TRX Gold Return On Asset vs. Net Income

TNX Stock  CAD 40.75  0.29  0.71%   
Based on the measurements of profitability obtained from TRX Gold's financial statements, TRX Gold Corp is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in April. Profitability indicators assess TRX Gold's ability to earn profits and add value for shareholders. As of the 3rd of March 2026, Price To Sales Ratio is likely to drop to 2.06. In addition to that, Days Sales Outstanding is likely to drop to 36.26. At this time, TRX Gold's Interest Income is very stable compared to the past year. As of the 3rd of March 2026, Change To Netincome is likely to grow to about 10.4 M, though Accumulated Other Comprehensive Income is likely to grow to (832.2 K). As of the 3rd of March 2026, Gross Profit is likely to grow to about 22 M. Also, Pretax Profit Margin is likely to grow to 0.24
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.530.48
Significantly Up
Slightly volatile
For TRX Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TRX Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TRX Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TRX Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TRX Gold Corp over time as well as its relative position and ranking within its peers.
  
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By analyzing TRX Gold's earnings estimates, investors can diagnose different trends across TRX Gold's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for TRX Gold Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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TRX Gold is projected to generate 0.01 in earnings per share on the 31st of August 2024. TRX Gold earnings estimates show analyst consensus about projected TRX Gold Corp EPS (Earning Per Share). It derives the highest and the lowest estimates based on TRX Gold's historical volatility. Many public companies, such as TRX Gold, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing TRX Gold's earnings estimates, investors can diagnose different trends across TRX Gold's analyst sentiment over time as well as compare current estimates against different timeframes.
Please note, there is a significant difference between TRX Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRX Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, TRX Gold's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

TRX Gold Corp Net Income vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining TRX Gold's current stock value. Our valuation model uses many indicators to compare TRX Gold value to that of its competitors to determine the firm's financial worth.
TRX Gold Corp is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in net income category among its peers making up about  104,680,535  of Net Income per Return On Asset. At this time, TRX Gold's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value TRX Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TRX Gold'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.

TRX Net Income vs. Return On Asset

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.

TRX Gold

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0673
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

TRX Gold

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
7.04 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

TRX Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in TRX Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TRX Gold will eventually generate negative long term returns. The profitability progress is the general direction of TRX Gold's change in net profit over the period of time. It can combine multiple indicators of TRX Gold, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-876 K-832.2 K
Operating Income9.5 M10 M
Income Before Tax11.1 M11.7 M
Total Other Income Expense Net1.6 M1.7 M
Net Income6.3 M6.7 M
Income Tax Expense6.1 M6.4 M
Net Income From Continuing Ops8.1 M8.5 M
Net Loss-5.6 M-5.9 M
Interest Income2.5 M3.1 M
Net Interest Income-2 M-2.1 M
Change To Netincome9.9 M10.4 M
Income Quality 2.03  2.13 
Net Income Per E B T 0.05  0.05 

TRX Profitability Driver Comparison

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

TRX Gold Earnings per Share Projection vs Actual

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Use Investing Themes to Complement your TRX Gold position

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Railroads Theme
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 45 constituents at this time.
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Other Information on Investing in TRX Stock

To fully project TRX Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TRX Gold Corp 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 TRX Gold's income statement, its balance sheet, and the statement of cash flows.
Potential TRX Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although TRX Gold investors may work on each financial statement separately, they are all related. The changes in TRX Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TRX Gold'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.