Rio2 Financial Statements From 2010 to 2024
| RIOFF Stock | USD 0.48 0.03 6.67% |
Check Rio2 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rio2's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rio2 financial statements analysis is a perfect complement when working with Rio2 Valuation or Volatility modules.
Rio2 |
Rio2 Limited OTC Stock Return On Equity Analysis
Rio2'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 Rio2 Return On Equity | -0.0792 |
Most of Rio2'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, Rio2 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.
| Competition |
Based on the latest financial disclosure, Rio2 Limited has a Return On Equity of -0.0792. This is 108.7% lower than that of the Basic Materials sector and 179.2% lower than that of the Gold industry. The return on equity for all United States stocks is 74.45% lower than that of the firm.
Rio2 Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rio2's current stock value. Our valuation model uses many indicators to compare Rio2 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rio2 competition to find correlations between indicators driving Rio2's intrinsic value. More Info.Rio2 Limited is currently regarded as top stock in return on equity category among its peers. It is rated second 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 Rio2's earnings, one of the primary drivers of an investment's value.About Rio2 Financial Statements
Rio2 stakeholders use historical fundamental indicators, such as Rio2's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rio2 investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rio2's assets and liabilities are reflected in the revenues and expenses on Rio2'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 Rio2 Limited. Please read more on our technical analysis and fundamental analysis pages.
Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, and Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada. Rio2 operates under Gold classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Rio2 OTC Stock
Rio2 financial ratios help investors to determine whether Rio2 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 Rio2 with respect to the benefits of owning Rio2 security.