Riverside Resources Stock Fundamentals
| RRI Stock | CAD 0.14 0.00 0.00% |
Riverside Resources fundamentals help investors to digest information that contributes to Riverside Resources' financial success or failures. It also enables traders to predict the movement of Riverside Stock. The fundamental analysis module provides a way to measure Riverside Resources' 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 Riverside Resources stock.
At this time, Riverside Resources' Total Other Income Expense Net is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 950 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 1 M in 2024. Riverside | Select Account or Indicator |
Riverside Resources Company Return On Equity Analysis
Riverside Resources' 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 Riverside Resources Return On Equity | -0.0708 |
Most of Riverside Resources' 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, Riverside Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Riverside Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Riverside Resources is extremely important. It helps to project a fair market value of Riverside Stock properly, considering its historical fundamentals such as Return On Equity. Since Riverside 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 Riverside 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 Riverside Resources' interrelated accounts and indicators.
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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.
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Riverside Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Riverside Resources has a Return On Equity of -0.0708. This is 107.78% lower than that of the Metals & Mining sector and 114.75% lower than that of the Materials industry. The return on equity for all Canada stocks is 77.16% lower than that of the firm.
Riverside Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Riverside Resources's current stock value. Our valuation model uses many indicators to compare Riverside Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Riverside Resources competition to find correlations between indicators driving Riverside Resources's intrinsic value. More Info.Riverside Resources is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . At this time, Riverside Resources' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Riverside Resources' earnings, one of the primary drivers of an investment's value.Riverside Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Riverside Resources' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Riverside Resources could also be used in its relative valuation, which is a method of valuing Riverside Resources by comparing valuation metrics of similar companies.Riverside Resources is currently under evaluation in return on equity category among its peers.
Riverside Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Riverside Resources from analyzing Riverside Resources' financial statements. These drivers represent accounts that assess Riverside Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Riverside Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 8.7M | 17.3M | 9.2M | 8.8M | 10.1M | 13.7M | |
| Enterprise Value | 5.3M | 12.7M | 3.2M | 1.9M | 2.2M | 2.1M |
Riverside Fundamentals
| Return On Equity | -0.0708 | |||
| Return On Asset | -0.1 | |||
| Current Valuation | 3.65 M | |||
| Shares Outstanding | 74.78 M | |||
| Shares Owned By Insiders | 5.15 % | |||
| Number Of Shares Shorted | 5.5 K | |||
| Price To Earning | 110.00 X | |||
| Price To Book | 0.79 X | |||
| Gross Profit | (4.66 K) | |||
| EBITDA | (1.17 M) | |||
| Net Income | (395.19 K) | |||
| Cash And Equivalents | 5.24 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 1.76 M | |||
| Current Ratio | 55.41 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (592.78 K) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.57 | |||
| Market Capitalization | 10.47 M | |||
| Total Asset | 15.32 M | |||
| Retained Earnings | (16.47 M) | |||
| Working Capital | 6.12 M | |||
| Net Asset | 15.32 M |
About Riverside Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Riverside Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Riverside Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Riverside 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.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 49.3 K | 53 K |
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Additional Tools for Riverside Stock Analysis
When running Riverside Resources' price analysis, check to measure Riverside 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 Riverside Resources is operating at the current time. Most of Riverside Resources' value examination focuses on studying past and present price action to predict the probability of Riverside Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riverside Resources' price. Additionally, you may evaluate how the addition of Riverside Resources to your portfolios can decrease your overall portfolio volatility.