Salazar Resources Limited Stock Return On Asset

SRL Stock  CAD 0.08  0.01  11.11%   
Salazar Resources Limited fundamentals help investors to digest information that contributes to Salazar Resources' financial success or failures. It also enables traders to predict the movement of Salazar Stock. The fundamental analysis module provides a way to measure Salazar 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 Salazar Resources stock.
Return On Assets is likely to drop to -0.25 in 2024.
  
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Salazar Resources Limited Company Return On Asset Analysis

Salazar Resources' 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

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Current Salazar Resources Return On Asset

    
  -0.078  
Most of Salazar Resources' 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, Salazar Resources Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Salazar Return On Asset Driver Correlations

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

Salazar Total Assets

Total Assets

15.35 Million

At this time, Salazar Resources' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Salazar Resources Limited has a Return On Asset of -0.078. This is 110.54% lower than that of the Metals & Mining sector and 98.66% lower than that of the Materials industry. The return on asset for all Canada stocks is 44.29% lower than that of the firm.

Salazar Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Salazar Resources' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Salazar Resources could also be used in its relative valuation, which is a method of valuing Salazar Resources by comparing valuation metrics of similar companies.
Salazar Resources is currently under evaluation in return on asset category among its peers.

Salazar Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Salazar Resources from analyzing Salazar Resources' financial statements. These drivers represent accounts that assess Salazar Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Salazar Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap24.0M48.3M43.7M20.2M9.2M14.8M
Enterprise Value20.0M46.9M40.0M18.0M8.6M13.0M

Salazar Fundamentals

About Salazar Resources Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Salazar Stock Analysis

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