Royal Canadian Return On Equity vs. Total Asset
| MNT Stock | CAD 38.22 0.07 0.18% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.14 | Current Value 0.13 | Quarterly Volatility 0.00863033 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0622 | 0.0613 |
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| Net Profit Margin | 0.0131 | 0.0123 |
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| Operating Profit Margin | 0.0179 | 0.0161 |
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| Pretax Profit Margin | 0.0178 | 0.0164 |
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| Return On Assets | 0.0922 | 0.0909 |
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| Return On Equity | 0.13 | 0.14 |
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For Royal Canadian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Royal Canadian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Royal Canadian Mint utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Royal Canadian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Royal Canadian Mint over time as well as its relative position and ranking within its peers.
Royal |
Royal Canadian Mint Total Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Royal Canadian's current stock value. Our valuation model uses many indicators to compare Royal Canadian value to that of its competitors to determine the firm's financial worth. Royal Canadian Mint is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in total asset category among its peers fabricating about 20,175,743 of Total Asset per Return On Equity. At this time, Royal Canadian's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Royal Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Royal Canadian's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Royal Total Asset vs. Return On Equity
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.
Royal Canadian |
| = | 20.1 |
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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Royal Canadian |
| = | 405.48 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Royal Total Asset Comparison
Royal Canadian is currently under evaluation in total asset category among its peers.
Royal Canadian Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Royal Canadian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Royal Canadian will eventually generate negative long term returns. The profitability progress is the general direction of Royal Canadian's change in net profit over the period of time. It can combine multiple indicators of Royal Canadian, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.6 M | -1.7 M | |
| Operating Income | 81.9 M | 47.5 M | |
| Income Before Tax | 82.6 M | 48.6 M | |
| Total Other Income Expense Net | 976.4 K | 1 M | |
| Net Income | 61.8 M | 32.6 M | |
| Income Tax Expense | 10.6 M | 9.4 M | |
| Interest Income | 485.1 K | 739.9 K | |
| Net Income Applicable To Common Shares | 61.8 M | 36.1 M | |
| Net Income Per Share | 8.2 K | 6.6 K | |
| Net Income Per E B T | 0.68 | 0.59 |
Royal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Royal Canadian. 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 Royal Canadian 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 Royal Canadian's important profitability drivers and their relationship over time.
Use Royal Canadian in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Royal Canadian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Royal Canadian will appreciate offsetting losses from the drop in the long position's value.Royal Canadian Pair Trading
Royal Canadian Mint Pair Trading Analysis
The ability to find closely correlated positions to Royal Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royal Canadian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Royal Canadian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Royal Canadian Mint to buy it.
The correlation of Royal Canadian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Royal Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royal Canadian Mint moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Royal Canadian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Royal Canadian position
In addition to having Royal Canadian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Royal Stock
To fully project Royal Canadian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Royal Canadian Mint 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 Royal Canadian's income statement, its balance sheet, and the statement of cash flows.