Red Financial Statements From 2010 to 2025

RMESF Stock  USD 0.01  0.02  79.17%   
Red Metal's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Red Metal's valuation are provided below:
Red Metal Resources does not presently have any trending fundamental ratios for analysis.
Check Red Metal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Metal's main balance sheet or income statement drivers, such as , as well as many indicators such as . Red financial statements analysis is a perfect complement when working with Red Metal Valuation or Volatility modules.
  
This module can also supplement various Red Metal Technical models . Check out the analysis of Red Metal Correlation against competitors.

Red Metal Resources Company Return On Asset Analysis

Red Metal's 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Red Metal Return On Asset

    
  -0.86  
Most of Red Metal's 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, Red Metal 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.
Competition

Based on the latest financial disclosure, Red Metal Resources has a Return On Asset of -0.8604. This is 216.27% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.

Red Metal Resources Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Red Metal's current stock value. Our valuation model uses many indicators to compare Red Metal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Metal competition to find correlations between indicators driving Red Metal's intrinsic value. More Info.
Red Metal Resources is rated below average in return on asset category among its peers. It is currently regarded number one 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 Red Metal's earnings, one of the primary drivers of an investment's value.

About Red Metal Financial Statements

Red Metal stakeholders use historical fundamental indicators, such as Red Metal's revenue or net income, to determine how well the company is positioned to perform in the future. Although Red Metal investors may analyze each financial statement separately, they are all interrelated. For example, changes in Red Metal's assets and liabilities are reflected in the revenues and expenses on Red Metal'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 Red Metal Resources. Please read more on our technical analysis and fundamental analysis pages.
Red Metal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Chile. Red Metal Resources Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada. Red Metal operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2 people.

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Other Information on Investing in Red Pink Sheet

Red Metal financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Metal security.