Nobel29 Resources Corp Stock Net Income
| NBLC Stock | CAD 0.10 0.01 5.26% |
Fundamental analysis of Nobel29 Resources allows traders to better anticipate movements in Nobel29 Resources' stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -898.7 K | -943.6 K | |
| Net Loss | -898.7 K | -943.6 K | |
| Net Loss | -9.5 M | -10 M | |
| Net Loss | (0.01) | (0.01) |
Nobel29 | Net Income |
Nobel29 Resources Corp Company Net Income Analysis
Nobel29 Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Nobel29 Resources Net Income | (781.46 K) |
Most of Nobel29 Resources' fundamental indicators, such as Net Income, 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, Nobel29 Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nobel29 Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Nobel29 Resources is extremely important. It helps to project a fair market value of Nobel29 Stock properly, considering its historical fundamentals such as Net Income. Since Nobel29 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 Nobel29 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 Nobel29 Resources' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Nobel29 Operating Income
Operating Income |
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Based on the recorded statements, Nobel29 Resources Corp reported net income of (781,461). This is 93.51% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 100.14% higher than that of the company.
Nobel29 Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nobel29 Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nobel29 Resources could also be used in its relative valuation, which is a method of valuing Nobel29 Resources by comparing valuation metrics of similar companies.Nobel29 Resources is currently under evaluation in net income category among its peers.
Nobel29 Fundamentals
| Return On Equity | -4.97 | ||||
| Return On Asset | -8.87 | ||||
| Current Valuation | 16.16 M | ||||
| Shares Outstanding | 104.98 M | ||||
| Shares Owned By Insiders | 4.51 % | ||||
| Number Of Shares Shorted | 2.09 K | ||||
| Price To Book | 9.23 X | ||||
| EBITDA | (3.3 M) | ||||
| Net Income | (781.46 K) | ||||
| Total Debt | 625.36 K | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (1.01 M) | ||||
| Short Ratio | 0.01 X | ||||
| Beta | 0.062 | ||||
| Market Capitalization | 16.17 M | ||||
| Total Asset | 572.93 K | ||||
| Retained Earnings | (18.84 M) | ||||
| Working Capital | (52.43 K) | ||||
| Net Asset | 572.93 K |
About Nobel29 Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nobel29 Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nobel29 Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nobel29 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.
Please read more on our fundamental analysis page.
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Additional Tools for Nobel29 Stock Analysis
When running Nobel29 Resources' price analysis, check to measure Nobel29 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 Nobel29 Resources is operating at the current time. Most of Nobel29 Resources' value examination focuses on studying past and present price action to predict the probability of Nobel29 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel29 Resources' price. Additionally, you may evaluate how the addition of Nobel29 Resources to your portfolios can decrease your overall portfolio volatility.