Mkango Financial Statements From 2010 to 2025
| MKNGF Stock | USD 0.61 0.20 48.78% |
Check Mkango Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mkango Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Mkango financial statements analysis is a perfect complement when working with Mkango Resources Valuation or Volatility modules.
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Mkango Resources Company Return On Asset Analysis
Mkango Resources' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Mkango Resources Return On Asset | -1.47 |
Most of Mkango Resources' fundamental indicators, such as Return On 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, Mkango Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Mkango Resources has a Return On Asset of -1.4748. This is 299.3% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.
Mkango Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mkango Resources's current stock value. Our valuation model uses many indicators to compare Mkango Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mkango Resources competition to find correlations between indicators driving Mkango Resources's intrinsic value. More Info.Mkango Resources is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 Mkango Resources' earnings, one of the primary drivers of an investment's value.About Mkango Resources Financial Statements
Mkango Resources stakeholders use historical fundamental indicators, such as Mkango Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Mkango Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mkango Resources' assets and liabilities are reflected in the revenues and expenses on Mkango Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mkango Resources. Please read more on our technical analysis and fundamental analysis pages.
Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It also holds 100 percent interests in the Thambani, Chimimbe Hill, and Mchinji licenses. Mkango Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Mkango Pink Sheet
Mkango Resources financial ratios help investors to determine whether Mkango Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mkango with respect to the benefits of owning Mkango Resources security.