Soma Financial Statements From 2010 to 2024

SMAGF Stock  USD 0.42  0.00  0.00%   
Soma Gold financial statements provide useful quarterly and yearly information to potential Soma Gold Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Soma Gold financial statements helps investors assess Soma Gold's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Soma Gold's valuation are summarized below:
Soma Gold Corp does not presently have any fundamental trend indicators for analysis.
Check Soma Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Soma Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Soma financial statements analysis is a perfect complement when working with Soma Gold Valuation or Volatility modules.
  
This module can also supplement various Soma Gold Technical models . Check out the analysis of Soma Gold Correlation against competitors.

Soma Gold Corp OTC Stock Return On Equity Analysis

Soma Gold'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Soma Gold Return On Equity

    
  0.23  
Most of Soma Gold'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, Soma Gold 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.
Competition

Based on the latest financial disclosure, Soma Gold Corp has a Return On Equity of 0.2334. This is 74.35% lower than that of the Basic Materials sector and 133.4% higher than that of the Gold industry. The return on equity for all United States stocks is 175.29% lower than that of the firm.

Soma Gold Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Soma Gold's current stock value. Our valuation model uses many indicators to compare Soma Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Soma Gold competition to find correlations between indicators driving Soma Gold's intrinsic value. More Info.
Soma Gold Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.83  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Soma Gold Corp is roughly  1.21 . 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 Soma Gold's earnings, one of the primary drivers of an investment's value.

About Soma Gold Financial Statements

Soma Gold stakeholders use historical fundamental indicators, such as Soma Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Soma Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Soma Gold's assets and liabilities are reflected in the revenues and expenses on Soma 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 Soma Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Soma Gold Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in South America. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020. SOMA GOLD is traded on OTC Exchange in the United States.

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Other Information on Investing in Soma OTC Stock

Soma Gold financial ratios help investors to determine whether Soma 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 Soma with respect to the benefits of owning Soma Gold security.