North Arrow Minerals Stock Fundamentals
| NAR Stock | CAD 0.14 0.01 7.69% |
North Arrow Minerals fundamentals help investors to digest information that contributes to North Arrow's financial success or failures. It also enables traders to predict the movement of North Stock. The fundamental analysis module provides a way to measure North Arrow'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 North Arrow stock.
At this time, North Arrow's Total Other Income Expense Net is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 44.6 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 1 M in 2024. North | Select Account or Indicator |
North Arrow Minerals Company Return On Equity Analysis
North Arrow's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current North Arrow Return On Equity | 0.0381 |
Most of North Arrow's fundamental indicators, such as Return On Equity, 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, North Arrow Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
North Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for North Arrow is extremely important. It helps to project a fair market value of North Stock properly, considering its historical fundamentals such as Return On Equity. Since North Arrow'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 North Arrow'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 North Arrow's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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North Total Stockholder Equity
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Based on the latest financial disclosure, North Arrow Minerals has a Return On Equity of 0.0381. This is 95.81% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on equity for all Canada stocks is 112.29% lower than that of the firm.
North Arrow Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining North Arrow's current stock value. Our valuation model uses many indicators to compare North Arrow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across North Arrow competition to find correlations between indicators driving North Arrow's intrinsic value. More Info.North Arrow Minerals is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, North Arrow's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the North Arrow's earnings, one of the primary drivers of an investment's value.North Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses North Arrow's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of North Arrow could also be used in its relative valuation, which is a method of valuing North Arrow by comparing valuation metrics of similar companies.North Arrow is currently under evaluation in return on equity category among its peers.
North Fundamentals
| Return On Equity | 0.0381 | |||
| Return On Asset | -0.0332 | |||
| Current Valuation | 2.85 M | |||
| Shares Outstanding | 28.58 M | |||
| Shares Owned By Insiders | 17.57 % | |||
| Number Of Shares Shorted | 80 | |||
| Price To Earning | (26.11) X | |||
| Price To Book | 0.23 X | |||
| Gross Profit | (64.77 K) | |||
| EBITDA | (1.31 M) | |||
| Net Income | (907.6 K) | |||
| Cash And Equivalents | 2.39 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 571.99 K | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 0.99 X | |||
| Book Value Per Share | 1.02 X | |||
| Cash Flow From Operations | (883.31 K) | |||
| Short Ratio | 0.01 X | |||
| Earnings Per Share | 6.90 X | |||
| Beta | 3.11 | |||
| Market Capitalization | 3.86 M | |||
| Total Asset | 17.9 M | |||
| Retained Earnings | (30.44 M) | |||
| Working Capital | (487.69 K) | |||
| Net Asset | 17.9 M |
About North Arrow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze North Arrow Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North Arrow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North Arrow Minerals 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 36.5 K | 25.8 K | |
| Cost Of Revenue | 42 K | 44.6 K |
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Additional Tools for North Stock Analysis
When running North Arrow's price analysis, check to measure North Arrow'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 North Arrow is operating at the current time. Most of North Arrow's value examination focuses on studying past and present price action to predict the probability of North Arrow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Arrow's price. Additionally, you may evaluate how the addition of North Arrow to your portfolios can decrease your overall portfolio volatility.