Rover Financial Statements From 2010 to 2024
| ROVMF Stock | USD 0.02 0.00 0.00% |
Check Rover Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rover Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Rover financial statements analysis is a perfect complement when working with Rover Metals Valuation or Volatility modules.
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Rover Metals Corp OTC Stock Return On Equity Analysis
Rover 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 Rover Metals Return On Equity | -0.38 |
Most of Rover 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, Rover Metals Corp 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, Rover Metals Corp has a Return On Equity of -0.3775. This is 141.48% 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 21.77% higher than that of the company.
Rover Metals Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rover Metals's current stock value. Our valuation model uses many indicators to compare Rover Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rover Metals competition to find correlations between indicators driving Rover Metals's intrinsic value. More Info.Rover Metals Corp is rated below average in return on equity category among its peers. It is rated third 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 Rover Metals' earnings, one of the primary drivers of an investment's value.About Rover Metals Financial Statements
Rover Metals stakeholders use historical fundamental indicators, such as Rover Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Rover Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rover Metals' assets and liabilities are reflected in the revenues and expenses on Rover 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 Rover Metals Corp. Please read more on our technical analysis and fundamental analysis pages.
Rover Metals Corp., a precious metals exploration company, engages in acquiring, exploiting, exploring, evaluating, and developing mineral properties in North America. Rover Metals Corp. incorporated 2010 and is headquartered in Vancouver, British Colombia. Rover Metals is traded on OTC Exchange in the United States.
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Other Information on Investing in Rover OTC Stock
Rover Metals financial ratios help investors to determine whether Rover 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 Rover with respect to the benefits of owning Rover Metals security.