Richmond Minerals Stock Return On Asset

RMDFF Stock  USD 0  0.00  0.00%   
Richmond Minerals fundamentals help investors to digest information that contributes to Richmond Minerals' financial success or failures. It also enables traders to predict the movement of Richmond Pink Sheet. The fundamental analysis module provides a way to measure Richmond 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 Richmond Minerals pink sheet.
  
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Richmond Minerals Company Return On Asset Analysis

Richmond Minerals' 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

More About Return On Asset | All Equity Analysis

Current Richmond Minerals Return On Asset

    
  -0.0276  
Most of Richmond Minerals' 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, Richmond Minerals 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, Richmond Minerals has a Return On Asset of -0.0276. This is 103.73% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on asset for all United States stocks is 80.29% lower than that of the firm.

Richmond Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Richmond Minerals' direct or indirect competition against its Return On 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 Richmond Minerals could also be used in its relative valuation, which is a method of valuing Richmond Minerals by comparing valuation metrics of similar companies.
Richmond Minerals is currently under evaluation in return on asset category among its peers.

Richmond Fundamentals

About Richmond Minerals Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Richmond Pink Sheet

Richmond Minerals financial ratios help investors to determine whether Richmond 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 Richmond with respect to the benefits of owning Richmond Minerals security.