Mineralrite Corporat Stock Net Asset
| RITE Stock | USD 0.0006 0.0001 14.29% |
Mineralrite Corporat fundamentals help investors to digest information that contributes to Mineralrite Corporat's financial success or failures. It also enables traders to predict the movement of Mineralrite Pink Sheet. The fundamental analysis module provides a way to measure Mineralrite Corporat'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 Mineralrite Corporat pink sheet.
Mineralrite |
Mineralrite Corporat Company Net Asset Analysis
Mineralrite Corporat's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Mineralrite Corporat Net Asset | 2.23 M |
Most of Mineralrite Corporat's fundamental indicators, such as Net 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, Mineralrite Corporat is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Mineralrite Corporat has a Net Asset of 2.23 M. This is much higher than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The net asset for all United States stocks is notably lower than that of the firm.
Mineralrite Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mineralrite Corporat's direct or indirect competition against its Net 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 Mineralrite Corporat could also be used in its relative valuation, which is a method of valuing Mineralrite Corporat by comparing valuation metrics of similar companies.Mineralrite Corporat is currently under evaluation in net asset category among its peers.
Mineralrite Fundamentals
| Return On Asset | -0.41 | |||
| Operating Margin | (3.99) % | |||
| Current Valuation | 769.09 K | |||
| Shares Outstanding | 2.33 B | |||
| Shares Owned By Insiders | 12.86 % | |||
| Price To Sales | 4.56 X | |||
| Revenue | 397.2 K | |||
| Gross Profit | 38.91 K | |||
| EBITDA | (1.71 M) | |||
| Net Income | (3.53 M) | |||
| Cash And Equivalents | 4.99 K | |||
| Total Debt | 29.82 K | |||
| Debt To Equity | 0.91 % | |||
| Current Ratio | 0.21 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (369.32 K) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | -95.61 | |||
| Market Capitalization | 1.4 M | |||
| Total Asset | 2.23 M | |||
| Retained Earnings | (15.64 M) | |||
| Working Capital | (4.12 M) | |||
| Current Asset | 1.12 M | |||
| Current Liabilities | 5.24 M | |||
| Z Score | 16.6 | |||
| Net Asset | 2.23 M |
About Mineralrite Corporat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mineralrite Corporat's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mineralrite Corporat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mineralrite Corporat 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mineralrite Pink Sheet
Mineralrite Corporat financial ratios help investors to determine whether Mineralrite 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 Mineralrite with respect to the benefits of owning Mineralrite Corporat security.