Northgold Financial Statements From 2010 to 2024
| NG Stock | 0.66 0.05 7.04% |
Check Northgold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northgold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Northgold financial statements analysis is a perfect complement when working with Northgold Valuation or Volatility modules.
Northgold |
Northgold AB Company Return On Equity Analysis
Northgold's 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 Northgold Return On Equity | 3.28 |
Most of Northgold's 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, Northgold AB 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, Northgold AB has a Return On Equity of 3.2794. This is much higher than that of the sector and significantly higher than that of the Gold industry. The return on equity for all Sweden stocks is notably lower than that of the firm.
Northgold AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northgold's current stock value. Our valuation model uses many indicators to compare Northgold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northgold competition to find correlations between indicators driving Northgold's intrinsic value. More Info.Northgold AB is considered to be number one stock in return on equity category among its peers. It also is rated top company in current valuation category among its peers reporting about 42,768,874 of Current Valuation per Return On Equity. 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 Northgold's earnings, one of the primary drivers of an investment's value.About Northgold Financial Statements
Northgold shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Northgold investors may analyze each financial statement separately, they are all interrelated. The changes in Northgold's assets and liabilities, for example, are also reflected in the revenues and expenses on on Northgold's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Additional Tools for Northgold Stock Analysis
When running Northgold's price analysis, check to measure Northgold'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 Northgold is operating at the current time. Most of Northgold's value examination focuses on studying past and present price action to predict the probability of Northgold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northgold's price. Additionally, you may evaluate how the addition of Northgold to your portfolios can decrease your overall portfolio volatility.