Bravada Gold Stock Return On Asset

BVA Stock  CAD 0.02  0.01  33.33%   
Bravada Gold fundamentals help investors to digest information that contributes to Bravada Gold's financial success or failures. It also enables traders to predict the movement of Bravada Stock. The fundamental analysis module provides a way to measure Bravada 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 Bravada Gold stock.
Return On Assets is likely to drop to -2.43 in 2024.
  
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Bravada Gold Company Return On Asset Analysis

Bravada 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.

Return On Asset

 = 

Net Income

Total Assets

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Current Bravada Gold Return On Asset

    
  -0.54  
Most of Bravada 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, Bravada Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bravada Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Bravada Gold is extremely important. It helps to project a fair market value of Bravada Stock properly, considering its historical fundamentals such as Return On Asset. Since Bravada 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 Bravada 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 Bravada Gold's interrelated accounts and indicators.
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.
Competition

Bravada Total Assets

Total Assets

657,565

At this time, Bravada Gold's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Bravada Gold has a Return On Asset of -0.5431. This is 173.39% lower than that of the Metals & Mining sector and 90.68% lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.

Bravada Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bravada 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 Bravada Gold could also be used in its relative valuation, which is a method of valuing Bravada Gold by comparing valuation metrics of similar companies.
Bravada Gold is currently under evaluation in return on asset category among its peers.

Bravada Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Bravada Gold from analyzing Bravada Gold's financial statements. These drivers represent accounts that assess Bravada Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bravada Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap8.0M12.6M5.3M3.7M3.3M4.3M
Enterprise Value8.0M11.8M5.2M2.7M2.4M4.1M

Bravada Fundamentals

About Bravada Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bravada Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bravada Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bravada 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.

Thematic Opportunities

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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 Bravada Stock Analysis

When running Bravada Gold's price analysis, check to measure Bravada 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 Bravada Gold is operating at the current time. Most of Bravada Gold's value examination focuses on studying past and present price action to predict the probability of Bravada 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 Bravada Gold's price. Additionally, you may evaluate how the addition of Bravada Gold to your portfolios can decrease your overall portfolio volatility.