Goldgroup Mining Gross Profit vs. Return On Equity
| GGAZF Stock | USD 0.35 0.02 5.41% |
For Goldgroup Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goldgroup Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Goldgroup Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goldgroup Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Goldgroup Mining over time as well as its relative position and ranking within its peers.
Goldgroup |
Goldgroup Mining Return On Equity vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Goldgroup Mining's current stock value. Our valuation model uses many indicators to compare Goldgroup Mining value to that of its competitors to determine the firm's financial worth. Goldgroup Mining is one of the top stocks in gross profit category among its peers. It is rated below average in return on equity 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 Goldgroup Mining's earnings, one of the primary drivers of an investment's value.Goldgroup Return On Equity vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Goldgroup Mining |
| = | 2.19 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Goldgroup Mining |
| = | -12.0 |
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.
Goldgroup Return On Equity Comparison
Goldgroup Mining is currently under evaluation in return on equity category among its peers.
Goldgroup Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Goldgroup Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goldgroup Mining will eventually generate negative long term returns. The profitability progress is the general direction of Goldgroup Mining's change in net profit over the period of time. It can combine multiple indicators of Goldgroup Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Goldgroup Mining Inc., together with its subsidiaries, focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas. It holds 100 percent interests in the Cerro Prieto project located in the state of Sonora and the San Jos de Gracia project situated in Sinaloa State, Mexico. Goldgroup Mining operates under Gold classification in the United States and is traded on OTC Exchange. It employs 2 people.
Goldgroup Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Goldgroup Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Goldgroup Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Goldgroup Mining's important profitability drivers and their relationship over time.
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Other Information on Investing in Goldgroup Pink Sheet
To fully project Goldgroup Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Goldgroup Mining at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Goldgroup Mining's income statement, its balance sheet, and the statement of cash flows.