Rockridge Financial Statements From 2010 to 2025
| RRRLF Stock | USD 0.01 0.00 0.00% |
Check Rockridge Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rockridge Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Rockridge financial statements analysis is a perfect complement when working with Rockridge Resources Valuation or Volatility modules.
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Rockridge Resources Company Return On Equity Analysis
Rockridge Resources' 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 Rockridge Resources Return On Equity | -0.2 |
Most of Rockridge Resources' 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, Rockridge Resources 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.
CompetitionBased on the latest financial disclosure, Rockridge Resources has a Return On Equity of -0.201. This is 122.09% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 35.16% lower than that of the firm.
Rockridge Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rockridge Resources's current stock value. Our valuation model uses many indicators to compare Rockridge Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rockridge Resources competition to find correlations between indicators driving Rockridge Resources's intrinsic value. More Info.Rockridge Resources is rated below average in return on equity category among its peers. It is rated below average 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 Rockridge Resources' earnings, one of the primary drivers of an investment's value.About Rockridge Resources Financial Statements
Rockridge Resources stakeholders use historical fundamental indicators, such as Rockridge Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Rockridge Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rockridge Resources' assets and liabilities are reflected in the revenues and expenses on Rockridge Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rockridge Resources. Please read more on our technical analysis and fundamental analysis pages.
Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Rockridge Resources Ltd. was incorporated in 2015 and is headquartered in Vancouver, Canada. Rockridge Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Rockridge Pink Sheet
Rockridge Resources financial ratios help investors to determine whether Rockridge Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rockridge with respect to the benefits of owning Rockridge Resources security.