05
FreeCashFlow Yield
-0.07
Market Cap
0,07 Bil.
Enterprise Value
0,06 Bil.
Graham Number
0.42
Graham NetNet
0.1

Income Statement Metrics

Net Income per Share
-0.04
Income Quality
0.55
ROE
-0.15
Return On Assets
-0.18
Return On Capital Employed
-0.15
Net Income per EBT
1.14
EBT Per Ebit
1.09
Ebit per Revenue
10.31
Effective Tax Rate
-0.14

Margins

Sales, General, & Administrative to Revenue
-68.1
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-25.89
Gross Profit Margin
1.15
Operating Profit Margin
10.31
Pretax Profit Margin
11.22
Net Profit Margin
12.74

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.02
Free CashFlow per Share
-0.05
Capex to Operating CashFlow
-1.64
Capex to Revenue
-94.31
Capex to Depreciation
86.74
Return on Invested Capital
-0.15
Return on Tangible Assets
-0.15
Days Sales Outstanding
-1420.47
Days Payables Outstanding
4605.33
Days of Inventory on Hand
0
Receivables Turnover
-0.26
Payables Turnover
0.08
Inventory Turnover
0
Capex per Share
0.03

Balance Sheet

Cash per Share
0,11
Book Value per Share
0,22
Tangible Book Value per Share
0.22
Shareholders Equity per Share
0.22
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
2.89
Current Ratio
20.31
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
10518621
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Atlas Salt Inc. Dividends
Year Dividends Growth

Atlas Salt Inc. Profile

About Atlas Salt Inc.

Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St. George Basin of Western Newfoundland. The company also holds interests in the Ace Gypsum project located in the dormant Flat Bay gypsum mines to the southwest of the Great Atlantic salt deposit; and the Black Bay Nepheline property located in southern Labrador. As of December 31, 2021, the company had 30 mineral licenses approximately 21,725 hectares in the Bay St. George region of Western Newfoundland and in Black Bay, Labrador. The company was formerly known as Red Moon Resources Inc. and changed its name to Atlas Salt Inc. in August 2021. Atlas Salt Inc. was incorporated in 2011 and is headquartered in St. John's, Canada.

CEO
Mr. Richard LaBelle
Employee
0
Address
333 Duckworth Street
Saint John's, A1C 1G9

Atlas Salt Inc. Executives & BODs

Atlas Salt Inc. Executives & BODs
# Name Age
1 Mr. Richard LaBelle
Chief Executive Officer, President & Director
70
2 Mr. Robert Keith Booth P.Eng., P.M.P.
Vice President of Engineering & Construction
70
3 Mr. Alasdair James Federico
Chief Financial Officer & Vice President of Corporate Affairs
70

Atlas Salt Inc. Competitors