Goldbank Mining Corp Stock Return On Equity
GLB Stock | CAD 0.18 0.05 21.74% |
Goldbank Mining Corp fundamentals help investors to digest information that contributes to Goldbank Mining's financial success or failures. It also enables traders to predict the movement of Goldbank Stock. The fundamental analysis module provides a way to measure Goldbank 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 Goldbank Mining stock.
Goldbank | Return On Equity |
Goldbank Mining Corp Company Return On Equity Analysis
Goldbank 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.
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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Goldbank Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Goldbank Mining Corp has a Return On Equity of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The return on equity for all Canada stocks is 100.0% lower than that of the firm.
Goldbank Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goldbank 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 Goldbank Mining could also be used in its relative valuation, which is a method of valuing Goldbank Mining by comparing valuation metrics of similar companies.Goldbank Mining is currently under evaluation in return on equity category among its peers.
Goldbank Fundamentals
Return On Asset | -0.0851 | ||||
Current Valuation | 29.72 M | ||||
Shares Outstanding | 170.82 M | ||||
Shares Owned By Insiders | 65.12 % | ||||
Number Of Shares Shorted | 384 | ||||
Price To Earning | (5.22) X | ||||
Price To Book | 7.07 X | ||||
Gross Profit | (4.6 K) | ||||
EBITDA | (807.67 K) | ||||
Net Income | (2.86 M) | ||||
Cash And Equivalents | 387.11 K | ||||
Total Debt | 5 K | ||||
Debt To Equity | 8.85 % | ||||
Current Ratio | 0.05 X | ||||
Book Value Per Share | (0.04) X | ||||
Cash Flow From Operations | (2.21 M) | ||||
Short Ratio | 0.24 X | ||||
Earnings Per Share | (0.02) X | ||||
Beta | 0.46 | ||||
Market Capitalization | 29.89 M | ||||
Total Asset | 6.09 M | ||||
Retained Earnings | (37.63 M) | ||||
Working Capital | (11.93 M) | ||||
Net Asset | 6.09 M |
About Goldbank Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goldbank Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goldbank Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goldbank Mining Corp 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 Goldbank Stock Analysis
When running Goldbank Mining's price analysis, check to measure Goldbank 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 Goldbank Mining is operating at the current time. Most of Goldbank Mining's value examination focuses on studying past and present price action to predict the probability of Goldbank 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 Goldbank Mining's price. Additionally, you may evaluate how the addition of Goldbank Mining to your portfolios can decrease your overall portfolio volatility.