Artemis Gold Stock Return On Asset
| ARTG Stock | CAD 14.11 0.28 2.02% |
Artemis Gold fundamentals help investors to digest information that contributes to Artemis Gold's financial success or failures. It also enables traders to predict the movement of Artemis Stock. The fundamental analysis module provides a way to measure Artemis Gold'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 Artemis Gold stock.
Return On Assets is likely to climb to -0.0097 in 2024. Artemis | Return On Asset |
Artemis Gold Company Return On Asset Analysis
Artemis Gold's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Artemis Gold Return On Asset | -0.0089 |
Most of Artemis Gold's fundamental indicators, such as Return On Asset, 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, Artemis Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Artemis Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Artemis Gold is extremely important. It helps to project a fair market value of Artemis Stock properly, considering its historical fundamentals such as Return On Asset. Since Artemis Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Artemis Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Artemis Gold's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Artemis Total Assets
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Based on the latest financial disclosure, Artemis Gold has a Return On Asset of -0.0089. This is 101.2% lower than that of the Metals & Mining sector and 70.33% lower than that of the Materials industry. The return on asset for all Canada stocks is 93.64% lower than that of the firm.
Artemis Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Artemis Gold's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Artemis Gold could also be used in its relative valuation, which is a method of valuing Artemis Gold by comparing valuation metrics of similar companies.Artemis Gold is currently under evaluation in return on asset category among its peers.
Artemis Fundamentals
| Return On Equity | -0.0453 | ||||
| Return On Asset | -0.0089 | ||||
| Current Valuation | 3.63 B | ||||
| Shares Outstanding | 225.03 M | ||||
| Shares Owned By Insiders | 33.54 % | ||||
| Shares Owned By Institutions | 22.00 % | ||||
| Number Of Shares Shorted | 836.12 K | ||||
| Price To Earning | 5.46 X | ||||
| Price To Book | 5.22 X | ||||
| EBITDA | (13.31 M) | ||||
| Net Income | (11.45 M) | ||||
| Cash And Equivalents | 204.73 M | ||||
| Cash Per Share | 1.33 X | ||||
| Total Debt | 164.84 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.56 X | ||||
| Book Value Per Share | 2.65 X | ||||
| Cash Flow From Operations | (4.92 M) | ||||
| Short Ratio | 2.67 X | ||||
| Earnings Per Share | (0.13) X | ||||
| Target Price | 19.69 | ||||
| Beta | 1.35 | ||||
| Market Capitalization | 3.18 B | ||||
| Total Asset | 1.12 B | ||||
| Retained Earnings | (44.44 M) | ||||
| Working Capital | 109.78 M | ||||
| Net Asset | 1.12 B |
About Artemis Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Artemis Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Artemis Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Artemis Gold 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.
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Additional Tools for Artemis Stock Analysis
When running Artemis Gold's price analysis, check to measure Artemis Gold'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 Artemis Gold is operating at the current time. Most of Artemis Gold's value examination focuses on studying past and present price action to predict the probability of Artemis Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artemis Gold's price. Additionally, you may evaluate how the addition of Artemis Gold to your portfolios can decrease your overall portfolio volatility.