Rigel Financial Statements From 2010 to 2024
| RRACDelisted Stock | USD 11.50 0.00 0.00% |
Check Rigel Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rigel Resource's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rigel financial statements analysis is a perfect complement when working with Rigel Resource Valuation or Volatility modules.
Rigel |
Rigel Resource Acquisition Company Return On Asset Analysis
Rigel Resource's 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.
Current Rigel Resource Return On Asset | -0.0136 |
Most of Rigel Resource's fundamental indicators, such as Return On Asset, 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, Rigel Resource Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Rigel Resource Acquisition has a Return On Asset of -0.0136. This is 97.11% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 90.29% lower than that of the firm.
Rigel Resource Acqui Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rigel Resource's current stock value. Our valuation model uses many indicators to compare Rigel Resource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rigel Resource competition to find correlations between indicators driving Rigel Resource's intrinsic value. More Info.Rigel Resource Acquisition is rated below average in return on asset category among its peers. It is rated third in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Rigel Resource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rigel Resource's Pink Sheet. 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.About Rigel Resource Financial Statements
Rigel Resource stakeholders use historical fundamental indicators, such as Rigel Resource's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rigel Resource investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rigel Resource's assets and liabilities are reflected in the revenues and expenses on Rigel Resource'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 Rigel Resource Acquisition. Please read more on our technical analysis and fundamental analysis pages.
Rigel Resource Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Rigel Resource operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
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Other Consideration for investing in Rigel Pink Sheet
If you are still planning to invest in Rigel Resource Acqui check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rigel Resource's history and understand the potential risks before investing.
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