Sphere Financial Statements From 2010 to 2026
| SPHUFDelisted Stock | USD 0.0001 0.00 0.00% |
Check Sphere Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Sphere financial statements analysis is a perfect complement when working with Sphere Resources Valuation or Volatility modules.
Sphere |
Sphere Resources Company Return On Asset Analysis
Sphere Resources' 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 Sphere Resources Return On Asset | -1.74 |
Most of Sphere Resources' 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, Sphere Resources 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.
CompetitionBased on the latest financial disclosure, Sphere Resources has a Return On Asset of -1.7441. This is 335.69% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.
Sphere Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sphere Resources's current stock value. Our valuation model uses many indicators to compare Sphere Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sphere Resources competition to find correlations between indicators driving Sphere Resources's intrinsic value. More Info.Sphere Resources is rated below average in return on asset category among its peers. It is rated second in current valuation 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 Sphere Resources' earnings, one of the primary drivers of an investment's value.About Sphere Resources Financial Statements
Sphere Resources stakeholders use historical fundamental indicators, such as Sphere Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Sphere Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sphere Resources' assets and liabilities are reflected in the revenues and expenses on Sphere 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 Sphere Resources. Please read more on our technical analysis and fundamental analysis pages.
Sphere Resources Inc. explores and develops mineral properties in Canada and the United States. Sphere Resources Inc. was founded in 1987 and is headquartered in Mount Lawley, Australia. Sphere Resources is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Sphere Pink Sheet
If you are still planning to invest in Sphere Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sphere Resources' history and understand the potential risks before investing.
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