Newport Gold Stock Fundamentals

NWPG Stock  USD 0  0  145.45%   
Newport Gold fundamentals help investors to digest information that contributes to Newport Gold's financial success or failures. It also enables traders to predict the movement of Newport Pink Sheet. The fundamental analysis module provides a way to measure Newport Gold'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 Newport Gold pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Newport Gold Company Return On Asset Analysis

Newport Gold's 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Newport Gold Return On Asset

    
  -2.37  
Most of Newport Gold's 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, Newport Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, Newport Gold has a Return On Asset of -2.3671. This is 419.88% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.

Newport Gold Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Newport Gold's current stock value. Our valuation model uses many indicators to compare Newport Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newport Gold competition to find correlations between indicators driving Newport Gold's intrinsic value. More Info.
Newport Gold is regarded second in return on asset category among its peers. It is regarded third in current valuation 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 Newport Gold's earnings, one of the primary drivers of an investment's value.

Newport Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newport Gold's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Newport Gold could also be used in its relative valuation, which is a method of valuing Newport Gold by comparing valuation metrics of similar companies.
Newport Gold is currently under evaluation in return on asset category among its peers.

Newport Fundamentals

About Newport Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Newport Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newport Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newport 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.
Newport Gold, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral and energy properties primarily in Canada. Newport Gold, Inc. was founded in 2003 and is headquartered in Collingwood, Canada. Newport Gold is traded on OTC Exchange in the United States.

Currently Active Assets on Macroaxis

Other Information on Investing in Newport Pink Sheet

Newport Gold financial ratios help investors to determine whether Newport 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 Newport with respect to the benefits of owning Newport Gold security.