Great Atlantic Resources Stock Return On Asset

GR Stock  CAD 0.07  0.01  8.33%   
Great Atlantic Resources fundamentals help investors to digest information that contributes to Great Atlantic's financial success or failures. It also enables traders to predict the movement of Great Stock. The fundamental analysis module provides a way to measure Great Atlantic'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 Great Atlantic stock.
Return On Assets is likely to drop to -6.69 in 2024.
  
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Great Atlantic Resources Company Return On Asset Analysis

Great Atlantic'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 Great Atlantic Return On Asset

    
  -1.27  
Most of Great Atlantic'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, Great Atlantic Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Great Return On Asset Driver Correlations

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

Great Total Assets

Total Assets

795,905

At this time, Great Atlantic's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Great Atlantic Resources has a Return On Asset of -1.2734. This is 272.08% lower than that of the Metals & Mining sector and 78.16% lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.

Great Return On Asset Peer Comparison

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

Great Fundamentals

About Great Atlantic Fundamental Analysis

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

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 Great Stock Analysis

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