Providence Financial Statements From 2010 to 2024
| PVRS Stock | USD 0.01 0 20.00% |
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 Company Return On Asset Analysis
Providence Resources' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Providence Resources Return On Asset | -0.0901 |
Most of Providence Resources' fundamental indicators, such as Return On Asset, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Providence Resources has a Return On Asset of -0.0901. This is 80.83% lower than that of the Financial Services sector and significantly lower than that of the Shell Companies industry. The return on asset for all United States stocks is 35.64% lower than that of the firm.
Providence Resources 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 is considered to be number one stock in return on asset category among its peers. It also is rated top company in current valuation 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.About Providence Resources Financial Statements
Providence Resources shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Providence Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Providence Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Providence Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Providence Resources, Inc., an exploration stage company, engages in the acquisition, exploration, and development of oil and gas properties. Providence Resources operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 1 people.
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Additional Tools for Providence Pink Sheet Analysis
When running Providence Resources' price analysis, check to measure Providence Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Providence Resources is operating at the current time. Most of Providence Resources' value examination focuses on studying past and present price action to predict the probability of Providence Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Providence Resources' price. Additionally, you may evaluate how the addition of Providence Resources to your portfolios can decrease your overall portfolio volatility.