True Financial Statements From 2010 to 2025

TNGMF Stock  USD 0.10  0.00  0.00%   
True North's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing True North's valuation are provided below:
True North Gems does not presently have any fundamental trend indicators for analysis.
Check True North financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among True North's main balance sheet or income statement drivers, such as , as well as many indicators such as . True financial statements analysis is a perfect complement when working with True North Valuation or Volatility modules.
  
This module can also supplement various True North Technical models . Check out the analysis of True North Correlation against competitors.

True North Gems Company Return On Asset Analysis

True North's 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current True North Return On Asset

    
  -0.17  
Most of True North's 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, True North Gems 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.
Competition

Based on the latest financial disclosure, True North Gems has a Return On Asset of -0.1742. This is 123.54% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all United States stocks is 24.43% higher than that of the company.

True North Gems Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining True North's current stock value. Our valuation model uses many indicators to compare True North value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across True North competition to find correlations between indicators driving True North's intrinsic value. More Info.
True North Gems is rated below average in return on asset category among its peers. It is rated below average 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 True North's earnings, one of the primary drivers of an investment's value.

About True North Financial Statements

True North stakeholders use historical fundamental indicators, such as True North's revenue or net income, to determine how well the company is positioned to perform in the future. Although True North investors may analyze each financial statement separately, they are all interrelated. For example, changes in True North's assets and liabilities are reflected in the revenues and expenses on True North'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 True North Gems. Please read more on our technical analysis and fundamental analysis pages.
True North Gems Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company was incorporated in 2001 and is based in Vancouver, Canada. True North is traded on OTC Exchange in the United States.

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Other Information on Investing in True Pink Sheet

True North financial ratios help investors to determine whether True 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 True with respect to the benefits of owning True North security.