Reconnaissance Financial Statements From 2010 to 2024
| RECAF Stock | USD 0.73 0.02 2.67% |
Check Reconnaissance Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reconnaissance Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reconnaissance financial statements analysis is a perfect complement when working with Reconnaissance Energy Valuation or Volatility modules.
Reconnaissance |
Reconnaissance Energy Africa OTC Stock Return On Equity Analysis
Reconnaissance Energy'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 Reconnaissance Energy Return On Equity | -0.5 |
Most of Reconnaissance Energy'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, Reconnaissance Energy Africa 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, Reconnaissance Energy Africa has a Return On Equity of -0.5031. This is 74.59% lower than that of the Energy sector and 128.26% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 62.29% higher than that of the company.
Reconnaissance Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reconnaissance Energy's current stock value. Our valuation model uses many indicators to compare Reconnaissance Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reconnaissance Energy competition to find correlations between indicators driving Reconnaissance Energy's intrinsic value. More Info.Reconnaissance Energy Africa 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 Reconnaissance Energy's earnings, one of the primary drivers of an investment's value.About Reconnaissance Energy Financial Statements
Reconnaissance Energy stakeholders use historical fundamental indicators, such as Reconnaissance Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Reconnaissance Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reconnaissance Energy's assets and liabilities are reflected in the revenues and expenses on Reconnaissance Energy'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 Reconnaissance Energy Africa. Please read more on our technical analysis and fundamental analysis pages.
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90 percent interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia and 100 percent working interest in a petroleum license, which covers an area of 8,990 square km2 located in northwestern Botswana. Reconnaissance Energy is traded on OTC Exchange in the United States.
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Other Information on Investing in Reconnaissance OTC Stock
Reconnaissance Energy financial ratios help investors to determine whether Reconnaissance OTC Stock 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 Reconnaissance with respect to the benefits of owning Reconnaissance Energy security.