PolarX Financial Statements From 2010 to 2026
| PXXXF Stock | USD 0.01 0.00 0.00% |
Check PolarX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PolarX's main balance sheet or income statement drivers, such as , as well as many indicators such as . PolarX financial statements analysis is a perfect complement when working with PolarX Valuation or Volatility modules.
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PolarX Limited Company Return On Equity Analysis
PolarX'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 PolarX Return On Equity | -0.0465 |
Most of PolarX'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, PolarX 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, PolarX Limited has a Return On Equity of -0.0465. This is 105.11% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 85.0% lower than that of the firm.
PolarX Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PolarX's current stock value. Our valuation model uses many indicators to compare PolarX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PolarX competition to find correlations between indicators driving PolarX's intrinsic value. More Info.PolarX Limited is regarded second in return on equity category among its peers. It is regarded third 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 PolarX's earnings, one of the primary drivers of an investment's value.About PolarX Financial Statements
PolarX stakeholders use historical fundamental indicators, such as PolarX's revenue or net income, to determine how well the company is positioned to perform in the future. Although PolarX investors may analyze each financial statement separately, they are all interrelated. For example, changes in PolarX's assets and liabilities are reflected in the revenues and expenses on PolarX'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 PolarX Limited. Please read more on our technical analysis and fundamental analysis pages.
PolarX Limited engages in the exploration and development of mineral properties in the United States. Its projects portfolio includes the Alaska Range project, which comprise Stellar and Caribou Dome projects covering an area of approximately 262 square kilometers located in Alaska and the Humboldt Range gold-silver projects that consists of 333 lode mining claims located in Nevada. Polarx operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 1 people.
Currently Active Assets on Macroaxis
Other Information on Investing in PolarX Pink Sheet
PolarX financial ratios help investors to determine whether PolarX 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 PolarX with respect to the benefits of owning PolarX security.