Taranis Resources Stock Fundamentals
| TRO Stock | CAD 0.29 0.02 7.41% |
Taranis Resources fundamentals help investors to digest information that contributes to Taranis Resources' financial success or failures. It also enables traders to predict the movement of Taranis Stock. The fundamental analysis module provides a way to measure Taranis 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 Taranis Resources stock.
At this time, Taranis Resources' Selling General Administrative is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 116.1 K in 2024, whereas Interest Expense is likely to drop 3,341 in 2024. Taranis | Select Account or Indicator |
Taranis Resources Company Return On Equity Analysis
Taranis 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 Taranis Resources Return On Equity | -0.024 |
Most of Taranis 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, Taranis Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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Taranis Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Taranis Resources has a Return On Equity of -0.024. This is 102.64% lower than that of the Metals & Mining sector and 105.0% lower than that of the Materials industry. The return on equity for all Canada stocks is 92.26% lower than that of the firm.
Taranis Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taranis Resources's current stock value. Our valuation model uses many indicators to compare Taranis Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taranis Resources competition to find correlations between indicators driving Taranis Resources's intrinsic value. More Info.Taranis Resources is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . 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 Taranis Resources' earnings, one of the primary drivers of an investment's value.Taranis Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taranis 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 Taranis Resources could also be used in its relative valuation, which is a method of valuing Taranis Resources by comparing valuation metrics of similar companies.Taranis Resources is currently under evaluation in return on equity category among its peers.
Taranis Fundamentals
| Return On Equity | -0.024 | ||||
| Return On Asset | -0.0332 | ||||
| Current Valuation | 27.88 M | ||||
| Shares Outstanding | 100.08 M | ||||
| Shares Owned By Insiders | 51.40 % | ||||
| Number Of Shares Shorted | 5.29 K | ||||
| Price To Earning | (10.50) X | ||||
| Price To Book | 3.83 X | ||||
| Gross Profit | (40.23 K) | ||||
| EBITDA | (192.39 K) | ||||
| Net Income | (464.52 K) | ||||
| Cash And Equivalents | 215.26 K | ||||
| Total Debt | 100 K | ||||
| Debt To Equity | 8.20 % | ||||
| Current Ratio | 0.34 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (285.9 K) | ||||
| Short Ratio | 0.19 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 0.27 | ||||
| Market Capitalization | 29.02 M | ||||
| Total Asset | 7.53 M | ||||
| Retained Earnings | (8.04 M) | ||||
| Working Capital | (61.84 K) | ||||
| Net Asset | 7.53 M |
About Taranis Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taranis Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taranis Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taranis 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 | 42.9 K | 36.6 K |
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Additional Tools for Taranis Stock Analysis
When running Taranis Resources' price analysis, check to measure Taranis 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 Taranis Resources is operating at the current time. Most of Taranis Resources' value examination focuses on studying past and present price action to predict the probability of Taranis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taranis Resources' price. Additionally, you may evaluate how the addition of Taranis Resources to your portfolios can decrease your overall portfolio volatility.