Nevada King Gold Stock Fundamentals
| NKGFF Stock | USD 0.21 0.01 4.55% |
Nevada King Gold fundamentals help investors to digest information that contributes to Nevada King's financial success or failures. It also enables traders to predict the movement of Nevada Pink Sheet. The fundamental analysis module provides a way to measure Nevada King'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 Nevada King pink sheet.
Nevada |
Nevada King Gold Company Return On Equity Analysis
Nevada King'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 Nevada King Return On Equity | -0.17 |
Most of Nevada King'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, Nevada King Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Nevada King Gold has a Return On Equity of -0.1691. This is 118.58% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 45.45% lower than that of the firm.
Nevada King Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nevada King's current stock value. Our valuation model uses many indicators to compare Nevada King value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nevada King competition to find correlations between indicators driving Nevada King's intrinsic value. More Info.Nevada King Gold is regarded fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Nevada King's earnings, one of the primary drivers of an investment's value.Nevada Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nevada King's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nevada King could also be used in its relative valuation, which is a method of valuing Nevada King by comparing valuation metrics of similar companies.Nevada King is currently under evaluation in return on equity category among its peers.
Nevada Fundamentals
| Return On Equity | -0.17 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 45.7 M | |||
| Shares Outstanding | 278.58 M | |||
| Shares Owned By Insiders | 20.13 % | |||
| Price To Book | 0.88 X | |||
| EBITDA | (2.77 M) | |||
| Net Income | (9.82 M) | |||
| Cash And Equivalents | 24.53 M | |||
| Cash Per Share | 0.09 X | |||
| Current Ratio | 25.52 X | |||
| Book Value Per Share | 0.32 X | |||
| Cash Flow From Operations | (2.86 M) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 1.61 | |||
| Market Capitalization | 75.07 M | |||
| Total Asset | 74.75 M | |||
| Net Asset | 74.75 M |
About Nevada King Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nevada King Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nevada King using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nevada King 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.Nevada King Gold Corp engages in the acquisition, exploration, and evaluation of resource properties in Nevada. The company was formerly known as Victory Metals Inc. and changed its name to Nevada King Gold Corp in April 2021. Nevada King is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin | |
| ADA | Cardano | |
| XRP | XRP |
Other Information on Investing in Nevada Pink Sheet
Nevada King financial ratios help investors to determine whether Nevada Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nevada with respect to the benefits of owning Nevada King security.