Anax Metals Stock Return On Asset

ANX Stock   0.01  0.0005  4.76%   
Anax Metals fundamentals help investors to digest information that contributes to Anax Metals' financial success or failures. It also enables traders to predict the movement of Anax Stock. The fundamental analysis module provides a way to measure Anax Metals' 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 Anax Metals stock.
  
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Anax Metals Company Return On Asset Analysis

Anax Metals' 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.

Return On Asset

 = 

Net Income

Total Assets

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Current Anax Metals Return On Asset

    
  -0.0438  
Most of Anax Metals' 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, Anax Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Anax Total Assets

Total Assets

45.44 Million

At this time, Anax Metals' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Anax Metals has a Return On Asset of -0.0438. This is 105.92% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all Australia stocks is 68.71% lower than that of the firm.

Anax Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Anax Metals' 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 Anax Metals could also be used in its relative valuation, which is a method of valuing Anax Metals by comparing valuation metrics of similar companies.
Anax Metals is currently under evaluation in return on asset category among its peers.

Anax Fundamentals

About Anax Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Anax Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anax Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anax Metals 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Anax Stock Analysis

When running Anax Metals' price analysis, check to measure Anax Metals' 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 Anax Metals is operating at the current time. Most of Anax Metals' value examination focuses on studying past and present price action to predict the probability of Anax Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anax Metals' price. Additionally, you may evaluate how the addition of Anax Metals to your portfolios can decrease your overall portfolio volatility.