Advance Gold Corp Stock Return On Equity
ADGCF Stock | USD 0.01 0.00 0.00% |
Advance Gold Corp fundamentals help investors to digest information that contributes to Advance Gold's financial success or failures. It also enables traders to predict the movement of Advance Pink Sheet. The fundamental analysis module provides a way to measure Advance Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advance Gold pink sheet.
Advance |
Advance Gold Corp Company Return On Equity Analysis
Advance 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 Advance Gold Return On Equity | -1.85 |
Most of Advance 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, Advance Gold Corp 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.
Competition |
Based on the latest financial disclosure, Advance Gold Corp has a Return On Equity of -1.8548. This is 303.82% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is notably higher than that of the company.
Advance Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advance Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Advance Gold could also be used in its relative valuation, which is a method of valuing Advance Gold by comparing valuation metrics of similar companies.Advance Gold is currently under evaluation in return on equity category among its peers.
Advance Fundamentals
Return On Equity | -1.85 | |||
Return On Asset | -0.91 | |||
Current Valuation | 1.2 M | |||
Shares Outstanding | 83.52 M | |||
Shares Owned By Insiders | 16.75 % | |||
Price To Book | 1.70 X | |||
EBITDA | (3.54 M) | |||
Net Income | (3.5 M) | |||
Cash And Equivalents | 4.38 K | |||
Total Debt | 92.08 K | |||
Debt To Equity | 0.24 % | |||
Current Ratio | 0.16 X | |||
Book Value Per Share | 0 X | |||
Cash Flow From Operations | (448.84 K) | |||
Earnings Per Share | (0.01) X | |||
Beta | 1.64 | |||
Market Capitalization | 1.98 M | |||
Total Asset | 871.84 K | |||
Z Score | -0.6 | |||
Net Asset | 871.84 K |
About Advance Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advance Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advance Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advance Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Advance Pink Sheet
Advance Gold financial ratios help investors to determine whether Advance 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 Advance with respect to the benefits of owning Advance Gold security.