Noble Financial Statements From 2010 to 2025
| NLPXF Stock | USD 0.06 0.01 9.17% |
Check Noble Mineral financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noble Mineral's main balance sheet or income statement drivers, such as , as well as many indicators such as . Noble financial statements analysis is a perfect complement when working with Noble Mineral Valuation or Volatility modules.
Noble |
Noble Mineral Exploration OTC Stock Return On Equity Analysis
Noble Mineral'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 Noble Mineral Return On Equity | 0.69 |
Most of Noble Mineral'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, Noble Mineral Exploration 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.
| Competition |
Based on the latest financial disclosure, Noble Mineral Exploration has a Return On Equity of 0.6921. This is much higher than that of the sector and significantly higher than that of the Return On Equity industry. The return on equity for all United States stocks is notably lower than that of the firm.
Noble Mineral Exploration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Noble Mineral's current stock value. Our valuation model uses many indicators to compare Noble Mineral value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noble Mineral competition to find correlations between indicators driving Noble Mineral's intrinsic value. More Info.Noble Mineral Exploration is considered to be number one stock in return on equity category among its peers. It 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 Noble Mineral's earnings, one of the primary drivers of an investment's value.About Noble Mineral Financial Statements
Noble Mineral stakeholders use historical fundamental indicators, such as Noble Mineral's revenue or net income, to determine how well the company is positioned to perform in the future. Although Noble Mineral investors may analyze each financial statement separately, they are all interrelated. For example, changes in Noble Mineral's assets and liabilities are reflected in the revenues and expenses on Noble Mineral'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 Noble Mineral Exploration. Please read more on our technical analysis and fundamental analysis pages.
Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral resources properties in Canada. Noble Mineral Exploration Inc. is headquartered in Toronto, Canada. Noble Mineral is traded on OTC Exchange in the United States.
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Other Information on Investing in Noble OTC Stock
Noble Mineral financial ratios help investors to determine whether Noble 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 Noble with respect to the benefits of owning Noble Mineral security.