Ridgeline Minerals Corp Stock Return On Equity
| RDGMF Stock | USD 0.11 0.01 11.11% |
Ridgeline Minerals Corp fundamentals help investors to digest information that contributes to Ridgeline Minerals' financial success or failures. It also enables traders to predict the movement of Ridgeline OTC Stock. The fundamental analysis module provides a way to measure Ridgeline Minerals' 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 Ridgeline Minerals otc stock.
Ridgeline |
Ridgeline Minerals Corp OTC Stock Return On Equity Analysis
Ridgeline Minerals' 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.
Current Ridgeline Minerals Return On Equity | -0.12 |
Most of Ridgeline Minerals' 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, Ridgeline Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Ridgeline Minerals Corp has a Return On Equity of -0.1225. This is 113.46% lower than that of the Basic Materials sector and 222.5% lower than that of the Gold industry. The return on equity for all United States stocks is 60.48% lower than that of the firm.
Ridgeline Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ridgeline Minerals' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Ridgeline Minerals could also be used in its relative valuation, which is a method of valuing Ridgeline Minerals by comparing valuation metrics of similar companies.Ridgeline Minerals is currently under evaluation in return on equity category among its peers.
Ridgeline Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.059 | |||
| Current Valuation | 10.1 M | |||
| Shares Outstanding | 68.47 M | |||
| Shares Owned By Insiders | 7.80 % | |||
| Shares Owned By Institutions | 4.80 % | |||
| Price To Book | 1.35 X | |||
| EBITDA | (1.16 M) | |||
| Net Income | (1.21 M) | |||
| Cash And Equivalents | 965.85 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 77.34 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 8.32 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (858.88 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.91 | |||
| Market Capitalization | 14.47 M | |||
| Total Asset | 8.63 M | |||
| Net Asset | 8.63 M |
About Ridgeline Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ridgeline Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ridgeline Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ridgeline Minerals Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Ridgeline OTC Stock
Ridgeline Minerals financial ratios help investors to determine whether Ridgeline OTC 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 Ridgeline with respect to the benefits of owning Ridgeline Minerals security.