Nevada Financial Statements From 2010 to 2025
| NKG Stock | CAD 0.27 0.02 8.00% |
Check Nevada King financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nevada King's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nevada financial statements analysis is a perfect complement when working with Nevada King Valuation or Volatility modules.
Nevada |
Nevada King Gold Company Return On Equity Analysis
Nevada King'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 Nevada King Return On Equity | -0.65 |
Most of Nevada King'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, Nevada King Gold 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.
| Competition |
Based on the latest financial disclosure, Nevada King Gold has a Return On Equity of -0.6451. This is 170.89% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Canada stocks is 108.1% higher than that of the company.
Nevada King Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nevada King's current stock value. Our valuation model uses many indicators to compare Nevada King value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nevada King competition to find correlations between indicators driving Nevada King's intrinsic value. More Info.Nevada King Gold is regarded fourth in return on equity category among its peers. It also is regarded fourth 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 Nevada King's earnings, one of the primary drivers of an investment's value.About Nevada King Financial Statements
Nevada King investors use historical fundamental indicators, such as Nevada King's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nevada King. Please read more on our technical analysis and fundamental analysis pages.
Nevada King Gold Corp engages in the acquisition, exploration, and evaluation of resource properties in Nevada. The company was formerly known as Victory Metals Inc. and changed its name to Nevada King Gold Corp in April 2021. NEVADA KING is traded on Commodity Exchange in Exotistan.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Nevada Stock Analysis
When running Nevada King's price analysis, check to measure Nevada King'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 Nevada King is operating at the current time. Most of Nevada King's value examination focuses on studying past and present price action to predict the probability of Nevada King's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada King's price. Additionally, you may evaluate how the addition of Nevada King to your portfolios can decrease your overall portfolio volatility.