Rock Financial Statements From 2010 to 2024
| RCKTF Stock | USD 0.72 0.01 1.41% |
Check Rock Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rock Tech's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rock financial statements analysis is a perfect complement when working with Rock Tech Valuation or Volatility modules.
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Rock Tech Lithium OTC Stock Return On Equity Analysis
Rock Tech'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 Rock Tech Return On Equity | -1.52 |
Most of Rock Tech'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, Rock Tech Lithium 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, Rock Tech Lithium has a Return On Equity of -1.5152. This is 266.51% 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 notably higher than that of the company.
Rock Tech Lithium Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rock Tech's current stock value. Our valuation model uses many indicators to compare Rock Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rock Tech competition to find correlations between indicators driving Rock Tech's intrinsic value. More Info.Rock Tech Lithium is rated fourth in return on equity category among its peers. It also is rated fourth 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 Rock Tech's earnings, one of the primary drivers of an investment's value.About Rock Tech Financial Statements
Rock Tech stakeholders use historical fundamental indicators, such as Rock Tech's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rock Tech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rock Tech's assets and liabilities are reflected in the revenues and expenses on Rock Tech'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 Rock Tech Lithium. Please read more on our technical analysis and fundamental analysis pages.
Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. Rock Tech Lithium Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. Rock Tech operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Rock OTC Stock
Rock Tech financial ratios help investors to determine whether Rock OTC Stock 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 Rock with respect to the benefits of owning Rock Tech security.