Mineralrite Corporat Stock Return On Equity
RITE Stock | USD 0.0007 0.0002 40.00% |
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 Return On Equity Analysis
Mineralrite Corporat's 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.
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, Mineralrite Corporat has a Return On Equity of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Precious Metals & Mining (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Mineralrite Return On Equity 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 Return On Equity 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 return on equity 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.
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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.