North Springs Resources Stock Fundamentals

NSRS Stock  USD 0.0001  0.00  0.00%   
North Springs Resources fundamentals help investors to digest information that contributes to North Springs' 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 Springs' 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 Springs stock.
Total Operating Expenses is likely to gain to about 14 K in 2024, whereas Selling General Administrative is likely to drop 8,522 in 2024.
  
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North Springs Resources Company Return On Equity Analysis

North Springs' 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current North Springs Return On Equity

    
  -1.98  
Most of North Springs' 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 Springs Resources 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 Springs 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 Springs' 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 Springs' 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 Springs' interrelated accounts and indicators.
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

North Total Stockholder Equity

Total Stockholder Equity

(781,107)

At this time, North Springs' Total Stockholder Equity is comparatively stable compared to the past year.
Based on the latest financial disclosure, North Springs Resources has a Return On Equity of -1.9796. This is 91.74% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all United States stocks is notably higher than that of the company.

North Springs Resources Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining North Springs's current stock value. Our valuation model uses many indicators to compare North Springs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across North Springs competition to find correlations between indicators driving North Springs's intrinsic value. More Info.
North Springs Resources 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 Springs' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value North Springs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

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 Springs' 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 Springs could also be used in its relative valuation, which is a method of valuing North Springs by comparing valuation metrics of similar companies.
North Springs is currently under evaluation in return on equity category among its peers.

North Fundamentals

About North Springs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze North Springs Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North Springs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North Springs Resources 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 North Stock Analysis

When running North Springs' price analysis, check to measure North Springs' 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 Springs is operating at the current time. Most of North Springs' value examination focuses on studying past and present price action to predict the probability of North Springs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Springs' price. Additionally, you may evaluate how the addition of North Springs to your portfolios can decrease your overall portfolio volatility.