Tower Financial Statements From 2010 to 2024
| TWRFF Stock | USD 0.09 0 1.62% |
Check Tower Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tower Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tower financial statements analysis is a perfect complement when working with Tower Resources Valuation or Volatility modules.
Tower |
Tower Resources Company Return On Equity Analysis
Tower 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 Tower Resources Return On Equity | -0.0513 |
Most of Tower 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, Tower 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, Tower Resources has a Return On Equity of -0.0513. This is 105.64% 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 83.45% lower than that of the firm.
Tower Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tower Resources's current stock value. Our valuation model uses many indicators to compare Tower Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tower Resources competition to find correlations between indicators driving Tower Resources's intrinsic value. More Info.Tower 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 . 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 Tower Resources' earnings, one of the primary drivers of an investment's value.About Tower Resources Financial Statements
Tower Resources stakeholders use historical fundamental indicators, such as Tower Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Tower Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tower Resources' assets and liabilities are reflected in the revenues and expenses on Tower 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 Tower Resources. Please read more on our technical analysis and fundamental analysis pages.
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. Tower Resources Ltd. was incorporated in 1988 and is headquartered in Squamish, Canada. TOWER RESOURCES is traded on OTC Exchange in the United States.
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Other Information on Investing in Tower Pink Sheet
Tower Resources financial ratios help investors to determine whether Tower 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 Tower with respect to the benefits of owning Tower Resources security.