Paringa Financial Statements From 2010 to 2025
| PNGZF Stock | USD 0.13 0.00 0.00% |
Check Paringa Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paringa Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Paringa financial statements analysis is a perfect complement when working with Paringa Resources Valuation or Volatility modules.
Paringa |
Paringa Resources Limited Company Return On Equity Analysis
Paringa Resources' 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 Paringa Resources Return On Equity | -7.08 |
Most of Paringa Resources' 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, Paringa Resources Limited 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, Paringa Resources Limited has a Return On Equity of -7.0836. This is 878.42% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is notably higher than that of the company.
Paringa Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Paringa Resources's current stock value. Our valuation model uses many indicators to compare Paringa Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Paringa Resources competition to find correlations between indicators driving Paringa Resources's intrinsic value. More Info.Paringa Resources Limited is rated below average 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 Paringa Resources' earnings, one of the primary drivers of an investment's value.About Paringa Resources Financial Statements
Paringa Resources stakeholders use historical fundamental indicators, such as Paringa Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Paringa Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Paringa Resources' assets and liabilities are reflected in the revenues and expenses on Paringa Resources' 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 Paringa Resources Limited. Please read more on our technical analysis and fundamental analysis pages.
GCX Metals Limited engages in mineral exploration and development activities in Australia. GCX Metals Limited was incorporated in 2012 and is based in Perth, Australia. PARINGA RESOURCES operates under Gold classification in the United States and is traded on PNK Exchange.
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Other Information on Investing in Paringa Pink Sheet
Paringa Resources financial ratios help investors to determine whether Paringa 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 Paringa with respect to the benefits of owning Paringa Resources security.