Hillgrove Resources Limited Stock Return On Asset

HLGVF Stock  USD 0.06  0.00  0.00%   
Hillgrove Resources Limited fundamentals help investors to digest information that contributes to Hillgrove Resources' financial success or failures. It also enables traders to predict the movement of Hillgrove Pink Sheet. The fundamental analysis module provides a way to measure Hillgrove Resources' 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 Hillgrove Resources pink sheet.
  
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Hillgrove Resources Limited Company Return On Asset Analysis

Hillgrove Resources' 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 Hillgrove Resources Return On Asset

    
  -0.0715  
Most of Hillgrove Resources' 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, Hillgrove Resources Limited 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, Hillgrove Resources Limited has a Return On Asset of -0.0715. This is much lower than that of the sector and significantly lower than that of the Return On Asset industry. The return on asset for all United States stocks is notably higher than that of the company.

Hillgrove Return On Asset Peer Comparison

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

Hillgrove Fundamentals

About Hillgrove Resources Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Hillgrove Pink Sheet

Hillgrove Resources financial ratios help investors to determine whether Hillgrove Pink Sheet 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 Hillgrove with respect to the benefits of owning Hillgrove Resources security.