Tectonic Financial Statements From 2010 to 2024
| TETOF Stock | USD 0.03 0.0007 2.08% |
Check Tectonic Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tectonic Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tectonic financial statements analysis is a perfect complement when working with Tectonic Metals Valuation or Volatility modules.
Tectonic |
Tectonic Metals OTC Stock Return On Equity Analysis
Tectonic Metals' 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 Tectonic Metals Return On Equity | -2.29 |
Most of Tectonic Metals' 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, Tectonic Metals 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, Tectonic Metals has a Return On Equity of -2.2889. This is 351.53% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is notably higher than that of the company.
Tectonic Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tectonic Metals's current stock value. Our valuation model uses many indicators to compare Tectonic Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tectonic Metals competition to find correlations between indicators driving Tectonic Metals's intrinsic value. More Info.Tectonic Metals is rated fifth in return on equity category among its peers. It also is rated fifth 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 Tectonic Metals' earnings, one of the primary drivers of an investment's value.About Tectonic Metals Financial Statements
Tectonic Metals stakeholders use historical fundamental indicators, such as Tectonic Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Tectonic Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tectonic Metals' assets and liabilities are reflected in the revenues and expenses on Tectonic Metals' 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 Tectonic Metals. Please read more on our technical analysis and fundamental analysis pages.
Tectonic Metals Inc. engages in the identification, acquisition, and exploration of mineral properties in the United States and Canada. The company was incorporated in 2017 and is headquartered in Vancouver, Canada. Tectonic Metals is traded on OTC Exchange in the United States.
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Other Information on Investing in Tectonic OTC Stock
Tectonic Metals financial ratios help investors to determine whether Tectonic OTC Stock 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 Tectonic with respect to the benefits of owning Tectonic Metals security.