Torex Financial Statements From 2010 to 2024
| TORXF Stock | USD 21.10 0.75 3.69% |
Check Torex Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Torex Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Torex financial statements analysis is a perfect complement when working with Torex Gold Valuation or Volatility modules.
Torex |
Torex Gold Resources Company Return On Equity Analysis
Torex 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.
Current Torex Gold Return On Equity | 0.13 |
Most of Torex 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, Torex Gold 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, Torex Gold Resources has a Return On Equity of 0.1305. This is 85.66% lower than that of the Metals & Mining sector and 30.5% higher than that of the Materials industry. The return on equity for all United States stocks is 142.1% lower than that of the firm.
Torex Gold Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Torex Gold's current stock value. Our valuation model uses many indicators to compare Torex Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Torex Gold competition to find correlations between indicators driving Torex Gold's intrinsic value. More Info.Torex Gold Resources 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 1.01 of Return On Asset per Return On Equity. 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 Torex Gold's earnings, one of the primary drivers of an investment's value.About Torex Gold Financial Statements
Torex Gold stakeholders use historical fundamental indicators, such as Torex Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Torex Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Torex Gold's assets and liabilities are reflected in the revenues and expenses on Torex 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 Torex Gold Resources. Please read more on our technical analysis and fundamental analysis pages.
Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. Torex Gold Resources Inc. was incorporated in 1980 and is headquartered in Toronto, Canada. Torex Gold operates under Gold classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Torex Pink Sheet
Torex Gold financial ratios help investors to determine whether Torex 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 Torex with respect to the benefits of owning Torex Gold security.