Romios Gold Resources Stock Current Asset

RG Stock  CAD 0.02  0.00  0.00%   
Romios Gold Resources fundamentals help investors to digest information that contributes to Romios Gold's financial success or failures. It also enables traders to predict the movement of Romios Stock. The fundamental analysis module provides a way to measure Romios Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Romios Gold stock.
Non Current Assets Total is likely to drop to about 89.8 K in 2024. Total Current Assets is likely to drop to about 156.9 K in 2024.
  
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Romios Gold Resources Company Current Asset Analysis

Romios Gold's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

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Romios Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Romios Gold is extremely important. It helps to project a fair market value of Romios Stock properly, considering its historical fundamentals such as Current Asset. Since Romios Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Romios Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Romios Gold's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Romios Total Assets

Total Assets

246,680

At this time, Romios Gold's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Romios Gold Resources has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

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Romios Fundamentals

About Romios Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Romios Gold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Romios Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Romios Gold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Romios Stock Analysis

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