Reconnaissance Financial Statements From 2010 to 2026
| RECO Stock | CAD 0.99 0.06 6.45% |
Check Reconnaissance Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reconnaissance Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reconnaissance financial statements analysis is a perfect complement when working with Reconnaissance Energy Valuation or Volatility modules.
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Reconnaissance Energy Africa Company Return On Equity Analysis
Reconnaissance Energy'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 Reconnaissance Energy Return On Equity | 0.52 |
Most of Reconnaissance Energy'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, Reconnaissance Energy Africa 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, Reconnaissance Energy Africa has a Return On Equity of 0.5239. This is 126.46% lower than that of the Oil, Gas & Consumable Fuels sector and 70.57% lower than that of the Energy industry. The return on equity for all Canada stocks is notably lower than that of the firm.
Reconnaissance Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reconnaissance Energy's current stock value. Our valuation model uses many indicators to compare Reconnaissance Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reconnaissance Energy competition to find correlations between indicators driving Reconnaissance Energy's intrinsic value. More Info.Reconnaissance Energy Africa is rated third in return on equity category among its peers. It is rated below average 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 Reconnaissance Energy's earnings, one of the primary drivers of an investment's value.About Reconnaissance Energy Financial Statements
Reconnaissance Energy investors use historical fundamental indicators, such as Reconnaissance Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Reconnaissance Energy. Please read more on our technical analysis and fundamental analysis pages.
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in the identification, exploration, and development of oil andor gas assets in Namibia and Botswana. It holds a 90 percent interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia and 100 percent working interest in a petroleum license, which covers an area of 9,921 km2 located in northwestern Botswana. RECONNAISSANCE ENERGY operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange.
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Additional Tools for Reconnaissance Stock Analysis
When running Reconnaissance Energy's price analysis, check to measure Reconnaissance Energy's 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 Reconnaissance Energy is operating at the current time. Most of Reconnaissance Energy's value examination focuses on studying past and present price action to predict the probability of Reconnaissance Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reconnaissance Energy's price. Additionally, you may evaluate how the addition of Reconnaissance Energy to your portfolios can decrease your overall portfolio volatility.