| ROK Stock | | | CAD 0.18 0.01 5.88% |
Director
Peter Yates is Corporate Director of ROK Resources
| Age | 51 |
| Address | 1911 Broad Street, Regina, SK, Canada, S4P 1Y1 |
| Phone | 306 522 0011 |
| Web | https://rokresources.ca |
ROK Resources Management Efficiency
The company has return on total asset
(ROA) of
(0.0336) % which means that it has lost $0.0336 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1587) %, meaning that it generated substantial loss on money invested by shareholders. ROK Resources' management efficiency ratios could be used to measure how well ROK Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.07 in 2024.
Return On Capital Employed is likely to drop to -0.04 in 2024. At this time, ROK Resources'
Total Assets are fairly stable compared to the past year.
Non Current Assets Total is likely to climb to about 154.5
M in 2024, whereas
Other Assets are likely to drop slightly above 341.8
K in 2024.
ROK Resources has accumulated 63.64
M in total debt. ROK Resources has a current ratio of 4.45, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist ROK Resources until it has trouble settling it off, either with new capital or with free cash flow. So, ROK Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ROK Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ROK to invest in growth at high rates of return. When we think about ROK Resources' use of debt, we should always consider it together with cash and equity.
ROK Resources Inc. engages in engages in oil and gas exploration and development activities in Saskatchewa. ROK Resources Inc. was incorporated in 2020 and is headquartered in Regina, Canada. ROK RESOURCES operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange. ROK Resources (ROK) is traded on TSX Venture Exchange in Canada and employs 4 people. ROK Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.
Management Performance
ROK Resources Leadership Team
Elected by the shareholders, the ROK Resources' board of directors comprises two types of representatives: ROK Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ROK. The board's role is to monitor ROK Resources' management team and ensure that shareholders' interests are well served. ROK Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ROK Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
ROK Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ROK Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for ROK Stock Analysis
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measure ROK 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 ROK Resources is operating at the current time. Most of ROK Resources' value examination focuses on studying past and present price action to
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