Velocity Minerals Stock Return On Asset
| VLC Stock | CAD 0.17 0.01 5.56% |
Velocity Minerals fundamentals help investors to digest information that contributes to Velocity Minerals' financial success or failures. It also enables traders to predict the movement of Velocity Stock. The fundamental analysis module provides a way to measure Velocity Minerals' 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 Velocity Minerals stock.
Velocity | Return On Asset |
Velocity Minerals Company Return On Asset Analysis
Velocity Minerals' 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.
Current Velocity Minerals Return On Asset | -0.0424 |
Most of Velocity Minerals' 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, Velocity Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Velocity Total Assets
Total Assets |
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Based on the latest financial disclosure, Velocity Minerals has a Return On Asset of -0.0424. This is 105.73% lower than that of the Metals & Mining sector and 41.33% higher than that of the Materials industry. The return on asset for all Canada stocks is 69.71% lower than that of the firm.
Velocity Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Velocity Minerals' 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 Velocity Minerals could also be used in its relative valuation, which is a method of valuing Velocity Minerals by comparing valuation metrics of similar companies.Velocity Minerals is currently under evaluation in return on asset category among its peers.
Velocity Fundamentals
| Return On Equity | -0.0558 | ||||
| Return On Asset | -0.0424 | ||||
| Current Valuation | 31.64 M | ||||
| Shares Outstanding | 196.3 M | ||||
| Shares Owned By Insiders | 52.31 % | ||||
| Number Of Shares Shorted | 2.48 K | ||||
| Price To Book | 1.41 X | ||||
| Gross Profit | (246.08 K) | ||||
| EBITDA | (1.87 M) | ||||
| Net Income | (1.8 M) | ||||
| Cash And Equivalents | 7.89 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 976.49 K | ||||
| Debt To Equity | 52.40 % | ||||
| Current Ratio | 14.27 X | ||||
| Book Value Per Share | 0.12 X | ||||
| Cash Flow From Operations | (1.35 M) | ||||
| Short Ratio | 0.15 X | ||||
| Target Price | 0.55 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 33.37 M | ||||
| Total Asset | 29.86 M | ||||
| Retained Earnings | (22.94 M) | ||||
| Working Capital | 2.66 M | ||||
| Net Asset | 29.86 M |
About Velocity Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Velocity Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Velocity Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Velocity Minerals 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.
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Additional Tools for Velocity Stock Analysis
When running Velocity Minerals' price analysis, check to measure Velocity Minerals' 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 Velocity Minerals is operating at the current time. Most of Velocity Minerals' value examination focuses on studying past and present price action to predict the probability of Velocity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Velocity Minerals' price. Additionally, you may evaluate how the addition of Velocity Minerals to your portfolios can decrease your overall portfolio volatility.