Lithiumbank Resources Corp Stock Return On Asset
| LBNK Stock | 0.28 0.02 6.67% |
LithiumBank Resources Corp fundamentals help investors to digest information that contributes to LithiumBank Resources' financial success or failures. It also enables traders to predict the movement of LithiumBank Stock. The fundamental analysis module provides a way to measure LithiumBank 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 LithiumBank Resources stock.
Return On Assets is likely to drop to -0.76 in 2024. LithiumBank | Return On Asset |
LithiumBank Resources Corp Company Return On Asset Analysis
LithiumBank 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.
LithiumBank Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for LithiumBank Resources is extremely important. It helps to project a fair market value of LithiumBank Stock properly, considering its historical fundamentals such as Return On Asset. Since LithiumBank Resources' 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 LithiumBank Resources' 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 LithiumBank Resources' 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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LithiumBank Total Assets
Total Assets |
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Based on the latest financial disclosure, LithiumBank Resources Corp has a Return On Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The return on asset for all Canada stocks is 100.0% lower than that of the firm.
LithiumBank Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LithiumBank Resources' 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 LithiumBank Resources could also be used in its relative valuation, which is a method of valuing LithiumBank Resources by comparing valuation metrics of similar companies.LithiumBank Resources is currently under evaluation in return on asset category among its peers.
LithiumBank Fundamentals
| Current Valuation | 5.77 M | ||||
| Shares Outstanding | 49.88 M | ||||
| Shares Owned By Insiders | 14.61 % | ||||
| Shares Owned By Institutions | 0.37 % | ||||
| Number Of Shares Shorted | 37.22 K | ||||
| Price To Book | 0.92 X | ||||
| EBITDA | (3.47 M) | ||||
| Net Income | (6.97 M) | ||||
| Total Debt | 600 K | ||||
| Cash Flow From Operations | (4.38 M) | ||||
| Short Ratio | 0.38 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 3.5 | ||||
| Market Capitalization | 13.97 M | ||||
| Total Asset | 11.03 M | ||||
| Retained Earnings | (16.74 M) | ||||
| Working Capital | 6.25 M | ||||
| Net Asset | 11.03 M |
About LithiumBank Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LithiumBank Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LithiumBank Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LithiumBank Resources 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.
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Additional Tools for LithiumBank Stock Analysis
When running LithiumBank Resources' price analysis, check to measure LithiumBank Resources' 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 LithiumBank Resources is operating at the current time. Most of LithiumBank Resources' value examination focuses on studying past and present price action to predict the probability of LithiumBank Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LithiumBank Resources' price. Additionally, you may evaluate how the addition of LithiumBank Resources to your portfolios can decrease your overall portfolio volatility.