Highway 50 Gold Stock Return On Asset
| HWY Stock | CAD 0.20 0.00 0.00% |
Highway 50 Gold fundamentals help investors to digest information that contributes to Highway 50's financial success or failures. It also enables traders to predict the movement of Highway Stock. The fundamental analysis module provides a way to measure Highway 50'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 Highway 50 stock.
Highway |
Highway 50 Gold Company Return On Asset Analysis
Highway 50'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.
Current Highway 50 Return On Asset | -0.76 |
Most of Highway 50'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, Highway 50 Gold 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, Highway 50 Gold has a Return On Asset of -0.7619. This is 202.96% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
Highway Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highway 50'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 Highway 50 could also be used in its relative valuation, which is a method of valuing Highway 50 by comparing valuation metrics of similar companies.Highway 50 is currently under evaluation in return on asset category among its peers.
Highway Fundamentals
| Return On Equity | -1.47 | |||
| Return On Asset | -0.76 | |||
| Current Valuation | 9.64 M | |||
| Shares Outstanding | 46.14 M | |||
| Shares Owned By Insiders | 25.32 % | |||
| Number Of Shares Shorted | 155 | |||
| Price To Earning | (22.50) X | |||
| Price To Book | 12.04 X | |||
| Price To Sales | 3,876 X | |||
| EBITDA | (191.03 K) | |||
| Net Income | (4.32 M) | |||
| Cash And Equivalents | 225.12 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 384.32 K | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 2.84 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (213.75 K) | |||
| Short Ratio | 0.01 X | |||
| Earnings Per Share | (0.09) X | |||
| Beta | 0.042 | |||
| Market Capitalization | 9.23 M | |||
| Total Asset | 1.25 M | |||
| Retained Earnings | (11.85 M) | |||
| Working Capital | (250.25 K) | |||
| Net Asset | 1.25 M |
About Highway 50 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Highway 50 Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highway 50 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highway 50 Gold 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.
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Additional Tools for Highway Stock Analysis
When running Highway 50's price analysis, check to measure Highway 50'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 Highway 50 is operating at the current time. Most of Highway 50's value examination focuses on studying past and present price action to predict the probability of Highway 50's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway 50's price. Additionally, you may evaluate how the addition of Highway 50 to your portfolios can decrease your overall portfolio volatility.