Abacus Mining And Stock Return On Asset
| AME Stock | CAD 0.03 0.00 0.00% |
Abacus Mining and fundamentals help investors to digest information that contributes to Abacus Mining's financial success or failures. It also enables traders to predict the movement of Abacus Stock. The fundamental analysis module provides a way to measure Abacus Mining'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 Abacus Mining stock.
Return On Assets is likely to drop to -0.22 in 2024. Abacus | Return On Asset |
Abacus Mining and Company Return On Asset Analysis
Abacus Mining's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Abacus Mining Return On Asset | -0.0358 |
Most of Abacus Mining's fundamental indicators, such as Return On Asset, 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, Abacus Mining and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Abacus Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Abacus Mining is extremely important. It helps to project a fair market value of Abacus Stock properly, considering its historical fundamentals such as Return On Asset. Since Abacus Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Abacus Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Abacus Mining's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Abacus Total Assets
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Based on the latest financial disclosure, Abacus Mining and has a Return On Asset of -0.0358. This is 104.84% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all Canada stocks is 74.43% lower than that of the firm.
Abacus Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Abacus Mining's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Abacus Mining could also be used in its relative valuation, which is a method of valuing Abacus Mining by comparing valuation metrics of similar companies.Abacus Mining is currently under evaluation in return on asset category among its peers.
Abacus Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Abacus Mining from analyzing Abacus Mining's financial statements. These drivers represent accounts that assess Abacus Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Abacus Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.1M | 9.4M | 5.8M | 2.9M | 2.6M | 2.5M | |
| Enterprise Value | 24.1M | 28.0M | 27.7M | 27.1M | 24.4M | 12.9M |
Abacus Fundamentals
| Return On Asset | -0.0358 | ||||
| Current Valuation | 33.57 M | ||||
| Shares Outstanding | 149.11 M | ||||
| Shares Owned By Insiders | 6.77 % | ||||
| Number Of Shares Shorted | 1.86 K | ||||
| Price To Earning | (0.57) X | ||||
| Price To Book | 0.95 X | ||||
| EBITDA | (462.52 K) | ||||
| Net Income | (1.67 M) | ||||
| Cash And Equivalents | 1.12 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 27.51 M | ||||
| Debt To Equity | 138.50 % | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | (0.16) X | ||||
| Cash Flow From Operations | (424.6 K) | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 3.73 M | ||||
| Total Asset | 7.89 M | ||||
| Retained Earnings | (117.87 M) | ||||
| Working Capital | (27.67 M) | ||||
| Net Asset | 7.89 M |
About Abacus Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Abacus Mining and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abacus Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abacus Mining and 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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Additional Tools for Abacus Stock Analysis
When running Abacus Mining's price analysis, check to measure Abacus Mining's 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 Abacus Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.