Rock Tech Lithium Stock Total Asset

RCK Stock  CAD 1.06  0.01  0.93%   
Rock Tech Lithium fundamentals help investors to digest information that contributes to Rock Tech's financial success or failures. It also enables traders to predict the movement of Rock Stock. The fundamental analysis module provides a way to measure Rock Tech'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 Rock Tech stock.
Last ReportedProjected for Next Year
Total Assets46.8 M49.2 M
Intangibles To Total Assets 0.01  0.01 
Total Assets is likely to climb to about 49.2 M in 2024, whereas Intangibles To Total Assets are likely to drop 0.01 in 2024.
  
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Rock Tech Lithium Company Total Asset Analysis

Rock Tech's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Rock Tech Total Asset

    
  46.85 M  
Most of Rock Tech's fundamental indicators, such as Total 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, Rock Tech Lithium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Rock Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Rock Tech is extremely important. It helps to project a fair market value of Rock Stock properly, considering its historical fundamentals such as Total Asset. Since Rock Tech's 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 Rock Tech's 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 Rock Tech's interrelated accounts and indicators.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Rock Total Assets

Total Assets

49.19 Million

At this time, Rock Tech's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Rock Tech Lithium has a Total Asset of 46.85 M. This is 99.73% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total asset for all Canada stocks is 99.84% higher than that of the company.

Rock Total Asset Peer Comparison

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

Rock Tech Current Valuation Drivers

We derive many important indicators used in calculating different scores of Rock Tech from analyzing Rock Tech's financial statements. These drivers represent accounts that assess Rock Tech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rock Tech's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap15.7M65.7M440.7M130.4M117.3M123.2M
Enterprise Value14.1M56.8M385.2M116.4M104.8M110.0M

Rock Fundamentals

About Rock Tech Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Rock Stock Analysis

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