Rackla Financial Statements From 2010 to 2024
| RMETF Stock | USD 0.06 0.01 7.35% |
Check Rackla Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackla Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Rackla financial statements analysis is a perfect complement when working with Rackla Metals Valuation or Volatility modules.
Rackla |
Rackla Metals Company Return On Equity Analysis
Rackla Metals' 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 Rackla Metals Return On Equity | -1.5 |
Most of Rackla Metals' 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, Rackla Metals 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, Rackla Metals has a Return On Equity of -1.4974. This is 264.55% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is notably higher than that of the company.
Rackla Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rackla Metals's current stock value. Our valuation model uses many indicators to compare Rackla Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rackla Metals competition to find correlations between indicators driving Rackla Metals's intrinsic value. More Info.Rackla Metals is currently regarded as top stock in return on equity category among its peers. It is rated fifth 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 Rackla Metals' earnings, one of the primary drivers of an investment's value.About Rackla Metals Financial Statements
Rackla Metals stakeholders use historical fundamental indicators, such as Rackla Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Rackla Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rackla Metals' assets and liabilities are reflected in the revenues and expenses on Rackla Metals' 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 Rackla Metals. Please read more on our technical analysis and fundamental analysis pages.
Rackla Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Rackla Metals Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. Rackla Metals operates under Gold classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Other Information on Investing in Rackla Pink Sheet
Rackla Metals financial ratios help investors to determine whether Rackla 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 Rackla with respect to the benefits of owning Rackla Metals security.