C29 Metals Stock Return On Asset
| C29 Stock | 0.12 0.01 9.09% |
C29 Metals fundamentals help investors to digest information that contributes to C29 Metals' financial success or failures. It also enables traders to predict the movement of C29 Stock. The fundamental analysis module provides a way to measure C29 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 C29 Metals stock.
C29 | Return On Asset |
C29 Metals Company Return On Asset Analysis
C29 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.
Current C29 Metals Return On Asset | -0.33 |
Most of C29 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, C29 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 |
C29 Total Assets
Total Assets |
|
Based on the latest financial disclosure, C29 Metals has a Return On Asset of -0.3342. This is 145.16% 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 138.71% higher than that of the company.
C29 Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses C29 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 C29 Metals could also be used in its relative valuation, which is a method of valuing C29 Metals by comparing valuation metrics of similar companies.C29 Metals is currently under evaluation in return on asset category among its peers.
C29 Fundamentals
| Return On Equity | -0.57 | ||||
| Return On Asset | -0.33 | ||||
| Operating Margin | 427.58 % | ||||
| Current Valuation | 18.69 M | ||||
| Shares Outstanding | 174.19 M | ||||
| Shares Owned By Insiders | 16.83 % | ||||
| Price To Book | 2.81 X | ||||
| Price To Sales | 177.34 X | ||||
| Revenue | (300) | ||||
| Gross Profit | 20.07 K | ||||
| EBITDA | (1.28 M) | ||||
| Net Income | (3.42 M) | ||||
| Cash And Equivalents | 3.14 M | ||||
| Total Debt | 15.47 K | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (1.44 M) | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | 0.95 | ||||
| Market Capitalization | 20.9 M | ||||
| Total Asset | 7.67 M | ||||
| Retained Earnings | (7.12 M) | ||||
| Working Capital | 968.95 K | ||||
| Net Asset | 7.67 M |
About C29 Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze C29 Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of C29 Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of C29 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
Explore Investment Opportunities
Additional Tools for C29 Stock Analysis
When running C29 Metals' price analysis, check to measure C29 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 C29 Metals is operating at the current time. Most of C29 Metals' value examination focuses on studying past and present price action to predict the probability of C29 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C29 Metals' price. Additionally, you may evaluate how the addition of C29 Metals to your portfolios can decrease your overall portfolio volatility.