Richmond Minerals Stock Return On Equity
RMD Stock | CAD 0.03 0.00 0.00% |
Richmond Minerals fundamentals help investors to digest information that contributes to Richmond Minerals' financial success or failures. It also enables traders to predict the movement of Richmond Stock. The fundamental analysis module provides a way to measure Richmond Minerals' 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 Richmond Minerals stock.
Richmond | Return On Equity |
Richmond Minerals Company Return On Equity Analysis
Richmond Minerals' 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 Richmond Minerals Return On Equity | -0.54 |
Most of Richmond Minerals' 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, Richmond Minerals 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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Richmond Total Stockholder Equity
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Based on the latest financial disclosure, Richmond Minerals has a Return On Equity of -0.5399. This is 159.33% lower than that of the Metals & Mining sector and 212.48% lower than that of the Materials industry. The return on equity for all Canada stocks is 74.16% higher than that of the company.
Richmond Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Richmond Minerals' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Richmond Minerals could also be used in its relative valuation, which is a method of valuing Richmond Minerals by comparing valuation metrics of similar companies.Richmond Minerals is currently under evaluation in return on equity category among its peers.
Richmond Fundamentals
Return On Equity | -0.54 | ||||
Return On Asset | -0.24 | ||||
Current Valuation | 672.57 K | ||||
Shares Outstanding | 36.21 M | ||||
Shares Owned By Insiders | 44.90 % | ||||
Number Of Shares Shorted | 338 | ||||
Price To Earning | (12.22) X | ||||
Price To Book | 0.43 X | ||||
EBITDA | (131.14 K) | ||||
Net Income | (760.04 K) | ||||
Cash And Equivalents | (96.58 K) | ||||
Total Debt | 300 K | ||||
Current Ratio | 0.32 X | ||||
Book Value Per Share | 0.06 X | ||||
Cash Flow From Operations | (232.56 K) | ||||
Short Ratio | 0.03 X | ||||
Earnings Per Share | (0.05) X | ||||
Beta | 0.71 | ||||
Market Capitalization | 905.34 K | ||||
Total Asset | 2.81 M | ||||
Retained Earnings | (19.56 M) | ||||
Working Capital | (64.69 K) | ||||
Net Asset | 2.81 M |
About Richmond Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Richmond Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Richmond Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Richmond Minerals 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 Richmond Stock Analysis
When running Richmond Minerals' price analysis, check to measure Richmond Minerals' 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 Richmond Minerals is operating at the current time. Most of Richmond Minerals' value examination focuses on studying past and present price action to predict the probability of Richmond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richmond Minerals' price. Additionally, you may evaluate how the addition of Richmond Minerals to your portfolios can decrease your overall portfolio volatility.