Northcliff Resources Return On Equity vs. Cash Per Share

NCF Stock  CAD 0.04  0.01  14.29%   
Based on Northcliff Resources' profitability indicators, Northcliff Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Northcliff Resources' ability to earn profits and add value for shareholders.
For Northcliff Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northcliff Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northcliff Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northcliff Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northcliff Resources over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Northcliff Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northcliff Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northcliff Resources' 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.

Northcliff Resources Cash Per Share vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Northcliff Resources's current stock value. Our valuation model uses many indicators to compare Northcliff Resources value to that of its competitors to determine the firm's financial worth.
Northcliff Resources is regarded second in return on equity category among its peers. It is considered to be number one stock in cash per share category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Northcliff Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northcliff Resources' 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.

Northcliff Cash Per Share 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.

Northcliff Resources

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.0764
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Northcliff Resources

Cash Per Share

 = 

Total Cash

Average Shares

 = 
0.01 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Northcliff Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Northcliff Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northcliff Resources will eventually generate negative long term returns. The profitability progress is the general direction of Northcliff Resources' change in net profit over the period of time. It can combine multiple indicators of Northcliff Resources, 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.
Northcliff Resources Ltd., together with its subsidiaries, engages in the exploration and development of mineral projects in Canada. Northcliff Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. NORTHCLIFF RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange.

Northcliff Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Northcliff Resources. 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 Northcliff Resources 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 Northcliff Resources' important profitability drivers and their relationship over time.

Use Northcliff Resources 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 Northcliff Resources 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 Northcliff Resources will appreciate offsetting losses from the drop in the long position's value.

Northcliff Resources Pair Trading

Northcliff Resources Pair Trading Analysis

The ability to find closely correlated positions to Northcliff Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northcliff Resources 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 Northcliff Resources - 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 Northcliff Resources to buy it.
The correlation of Northcliff Resources 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 Northcliff Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northcliff Resources 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 Northcliff Resources 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Northcliff Resources position

In addition to having Northcliff Resources 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.

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Realty Funds
Realty Funds Theme
Funds or Etfs investing in real estate backed instruments or issues backed by different types of commercial properties. The Realty Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Realty Funds Theme or any other thematic opportunities.
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Other Information on Investing in Northcliff Stock

To fully project Northcliff Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northcliff Resources 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 Northcliff Resources' income statement, its balance sheet, and the statement of cash flows.
Potential Northcliff Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Northcliff Resources investors may work on each financial statement separately, they are all related. The changes in Northcliff Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northcliff Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.