White Gold Shares Owned By Institutions vs. Return On Asset
| WGO Stock | CAD 0.22 0.01 4.76% |
For White Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of White Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well White Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between White Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of White Gold Corp over time as well as its relative position and ranking within its peers.
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White Gold Corp Return On Asset vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining White Gold's current stock value. Our valuation model uses many indicators to compare White Gold value to that of its competitors to determine the firm's financial worth. White Gold Corp is rated second in shares owned by institutions category among its peers. It is rated first in return on asset category among its peers . Return On Assets is likely to drop to -0.02 in 2024. 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 White Gold's earnings, one of the primary drivers of an investment's value.White Return On Asset vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
White Gold |
| = | 6.35 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
White Gold |
| = | -0.0085 |
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.
White Return On Asset Comparison
White Gold is currently under evaluation in return on asset category among its peers.
White Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in White Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, White Gold will eventually generate negative long term returns. The profitability progress is the general direction of White Gold's change in net profit over the period of time. It can combine multiple indicators of White 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 Reported | Projected for Next Year | ||
| Operating Income | -2.1 M | -2 M | |
| Net Loss | -2.2 M | -2.1 M | |
| Income Tax Expense | 130.8 K | 96 K | |
| Income Before Tax | -2.1 M | -2.2 M | |
| Total Other Income Expense Net | 8.3 K | 8.7 K | |
| Net Loss | -2.2 M | -2.3 M | |
| Net Loss | -1.1 M | -1.1 M | |
| Net Interest Income | 141.7 K | 148.8 K | |
| Interest Income | 150.3 K | 108.7 K | |
| Change To Netincome | -1.6 M | -1.5 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.78 | 0.75 | |
| Net Income Per E B T | 1.06 | 1.02 |
White Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on White 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 White 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 White Gold's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your White Gold position
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Fabricated Products
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Additional Tools for White Stock Analysis
When running White Gold's price analysis, check to measure White Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy White Gold is operating at the current time. Most of White Gold's value examination focuses on studying past and present price action to predict the probability of White Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move White Gold's price. Additionally, you may evaluate how the addition of White Gold to your portfolios can decrease your overall portfolio volatility.