Rok Resources Stock Price To Sales

Understanding the fundamental principles of building solid financial models for ROK Resources is extremely important. It helps to project a fair market value of ROK Stock properly, considering its historical fundamentals such as Price To Sales. Since ROK Resources' 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 ROK Resources' 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 ROK Resources' interrelated accounts and indicators.

The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Based on the latest financial disclosure, ROK Resources has a Price To Sales of 0.4696 times. This is 73.32% lower than that of the Oil, Gas & Consumable Fuels sector and 82.99% lower than that of the Energy industry. The price to sales for all Canada stocks is 95.89% higher than that of the company.

We derive many important indicators used in calculating different scores of ROK Resources from analyzing ROK Resources' financial statements. These drivers represent accounts that assess ROK Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ROK Resources' important valuation drivers and their relationship over time.

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

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