Labrador Financial Statements From 2010 to 2024
| NKOSF Stock | USD 0.04 0 8.89% |
Check Labrador Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Labrador Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Labrador financial statements analysis is a perfect complement when working with Labrador Gold Valuation or Volatility modules.
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Labrador Gold Corp OTC Stock Return On Equity Analysis
Labrador Gold's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Labrador Gold Return On Equity | -0.0253 |
Most of Labrador Gold's fundamental indicators, such as Return On Equity, 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, Labrador Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Labrador Gold Corp has a Return On Equity of -0.0253. This is 102.78% lower than that of the Basic Materials sector and 125.3% lower than that of the Gold industry. The return on equity for all United States stocks is 91.84% lower than that of the firm.
Labrador Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Labrador Gold's current stock value. Our valuation model uses many indicators to compare Labrador Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Labrador Gold competition to find correlations between indicators driving Labrador Gold's intrinsic value. More Info.Labrador Gold Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 Labrador Gold's earnings, one of the primary drivers of an investment's value.About Labrador Gold Financial Statements
Labrador Gold stakeholders use historical fundamental indicators, such as Labrador Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Labrador Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Labrador Gold's assets and liabilities are reflected in the revenues and expenses on Labrador Gold'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 Labrador Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. LABRADOR GOLD operates under Gold classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Labrador OTC Stock
Labrador Gold financial ratios help investors to determine whether Labrador OTC Stock 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 Labrador with respect to the benefits of owning Labrador Gold security.