Adex Mining Stock Return On Equity

ADE Stock  CAD 0.01  0.01  50.00%   
Adex Mining fundamentals help investors to digest information that contributes to Adex Mining's financial success or failures. It also enables traders to predict the movement of Adex Stock. The fundamental analysis module provides a way to measure Adex Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Adex Mining stock.
  
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Adex Mining Company Return On Equity Analysis

Adex Mining'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis
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

Adex Total Stockholder Equity

Total Stockholder Equity

(4.89 Million)

Adex Mining reported Total Stockholder Equity of (5.15 Million) in 2023
Based on the latest financial disclosure, Adex Mining has a Return On Equity of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The return on equity for all Canada stocks is 100.0% lower than that of the firm.

Adex Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adex Mining's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Adex Mining could also be used in its relative valuation, which is a method of valuing Adex Mining by comparing valuation metrics of similar companies.
Adex Mining is currently under evaluation in return on equity category among its peers.

Adex Fundamentals

About Adex Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Adex Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adex Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adex Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Adex Stock Analysis

When running Adex Mining's price analysis, check to measure Adex Mining'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 Adex Mining is operating at the current time. Most of Adex Mining's value examination focuses on studying past and present price action to predict the probability of Adex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adex Mining's price. Additionally, you may evaluate how the addition of Adex Mining to your portfolios can decrease your overall portfolio volatility.