Banyan Gold Corp Stock Return On Equity

BYN Stock  CAD 0.21  0.02  8.70%   
Banyan Gold Corp fundamentals help investors to digest information that contributes to Banyan Gold's financial success or failures. It also enables traders to predict the movement of Banyan Stock. The fundamental analysis module provides a way to measure Banyan 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 Banyan Gold stock.
Last ReportedProjected for Next Year
Return On Equity 0.01  0.01 
Return On Equity is likely to climb to 0.01 in 2024.
  
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Banyan Gold Corp Company Return On Equity Analysis

Banyan 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Banyan Gold Return On Equity

    
  -0.011  
Most of Banyan 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, Banyan Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Banyan Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Banyan Gold is extremely important. It helps to project a fair market value of Banyan Stock properly, considering its historical fundamentals such as Return On Equity. Since Banyan Gold'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 Banyan Gold'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 Banyan Gold's interrelated accounts and indicators.
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.
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Banyan Total Stockholder Equity

Total Stockholder Equity

59.12 Million

At this time, Banyan Gold's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Banyan Gold Corp has a Return On Equity of -0.011. This is 101.21% lower than that of the Metals & Mining sector and 111.0% lower than that of the Materials industry. The return on equity for all Canada stocks is 96.45% lower than that of the firm.

Banyan Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Banyan Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Banyan Gold could also be used in its relative valuation, which is a method of valuing Banyan Gold by comparing valuation metrics of similar companies.
Banyan Gold is currently under evaluation in return on equity category among its peers.

Banyan Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Banyan Gold from analyzing Banyan Gold's financial statements. These drivers represent accounts that assess Banyan Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Banyan Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.9M4.7M41.8M47.7M42.9M45.1M
Enterprise Value3.4M4.4M36.5M33.3M30.0M31.5M

Banyan Fundamentals

About Banyan Gold Fundamental Analysis

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

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 Banyan Stock Analysis

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