Newlox Financial Statements From 2010 to 2025
| NWLXF Stock | USD 0.04 0.03 46.07% |
Check Newlox Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newlox Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Newlox financial statements analysis is a perfect complement when working with Newlox Gold Valuation or Volatility modules.
Newlox |
Newlox Gold Ventures Company Return On Equity Analysis
Newlox 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 Newlox Gold Return On Equity | -0.49 |
Most of Newlox 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, Newlox Gold Ventures 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, Newlox Gold Ventures has a Return On Equity of -0.4925. This is 211.93% lower than that of the Industrials sector and 98.44% lower than that of the Waste Management industry. The return on equity for all United States stocks is 58.87% higher than that of the company.
Newlox Gold Ventures Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newlox Gold's current stock value. Our valuation model uses many indicators to compare Newlox Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newlox Gold competition to find correlations between indicators driving Newlox Gold's intrinsic value. More Info.Newlox Gold Ventures 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 Newlox Gold's earnings, one of the primary drivers of an investment's value.About Newlox Gold Financial Statements
Newlox Gold stakeholders use historical fundamental indicators, such as Newlox Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Newlox Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Newlox Gold's assets and liabilities are reflected in the revenues and expenses on Newlox 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 Newlox Gold Ventures. Please read more on our technical analysis and fundamental analysis pages.
Newlox Gold Ventures Corp. operates as an environmental remediation and precious metals recovery company. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. Newlox Gold is traded on OTC Exchange in the United States.
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Other Information on Investing in Newlox Pink Sheet
Newlox Gold financial ratios help investors to determine whether Newlox 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 Newlox with respect to the benefits of owning Newlox Gold security.