Gold79 Mines Stock Return On Asset
| AUU Stock | CAD 0.30 0.02 6.25% |
Gold79 Mines fundamentals help investors to digest information that contributes to Gold79 Mines' financial success or failures. It also enables traders to predict the movement of Gold79 Stock. The fundamental analysis module provides a way to measure Gold79 Mines' 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 Gold79 Mines stock.
Return On Assets is likely to drop to -0.09 in 2024. Gold79 | Return On Asset |
Gold79 Mines Company Return On Asset Analysis
Gold79 Mines' 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 Gold79 Mines Return On Asset | -0.045 |
Most of Gold79 Mines' 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, Gold79 Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gold79 Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Gold79 Mines is extremely important. It helps to project a fair market value of Gold79 Stock properly, considering its historical fundamentals such as Return On Asset. Since Gold79 Mines' 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 Gold79 Mines' 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 Gold79 Mines' 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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Gold79 Total Assets
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Based on the latest financial disclosure, Gold79 Mines has a Return On Asset of -0.045. This is 106.08% lower than that of the Metals & Mining sector and 99.23% lower than that of the Materials industry. The return on asset for all Canada stocks is 67.86% lower than that of the firm.
Gold79 Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gold79 Mines' 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 Gold79 Mines could also be used in its relative valuation, which is a method of valuing Gold79 Mines by comparing valuation metrics of similar companies.Gold79 Mines is currently under evaluation in return on asset category among its peers.
Gold79 Fundamentals
| Return On Equity | -0.0824 | ||||
| Return On Asset | -0.045 | ||||
| Current Valuation | 9.38 M | ||||
| Shares Outstanding | 31.07 M | ||||
| Shares Owned By Insiders | 8.48 % | ||||
| Shares Owned By Institutions | 1.91 % | ||||
| Number Of Shares Shorted | 24 | ||||
| Price To Earning | (35.00) X | ||||
| Price To Book | 1.29 X | ||||
| Gross Profit | (960) | ||||
| EBITDA | (656.52 K) | ||||
| Net Income | (420.38 K) | ||||
| Cash And Equivalents | 150.42 K | ||||
| Total Debt | 195.83 K | ||||
| Current Ratio | 0.45 X | ||||
| Book Value Per Share | 0.23 X | ||||
| Cash Flow From Operations | (270.23 K) | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 2.15 | ||||
| Market Capitalization | 9.32 M | ||||
| Total Asset | 5.07 M | ||||
| Retained Earnings | (20.94 M) | ||||
| Working Capital | (65.55 K) | ||||
| Net Asset | 5.07 M |
About Gold79 Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gold79 Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gold79 Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gold79 Mines 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 Gold79 Stock Analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.