InZinc Mining Return On Equity vs. Current Ratio

LTH Stock   0.76  0.01  1.33%   
Considering the key profitability indicators obtained from InZinc Mining's historical financial statements, InZinc Mining may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess InZinc Mining's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(7.86)
Current Value
(7.47)
Quarterly Volatility
2.64491961
 
Credit Downgrade
 
Yuan Drop
 
Covid
For InZinc Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of InZinc Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well InZinc Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between InZinc Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of InZinc Mining over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between InZinc Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if InZinc Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InZinc Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

InZinc Mining Current Ratio vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining InZinc Mining's current stock value. Our valuation model uses many indicators to compare InZinc Mining value to that of its competitors to determine the firm's financial worth.
InZinc Mining is rated fifth overall in return on equity category among its peers. It is currently regarded as number one stock in current ratio category among its peers . At this time, InZinc Mining's Return On Equity is fairly stable compared to the past year. 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 InZinc Mining's earnings, one of the primary drivers of an investment's value.

InZinc Current Ratio vs. Return On Equity

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.

InZinc Mining

Return On Equity

 = 

Net Income

Total Equity

 = 
-10.61
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

InZinc Mining

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
39.73 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

InZinc Current Ratio Comparison

InZinc Mining is currently under evaluation in current ratio category among its peers.

InZinc Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in InZinc Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, InZinc Mining will eventually generate negative long term returns. The profitability progress is the general direction of InZinc Mining's change in net profit over the period of time. It can combine multiple indicators of InZinc Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income12.9 M7.6 M
Operating Income-64.8 M-61.6 M
Income Before Tax-64.3 M-61.1 M
Total Other Income Expense Net493.9 K518.6 K
Net Loss-1.4 M-1.5 M
Net Loss-64.3 M-61.1 M
Income Tax Expense5.5 M5.7 M
Net Interest Income785.3 K681.7 K
Interest Income819.9 K703.7 K
Net Loss-64.3 M-67.5 M
Change To Netincome108 K96 K
Net Loss(0.50)(0.53)
Income Quality 0.70  0.73 
Net Income Per E B T 1.06  0.94 

InZinc Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on InZinc Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of InZinc Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the InZinc Mining's important profitability drivers and their relationship over time.

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Balance Of Power

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Asset Allocation ETFs Theme
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Additional Tools for InZinc Stock Analysis

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