Cantex Mine Development Stock Return On Asset

CTXDF Stock  USD 0.07  0.01  8.71%   
Cantex Mine Development fundamentals help investors to digest information that contributes to Cantex Mine's financial success or failures. It also enables traders to predict the movement of Cantex OTC Stock. The fundamental analysis module provides a way to measure Cantex Mine'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 Cantex Mine otc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cantex Mine Development OTC Stock Return On Asset Analysis

Cantex Mine'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Cantex Mine Return On Asset

    
  -1.66  
Most of Cantex Mine'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, Cantex Mine Development 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

Based on the latest financial disclosure, Cantex Mine Development has a Return On Asset of -1.6609. This is 324.45% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.

Cantex Return On Asset Peer Comparison

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

Cantex Fundamentals

About Cantex Mine Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cantex Mine Development's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cantex Mine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cantex Mine Development based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Cantex OTC Stock

Cantex Mine financial ratios help investors to determine whether Cantex OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cantex with respect to the benefits of owning Cantex Mine security.