PrairieSky Financial Statements From 2010 to 2024
| PREKF Stock | USD 21.75 0.03 0.14% |
Check PrairieSky Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PrairieSky Royalty's main balance sheet or income statement drivers, such as , as well as many indicators such as . PrairieSky financial statements analysis is a perfect complement when working with PrairieSky Royalty Valuation or Volatility modules.
PrairieSky |
PrairieSky Royalty Company Return On Equity Analysis
PrairieSky Royalty'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 PrairieSky Royalty Return On Equity | 0.12 |
Most of PrairieSky Royalty'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, PrairieSky Royalty 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, PrairieSky Royalty has a Return On Equity of 0.1184. This is 105.98% lower than that of the Oil, Gas & Consumable Fuels sector and 93.35% lower than that of the Energy industry. The return on equity for all United States stocks is 138.19% lower than that of the firm.
PrairieSky Royalty Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PrairieSky Royalty's current stock value. Our valuation model uses many indicators to compare PrairieSky Royalty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PrairieSky Royalty competition to find correlations between indicators driving PrairieSky Royalty's intrinsic value. More Info.PrairieSky Royalty is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.66 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PrairieSky Royalty is roughly 1.51 . 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 PrairieSky Royalty's earnings, one of the primary drivers of an investment's value.About PrairieSky Royalty Financial Statements
PrairieSky Royalty stakeholders use historical fundamental indicators, such as PrairieSky Royalty's revenue or net income, to determine how well the company is positioned to perform in the future. Although PrairieSky Royalty investors may analyze each financial statement separately, they are all interrelated. For example, changes in PrairieSky Royalty's assets and liabilities are reflected in the revenues and expenses on PrairieSky Royalty'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 PrairieSky Royalty. Please read more on our technical analysis and fundamental analysis pages.
PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Prairiesky Rty operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 55 people.
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Other Information on Investing in PrairieSky Pink Sheet
PrairieSky Royalty financial ratios help investors to determine whether PrairieSky 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 PrairieSky with respect to the benefits of owning PrairieSky Royalty security.