Sparton Financial Statements From 2010 to 2026
| SPNRF Stock | USD 0.03 0.02 235.00% |
Check Sparton Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sparton Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Sparton financial statements analysis is a perfect complement when working with Sparton Resources Valuation or Volatility modules.
Sparton |
Sparton Resources Company Return On Equity Analysis
Sparton 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 Sparton Resources Return On Equity | -0.28 |
Most of Sparton 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, Sparton Resources 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, Sparton Resources has a Return On Equity of -0.2803. This is 130.8% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 9.58% lower than that of the firm.
Sparton Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sparton Resources's current stock value. Our valuation model uses many indicators to compare Sparton Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparton Resources competition to find correlations between indicators driving Sparton Resources's intrinsic value. More Info.Sparton Resources is rated below average in return on equity category among its peers. It 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 Sparton Resources' earnings, one of the primary drivers of an investment's value.About Sparton Resources Financial Statements
Sparton Resources stakeholders use historical fundamental indicators, such as Sparton Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Sparton Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sparton Resources' assets and liabilities are reflected in the revenues and expenses on Sparton 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 Sparton Resources. Please read more on our technical analysis and fundamental analysis pages.
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. The company also has interest in Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia and engages in the vanadium redox flow battery business. SPARTON RESOURCE operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Other Information on Investing in Sparton Pink Sheet
Sparton Resources financial ratios help investors to determine whether Sparton 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 Sparton with respect to the benefits of owning Sparton Resources security.