North Springs Resources Stock Return On Asset
| 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.
Return On Assets is likely to drop to -0.23 in 2024. North | Return On Asset |
North Springs Resources Company Return On Asset Analysis
North Springs' 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.
Current North Springs Return On Asset | -0.15 |
Most of North Springs' fundamental indicators, such as Return On Asset, 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 Asset 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 Asset. 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.
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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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North Total Assets
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Based on the latest financial disclosure, North Springs Resources has a Return On Asset of -0.1537. This is 98.24% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all United States stocks is 9.79% higher than that of the company.
North Return On Asset 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 Asset 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 asset category among its peers.
North Fundamentals
| Return On Equity | -1.98 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 1.65 M | |||
| Shares Outstanding | 359.02 M | |||
| Price To Book | 8.51 X | |||
| EBITDA | (7.8 K) | |||
| Net Income | (7.8 K) | |||
| Cash And Equivalents | 560 | |||
| Total Debt | 945.29 K | |||
| Debt To Equity | 226.40 % | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.01) X | |||
| Beta | 2.64 | |||
| Market Capitalization | 1.51 M | |||
| Total Asset | 31.72 K | |||
| Retained Earnings | (1.6 M) | |||
| Working Capital | (827.97 K) | |||
| Current Asset | 16 K | |||
| Current Liabilities | 631 K | |||
| Net Asset | 31.72 K |
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.