Klondike Gold Corp Stock Return On Asset
| KG Stock | CAD 0.07 0.01 7.14% |
Klondike Gold Corp fundamentals help investors to digest information that contributes to Klondike Gold's financial success or failures. It also enables traders to predict the movement of Klondike Stock. The fundamental analysis module provides a way to measure Klondike Gold'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 Klondike Gold stock.
Return On Assets is likely to drop to -0.03 in 2024. Klondike | Return On Asset |
Klondike Gold Corp Company Return On Asset Analysis
Klondike Gold'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 Klondike Gold Return On Asset | -0.016 |
Most of Klondike Gold'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, Klondike Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Klondike Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Klondike Gold is extremely important. It helps to project a fair market value of Klondike Stock properly, considering its historical fundamentals such as Return On Asset. Since Klondike Gold'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 Klondike Gold'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 Klondike Gold's interrelated accounts and indicators.
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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.
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Klondike Total Assets
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Based on the latest financial disclosure, Klondike Gold Corp has a Return On Asset of -0.016. This is 102.16% lower than that of the Metals & Mining sector and 46.67% lower than that of the Materials industry. The return on asset for all Canada stocks is 88.57% lower than that of the firm.
Klondike Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Klondike Gold'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 Klondike Gold could also be used in its relative valuation, which is a method of valuing Klondike Gold by comparing valuation metrics of similar companies.Klondike Gold is currently under evaluation in return on asset category among its peers.
Klondike Fundamentals
| Return On Equity | -0.023 | ||||
| Return On Asset | -0.016 | ||||
| Current Valuation | 13.3 M | ||||
| Shares Outstanding | 206.97 M | ||||
| Shares Owned By Insiders | 10.90 % | ||||
| Shares Owned By Institutions | 0.89 % | ||||
| Number Of Shares Shorted | 10.62 K | ||||
| Price To Earning | (28.89) X | ||||
| Price To Book | 0.42 X | ||||
| EBITDA | (964.8 K) | ||||
| Net Income | (845.96 K) | ||||
| Cash And Equivalents | 2.86 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 160.46 K | ||||
| Debt To Equity | 3.40 % | ||||
| Current Ratio | 5.64 X | ||||
| Book Value Per Share | 0.16 X | ||||
| Cash Flow From Operations | (698.82 K) | ||||
| Short Ratio | 0.31 X | ||||
| Target Price | 0.75 | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 13.45 M | ||||
| Total Asset | 31.64 M | ||||
| Retained Earnings | (64.62 M) | ||||
| Working Capital | 754.65 K | ||||
| Net Asset | 31.64 M |
About Klondike Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Klondike Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Klondike Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Klondike Gold Corp 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 Klondike Stock Analysis
When running Klondike Gold's price analysis, check to measure Klondike Gold'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 Klondike Gold is operating at the current time. Most of Klondike Gold's value examination focuses on studying past and present price action to predict the probability of Klondike Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Klondike Gold's price. Additionally, you may evaluate how the addition of Klondike Gold to your portfolios can decrease your overall portfolio volatility.