ASA Gold Net Worth

ASA Gold Net Worth Breakdown

  ASA
The net worth of ASA Gold and is the difference between its total assets and liabilities. ASA Gold's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of ASA Gold's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. ASA Gold's net worth can be used as a measure of its financial health and stability which can help investors to decide if ASA Gold is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in ASA Gold and stock.

ASA Gold Net Worth Analysis

ASA Gold's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including ASA Gold's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of ASA Gold's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform ASA Gold's net worth analysis. One common approach is to calculate ASA Gold's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares ASA Gold's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing ASA Gold's net worth. This approach calculates the present value of ASA Gold's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of ASA Gold's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate ASA Gold's net worth. This involves comparing ASA Gold's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into ASA Gold's net worth relative to its peers.

Enterprise Value

188.98 Million

To determine if ASA Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ASA Gold's net worth research are outlined below:
ASA Gold generated a negative expected return over the last 90 days
ASA Gold has high likelihood to experience some financial distress in the next 2 years
About 60.0% of the company shares are held by institutions such as insurance companies
On 20th of November 2024 ASA Gold paid $ 0.02 per share dividend to its current shareholders
Latest headline from globenewswire.com: Havila Shipping ASA Finanstilsynet har godkjent prospekt for notering av nye aksjer

Follow ASA Gold's market capitalization trends

The company currently falls under 'Small-Cap' category with a total capitalization of 381.5 M.

Market Cap

191.55 Million

Project ASA Gold's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.04 
Return On Assets 0.03  0.04 
Return On Equity 0.03  0.04 
The company has Net Profit Margin of 43.74 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of (1.91) %, which entails that for every $100 of revenue, it lost $1.91.
When accessing ASA Gold's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures ASA Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ASA Gold's profitability and make more informed investment decisions.
Please note, the presentation of ASA Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ASA Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ASA Gold's management manipulating its earnings.

Evaluate ASA Gold's management efficiency

At present, ASA Gold's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Capital Employed is projected to grow to (0). At present, ASA Gold's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 106.9 K, whereas Non Currrent Assets Other are forecasted to decline to (398.9 M). ASA Gold's management efficiency ratios could be used to measure how well ASA Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 19.80  20.81 
Tangible Book Value Per Share 19.80  20.81 
Enterprise Value Over EBITDA 27.63  16.69 
Price Book Value Ratio 1.02  0.78 
Enterprise Value Multiple 27.63  16.69 
Price Fair Value 1.02  0.78 
Enterprise Value263.7 M189 M
Leadership at ASA Gold emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Enterprise Value Revenue
5.8683
Revenue
M
Quarterly Revenue Growth
(0.44)
Revenue Per Share
0.104
Return On Equity
0.2291
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ASA Gold insiders, such as employees or executives, is commonly permitted as long as it does not rely on ASA Gold's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ASA Gold insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ASA Gold Corporate Filings

10th of December 2024
Other Reports
ViewVerify
F4
14th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
8th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
6th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
ASA Gold time-series forecasting models is one of many ASA Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ASA Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

ASA Gold Earnings per Share Projection vs Actual

ASA Gold Corporate Management

Jack HuntingtonChief Compliance OfficerProfile
Peter MaletisPresidentProfile
James NashChief Compliance Officer, SecretaryProfile
Zachary TackettCorporate SecretaryProfile

Already Invested in ASA Gold and?

The danger of trading ASA Gold and is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASA Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASA Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASA Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.282
Dividend Share
0.03
Earnings Share
3.25
Revenue Per Share
0.104
Quarterly Revenue Growth
(0.44)
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.