Wesdome Gold Mines Stock Return On Asset

WDOFF Stock  USD 8.52  0.01  0.12%   
Wesdome Gold Mines fundamentals help investors to digest information that contributes to Wesdome Gold's financial success or failures. It also enables traders to predict the movement of Wesdome OTC Stock. The fundamental analysis module provides a way to measure Wesdome Gold's 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 Wesdome Gold otc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Wesdome Gold Mines OTC Stock Return On Asset Analysis

Wesdome Gold's 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 Wesdome Gold Return On Asset

    
  0.0663  
Most of Wesdome Gold's 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, Wesdome Gold Mines 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.
Competition

Based on the latest financial disclosure, Wesdome Gold Mines has a Return On Asset of 0.0663. This is 91.04% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on asset for all United States stocks is 147.36% lower than that of the firm.

Wesdome Return On Asset Peer Comparison

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

Wesdome Fundamentals

About Wesdome Gold Fundamental Analysis

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

Wesdome Gold financial ratios help investors to determine whether Wesdome 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 Wesdome with respect to the benefits of owning Wesdome Gold security.