Westward Financial Statements From 2010 to 2024
| WGLIF Stock | USD 0.05 0.0008 1.48% |
Check Westward Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westward Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Westward financial statements analysis is a perfect complement when working with Westward Gold Valuation or Volatility modules.
Westward |
Westward Gold OTC Stock Price To Book Analysis
Westward Gold's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Westward Gold Price To Book | 0.71 X |
Most of Westward Gold's fundamental indicators, such as Price To Book, 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, Westward Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Westward Gold has a Price To Book of 0.7053 times. This is 94.21% lower than that of the Basic Materials sector and 103.84% lower than that of the Gold industry. The price to book for all United States stocks is 92.58% higher than that of the company.
Westward Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westward Gold's current stock value. Our valuation model uses many indicators to compare Westward Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westward Gold competition to find correlations between indicators driving Westward Gold's intrinsic value. More Info.Westward Gold is rated third in return on equity category among its peers. It is rated third 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 Westward Gold's earnings, one of the primary drivers of an investment's value.About Westward Gold Financial Statements
Westward Gold stakeholders use historical fundamental indicators, such as Westward Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Westward Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Westward Gold's assets and liabilities are reflected in the revenues and expenses on Westward 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 Westward Gold. Please read more on our technical analysis and fundamental analysis pages.
Westward Gold Inc. operates as a mineral exploration company. Westward Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Westward Gold is traded on OTC Exchange in the United States.
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Other Information on Investing in Westward OTC Stock
Westward Gold financial ratios help investors to determine whether Westward OTC Stock 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 Westward with respect to the benefits of owning Westward Gold security.