Norden Financial Statements From 2010 to 2024
| NOCRF Stock | USD 0.06 0 1.67% |
Check Norden Crown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norden Crown's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norden financial statements analysis is a perfect complement when working with Norden Crown Valuation or Volatility modules.
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Norden Crown Metals Company Return On Equity Analysis
Norden Crown'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 Norden Crown Return On Equity | -0.18 |
Most of Norden Crown'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, Norden Crown Metals 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, Norden Crown Metals has a Return On Equity of -0.1771. This is 119.46% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 42.87% lower than that of the firm.
Norden Crown Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norden Crown's current stock value. Our valuation model uses many indicators to compare Norden Crown value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norden Crown competition to find correlations between indicators driving Norden Crown's intrinsic value. More Info.Norden Crown Metals is regarded third in return on equity category among its peers. It is regarded second 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 Norden Crown's earnings, one of the primary drivers of an investment's value.About Norden Crown Financial Statements
Norden Crown stakeholders use historical fundamental indicators, such as Norden Crown's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norden Crown investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norden Crown's assets and liabilities are reflected in the revenues and expenses on Norden Crown'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 Norden Crown Metals. Please read more on our technical analysis and fundamental analysis pages.
Norden Crown Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Sweden and Norway. Norden Crown Metals Corp. was incorporated in 2013 and is headquartered in North Vancouver, Canada. Norden Crown is traded on OTC Exchange in the United States.
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Other Information on Investing in Norden Pink Sheet
Norden Crown financial ratios help investors to determine whether Norden 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 Norden with respect to the benefits of owning Norden Crown security.