Providence Financial Statements From 2010 to 2026
Providence Resources' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Providence Resources' valuation are provided below:Providence Resources Plc does not presently have any trending fundamental ratios for analysis.
This module can also supplement various Providence Resources Technical models . 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 persons.
Check Providence Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Providence Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Providence financial statements analysis is a perfect complement when working with Providence Resources Valuation or Volatility modules.
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Providence Resources Plc Company Return On Equity Analysis
Providence 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 Providence Resources Return On Equity | -0.0086 |
Most of Providence 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, Providence Resources Plc 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, Providence Resources Plc has a Return On Equity of -0.0086. This is 99.57% lower than that of the Energy sector and 100.48% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 97.23% lower than that of the firm.
Providence Resources Plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Providence Resources's current stock value. Our valuation model uses many indicators to compare Providence Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Providence Resources competition to find correlations between indicators driving Providence Resources's intrinsic value. More Info.Providence Resources Plc is regarded second in return on equity category among its peers. It 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 Providence Resources' earnings, one of the primary drivers of an investment's value.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 persons. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Providence Pink Sheet
If you are still planning to invest in Providence Resources Plc 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 Providence Resources' history and understand the potential risks before investing.
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