Spey Financial Statements From 2010 to 2024
| SPEYF Stock | USD 0.1 0.0004 0.42% |
Check Spey Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spey Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Spey financial statements analysis is a perfect complement when working with Spey Resources Valuation or Volatility modules.
Spey |
Spey Resources Corp Company Return On Equity Analysis
Spey 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 Spey Resources Return On Equity | -0.2 |
Most of Spey 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, Spey Resources Corp 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, Spey Resources Corp has a Return On Equity of -0.1972. This is 121.67% 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 36.39% lower than that of the firm.
Spey Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spey Resources's current stock value. Our valuation model uses many indicators to compare Spey Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spey Resources competition to find correlations between indicators driving Spey Resources's intrinsic value. More Info.Spey Resources Corp is rated fourth in return on equity category among its peers. It also is rated 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 Spey Resources' earnings, one of the primary drivers of an investment's value.About Spey Resources Financial Statements
Spey Resources stakeholders use historical fundamental indicators, such as Spey Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Spey Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spey Resources' assets and liabilities are reflected in the revenues and expenses on Spey 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 Spey Resources Corp. Please read more on our technical analysis and fundamental analysis pages.
Spey Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Spey Resources Corp. was incorporated in 2017 and is based in Vancouver, Canada. SPEY RESOURCES is traded on OTC Exchange in the United States.
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Other Information on Investing in Spey Pink Sheet
Spey Resources financial ratios help investors to determine whether Spey 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 Spey with respect to the benefits of owning Spey Resources security.