Sparton Financial Statements From 2010 to 2026
| SRI Stock | CAD 0.03 0.00 0.00% |
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 | -0.0317 |
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 -0.0317. This is 103.48% lower than that of the Metals & Mining sector and 106.6% lower than that of the Materials industry. The return on equity for all Canada stocks is 89.77% 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 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 Sparton Resources' earnings, one of the primary drivers of an investment's value.About Sparton Resources Financial Statements
Sparton Resources investors 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. Understanding over-time patterns can help investors decide on long-term investments 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 and China. The companys projects include the Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia and the VanSpar vanadium and battery commissioning projects in China. SPARTON RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Sparton Stock Analysis
When running Sparton Resources' price analysis, check to measure Sparton Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sparton Resources is operating at the current time. Most of Sparton Resources' value examination focuses on studying past and present price action to predict the probability of Sparton Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparton Resources' price. Additionally, you may evaluate how the addition of Sparton Resources to your portfolios can decrease your overall portfolio volatility.