Corella Resources Stock Return On Equity
| CR9 Stock | 0 0.00 0.00% |
Corella Resources fundamentals help investors to digest information that contributes to Corella Resources' financial success or failures. It also enables traders to predict the movement of Corella Stock. The fundamental analysis module provides a way to measure Corella Resources' 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 Corella Resources stock.
Corella | Return On Equity |
Corella Resources Company Return On Equity Analysis
Corella 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 Corella Resources Return On Equity | -0.3 |
Most of Corella 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, Corella Resources 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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Corella Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Corella Resources has a Return On Equity of -0.3027. This is 133.26% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Australia stocks is 2.35% lower than that of the firm.
Corella Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Corella Resources' 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 Corella Resources could also be used in its relative valuation, which is a method of valuing Corella Resources by comparing valuation metrics of similar companies.Corella Resources is currently under evaluation in return on equity category among its peers.
Corella Fundamentals
| Return On Equity | -0.3 | ||||
| Return On Asset | -0.16 | ||||
| Current Valuation | 683.68 K | ||||
| Shares Outstanding | 467.74 M | ||||
| Shares Owned By Insiders | 44.88 % | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 205.72 X | ||||
| Revenue | 45.22 K | ||||
| EBITDA | (1.1 M) | ||||
| Net Income | (1.24 M) | ||||
| Cash And Equivalents | 2.42 M | ||||
| Total Debt | 5.23 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (1.07 M) | ||||
| Beta | 0.2 | ||||
| Market Capitalization | 1.4 M | ||||
| Total Asset | 3.7 M | ||||
| Retained Earnings | (4.26 M) | ||||
| Working Capital | 2.3 M | ||||
| Net Asset | 3.7 M |
About Corella Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Corella Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corella Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corella Resources 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 Corella Stock Analysis
When running Corella Resources' price analysis, check to measure Corella Resources' 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 Corella Resources is operating at the current time. Most of Corella Resources' value examination focuses on studying past and present price action to predict the probability of Corella Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corella Resources' price. Additionally, you may evaluate how the addition of Corella Resources to your portfolios can decrease your overall portfolio volatility.