Allkem Financial Statements From 2010 to 2024
| OROCFDelisted Stock | USD 9.98 0.25 2.44% |
Check Allkem financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allkem's main balance sheet or income statement drivers, such as , as well as many indicators such as . Allkem financial statements analysis is a perfect complement when working with Allkem Valuation or Volatility modules.
Allkem |
Allkem Company Return On Equity Analysis
Allkem'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 Allkem Return On Equity | 0.18 |
Most of Allkem'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, Allkem 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.
CompetitionBased on the latest financial disclosure, Allkem has a Return On Equity of 0.1772. This is 80.53% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 157.16% lower than that of the firm.
Allkem Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allkem's current stock value. Our valuation model uses many indicators to compare Allkem value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allkem competition to find correlations between indicators driving Allkem's intrinsic value. More Info.Allkem 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 reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Allkem is roughly 1.89 . 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 Allkem's earnings, one of the primary drivers of an investment's value.About Allkem Financial Statements
Allkem stakeholders use historical fundamental indicators, such as Allkem's revenue or net income, to determine how well the company is positioned to perform in the future. Although Allkem investors may analyze each financial statement separately, they are all interrelated. For example, changes in Allkem's assets and liabilities are reflected in the revenues and expenses on Allkem'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 Allkem. Please read more on our technical analysis and fundamental analysis pages.
Allkem Limited engages in the production and sale of lithium and boron in Argentina. The company was incorporated in 2005 and is headquartered in Brisbane, Australia. Orocobre operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Allkem Pink Sheet
If you are still planning to invest in Allkem check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allkem's history and understand the potential risks before investing.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |