Spruce Ridge Resources Stock Net Income
| SRCGF Stock | USD 0.07 0.01 15.12% |
Fundamental analysis of Spruce Ridge allows traders to better anticipate movements in Spruce Ridge's stock price by examining its financial health and performance throughout various phases of its business cycle.
Spruce |
Spruce Ridge Resources OTC Stock Net Income Analysis
Spruce Ridge's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Spruce Ridge Net Income | 23.21 M |
Most of Spruce Ridge's fundamental indicators, such as Net Income, 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, Spruce Ridge Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Spruce Ridge Resources reported net income of 23.21 M. This is 292.84% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The net income for all United States stocks is 95.94% higher than that of the company.
Spruce Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spruce Ridge's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Spruce Ridge could also be used in its relative valuation, which is a method of valuing Spruce Ridge by comparing valuation metrics of similar companies.Spruce Ridge is currently under evaluation in net income category among its peers.
Spruce Fundamentals
| Return On Equity | 0.32 | |||
| Return On Asset | -0.0532 | |||
| Profit Margin | 168.75 % | |||
| Operating Margin | (45.30) % | |||
| Current Valuation | (4.35 M) | |||
| Shares Outstanding | 180.21 M | |||
| Shares Owned By Insiders | 26.20 % | |||
| Price To Earning | 0.09 X | |||
| Price To Book | 0.18 X | |||
| Price To Sales | 186.06 X | |||
| Gross Profit | (8.41 K) | |||
| EBITDA | (1.29 M) | |||
| Net Income | 23.21 M | |||
| Cash And Equivalents | 9.79 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 60 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 46.62 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.28 M) | |||
| Earnings Per Share | 0.04 X | |||
| Beta | 2.06 | |||
| Market Capitalization | 7.96 M | |||
| Total Asset | 34.13 M | |||
| Z Score | 79.2 | |||
| Net Asset | 34.13 M |
About Spruce Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spruce Ridge Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spruce Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spruce Ridge Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Spruce OTC Stock
Spruce Ridge financial ratios help investors to determine whether Spruce OTC Stock 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 Spruce with respect to the benefits of owning Spruce Ridge security.