Sassy Financial Statements From 2010 to 2024
| SSYRF Stock | USD 0.06 0.01 18.52% |
Check Sassy Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sassy Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Sassy financial statements analysis is a perfect complement when working with Sassy Resources Valuation or Volatility modules.
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Sassy Resources OTC Stock Return On Equity Analysis
Sassy Resources' 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 Sassy Resources Return On Equity | -0.0505 |
Most of Sassy Resources' 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, Sassy Resources 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, Sassy Resources has a Return On Equity of -0.0505. This is 105.55% 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 83.71% lower than that of the firm.
Sassy Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sassy Resources's current stock value. Our valuation model uses many indicators to compare Sassy Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sassy Resources competition to find correlations between indicators driving Sassy Resources's intrinsic value. More Info.Sassy Resources is rated second in return on equity category among its peers. It is rated third 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 Sassy Resources' earnings, one of the primary drivers of an investment's value.About Sassy Resources Financial Statements
Sassy Resources stakeholders use historical fundamental indicators, such as Sassy Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Sassy Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sassy Resources' assets and liabilities are reflected in the revenues and expenses on Sassy Resources' 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 Sassy Resources. Please read more on our technical analysis and fundamental analysis pages.
Sassy Resources Corporation, an exploration stage company, identifies, acquires, and explores for precious metal resources in Canada. The company was incorporated in 2019 and is based in Vancouver, Canada. Sassy Res 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 Sassy OTC Stock
Sassy Resources financial ratios help investors to determine whether Sassy 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 Sassy with respect to the benefits of owning Sassy Resources security.