Spyglass Financial Statements From 2010 to 2025
| SGLRF Stock | USD 0.0001 0.00 0.00% |
Check Spyglass Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spyglass Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Spyglass financial statements analysis is a perfect complement when working with Spyglass Resources Valuation or Volatility modules.
Spyglass |
Spyglass Resources Corp Company Return On Equity Analysis
Spyglass Resources' 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 Spyglass Resources Return On Equity | -1.56 |
Most of Spyglass Resources' 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, Spyglass Resources 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, Spyglass Resources Corp has a Return On Equity of -1.5573. This is 21.35% lower than that of the Oil, Gas & Consumable Fuels sector and 187.49% lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
Spyglass Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spyglass Resources's current stock value. Our valuation model uses many indicators to compare Spyglass Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spyglass Resources competition to find correlations between indicators driving Spyglass Resources's intrinsic value. More Info.Spyglass Resources Corp is rated second in return on equity category among its peers. It is rated fourth 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 Spyglass Resources' earnings, one of the primary drivers of an investment's value.About Spyglass Resources Financial Statements
Spyglass Resources stakeholders use historical fundamental indicators, such as Spyglass Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Spyglass Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spyglass Resources' assets and liabilities are reflected in the revenues and expenses on Spyglass Resources' 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 Spyglass Resources Corp. Please read more on our technical analysis and fundamental analysis pages.
Spyglass Resources Corp., an intermediate oil and gas company, operates oil and natural gas properties in the Western Canadian Sedimentary Basin. The Court approved the involuntary petition on November 26, 2015. SPYGLASS RESOURCES operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 195 people.
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Other Information on Investing in Spyglass Pink Sheet
Spyglass Resources financial ratios help investors to determine whether Spyglass 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 Spyglass with respect to the benefits of owning Spyglass Resources security.