Surge Financial Statements From 2010 to 2024
| NILIF Stock | USD 0.24 0.01 4.00% |
Check Surge Battery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Surge Battery's main balance sheet or income statement drivers, such as , as well as many indicators such as . Surge financial statements analysis is a perfect complement when working with Surge Battery Valuation or Volatility modules.
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Surge Battery Metals Company Return On Equity Analysis
Surge Battery's 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.
Current Surge Battery Return On Equity | -0.39 |
Most of Surge Battery's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Surge Battery Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, Surge Battery Metals has a Return On Equity of -0.389. This is 142.75% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 25.48% higher than that of the company.
Surge Battery Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Surge Battery's current stock value. Our valuation model uses many indicators to compare Surge Battery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Surge Battery competition to find correlations between indicators driving Surge Battery's intrinsic value. More Info.Surge Battery Metals is regarded second in return on equity category among its peers. It is rated below average in return on asset 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 Surge Battery's earnings, one of the primary drivers of an investment's value.About Surge Battery Financial Statements
Surge Battery stakeholders use historical fundamental indicators, such as Surge Battery's revenue or net income, to determine how well the company is positioned to perform in the future. Although Surge Battery investors may analyze each financial statement separately, they are all interrelated. For example, changes in Surge Battery's assets and liabilities are reflected in the revenues and expenses on Surge Battery's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Surge Battery Metals. Please read more on our technical analysis and fundamental analysis pages.
Surge Battery Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. Surge Battery Metals Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada. Surge Battery operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Surge Pink Sheet
Surge Battery financial ratios help investors to determine whether Surge Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Surge with respect to the benefits of owning Surge Battery security.