Odyssey Gold Ltd Stock Return On Asset

ODQ Stock  EUR 0.01  0.0005  4.76%   
ODYSSEY GOLD LTD fundamentals help investors to digest information that contributes to ODYSSEY GOLD's financial success or failures. It also enables traders to predict the movement of ODYSSEY Stock. The fundamental analysis module provides a way to measure ODYSSEY 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 ODYSSEY GOLD stock.
  
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ODYSSEY GOLD LTD Company Return On Asset Analysis

ODYSSEY 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

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Current ODYSSEY GOLD Return On Asset

    
  -0.34  
Most of ODYSSEY 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, ODYSSEY GOLD LTD 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, ODYSSEY GOLD LTD has a Return On Asset of -0.3422. This is 146.24% lower than that of the Basic Materials sector and notably higher than that of the Gold industry. The return on asset for all Germany stocks is 144.43% higher than that of the company.

ODYSSEY Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ODYSSEY GOLD's 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 ODYSSEY GOLD could also be used in its relative valuation, which is a method of valuing ODYSSEY GOLD by comparing valuation metrics of similar companies.
ODYSSEY GOLD is currently under evaluation in return on asset category among its peers.

ODYSSEY Fundamentals

About ODYSSEY GOLD Fundamental Analysis

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

ODYSSEY GOLD financial ratios help investors to determine whether ODYSSEY Stock 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 ODYSSEY with respect to the benefits of owning ODYSSEY GOLD security.