Reno Financial Statements From 2010 to 2025
| RNGG Stock | USD 0.01 0.00 0.00% |
Check Reno Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reno Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reno financial statements analysis is a perfect complement when working with Reno Gold Valuation or Volatility modules.
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Reno Gold Company Return On Asset Analysis
Reno Gold'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.
Current Reno Gold Return On Asset | -2.18 |
Most of Reno Gold'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, Reno Gold 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.
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Based on the latest financial disclosure, Reno Gold has a Return On Asset of -2.1769. This is 394.18% lower than that of the Basic Materials sector and notably higher than that of the Gold industry. The return on asset for all United States stocks is notably higher than that of the company.
Reno Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reno Gold's current stock value. Our valuation model uses many indicators to compare Reno Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reno Gold competition to find correlations between indicators driving Reno Gold's intrinsic value. More Info.Reno Gold is rated below average in return on asset category among its peers. It is rated second in operating margin 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 Reno Gold's earnings, one of the primary drivers of an investment's value.About Reno Gold Financial Statements
Reno Gold stakeholders use historical fundamental indicators, such as Reno Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Reno Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reno Gold's assets and liabilities are reflected in the revenues and expenses on Reno Gold'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 Reno Gold. Please read more on our technical analysis and fundamental analysis pages.
Reno Gold Corporation discovers, explores, and produces precious metal properties in the United States. Reno Gold Corporation was formerly known as Micromedx, Inc. and changed its name to Reno Gold Corporation in January 2005. Reno Gold operates under Gold classification in the United States and is traded on OTC Exchange. It employs 1 people.
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Other Information on Investing in Reno Pink Sheet
Reno Gold financial ratios help investors to determine whether Reno 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 Reno with respect to the benefits of owning Reno Gold security.