New Financial Statements From 2010 to 2025
| NDMCF Stock | USD 0.02 0.00 0.00% |
Check New Destiny financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Destiny's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Destiny Valuation or Volatility modules.
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New Destiny Mining Company Return On Asset Analysis
New Destiny's 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 New Destiny Return On Asset | -10.25 |
Most of New Destiny's 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, New Destiny Mining 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, New Destiny Mining has a Return On Asset of -10.2495. This is 1485.07% 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.
New Destiny Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Destiny's current stock value. Our valuation model uses many indicators to compare New Destiny value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Destiny competition to find correlations between indicators driving New Destiny's intrinsic value. More Info.New Destiny Mining is rated below average in return on asset category among its peers. It also is rated below average in current valuation 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 New Destiny's earnings, one of the primary drivers of an investment's value.About New Destiny Financial Statements
New Destiny stakeholders use historical fundamental indicators, such as New Destiny's revenue or net income, to determine how well the company is positioned to perform in the future. Although New Destiny investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Destiny's assets and liabilities are reflected in the revenues and expenses on New Destiny's 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 New Destiny Mining. Please read more on our technical analysis and fundamental analysis pages.
New Destiny Mining Corp., a junior mineral exploration company, engages in the acquisition, exploration, evaluation, and development of mineral resource properties in Canada. New Destiny Mining Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. New Destiny is traded on OTC Exchange in the United States.
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Other Information on Investing in New Pink Sheet
New Destiny financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Destiny security.