Star Financial Statements From 2010 to 2024
| SHGDF Stock | USD 0.03 0.01 50.00% |
Check Star Diamond financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Diamond's main balance sheet or income statement drivers, such as , as well as many indicators such as . Star financial statements analysis is a perfect complement when working with Star Diamond Valuation or Volatility modules.
Star |
Star Diamond Company Return On Equity Analysis
Star Diamond's 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 Star Diamond Return On Equity | -0.0673 |
Most of Star Diamond's 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, Star Diamond 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, Star Diamond has a Return On Equity of -0.0673. This is 107.4% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all United States stocks is 78.29% lower than that of the firm.
Star Diamond Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Star Diamond's current stock value. Our valuation model uses many indicators to compare Star Diamond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Star Diamond competition to find correlations between indicators driving Star Diamond's intrinsic value. More Info.Star Diamond is rated below average in return on equity category among its peers. It also is rated below average 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 Star Diamond's earnings, one of the primary drivers of an investment's value.About Star Diamond Financial Statements
Star Diamond stakeholders use historical fundamental indicators, such as Star Diamond's revenue or net income, to determine how well the company is positioned to perform in the future. Although Star Diamond investors may analyze each financial statement separately, they are all interrelated. For example, changes in Star Diamond's assets and liabilities are reflected in the revenues and expenses on Star Diamond'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 Star Diamond. Please read more on our technical analysis and fundamental analysis pages.
Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. Star Diamond Corporation was incorporated in 1985 and is headquartered in Saskatoon, Canada. Shore Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 5 people.
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Other Information on Investing in Star Pink Sheet
Star Diamond financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Diamond security.