Rackla Financial Statements From 2010 to 2024

RAK Stock  CAD 0.14  0.02  16.67%   
Rackla Metals financial statements provide useful quarterly and yearly information to potential Rackla Metals investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Rackla Metals financial statements helps investors assess Rackla Metals' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Rackla Metals' valuation are summarized below:
Rackla Metals does not presently have any trending fundamental ratios for analysis.
Check Rackla Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackla Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Rackla financial statements analysis is a perfect complement when working with Rackla Metals Valuation or Volatility modules.
  
This module can also supplement various Rackla Metals Technical models . Check out the analysis of Rackla Metals Correlation against competitors.

Rackla Metals Company Return On Equity Analysis

Rackla Metals' 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.

Return On Equity

 = 

Net Income

Total Equity

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Current Rackla Metals Return On Equity

    
  -1.22  
Most of Rackla Metals' 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, Rackla 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.
Competition

Based on the latest financial disclosure, Rackla Metals has a Return On Equity of -1.2188. This is 233.93% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.

Rackla Metals Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rackla Metals's current stock value. Our valuation model uses many indicators to compare Rackla Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rackla Metals competition to find correlations between indicators driving Rackla Metals's intrinsic value. More Info.
Rackla Metals is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock 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 Rackla Metals' earnings, one of the primary drivers of an investment's value.

About Rackla Metals Financial Statements

Rackla Metals investors use historical fundamental indicators, such as Rackla Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Rackla Metals. Please read more on our technical analysis and fundamental analysis pages.
Rackla Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Rackla Metals Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. RACKLA METALS operates under Gold classification in Canada and is traded on TSX Venture Exchange.

Thematic Opportunities

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Additional Tools for Rackla Stock Analysis

When running Rackla Metals' price analysis, check to measure Rackla Metals' 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 Rackla Metals is operating at the current time. Most of Rackla Metals' value examination focuses on studying past and present price action to predict the probability of Rackla Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackla Metals' price. Additionally, you may evaluate how the addition of Rackla Metals to your portfolios can decrease your overall portfolio volatility.