Highland Copper Stock Return On Equity
| HI Stock | CAD 0.09 0.01 5.56% |
Highland Copper fundamentals help investors to digest information that contributes to Highland Copper's financial success or failures. It also enables traders to predict the movement of Highland Stock. The fundamental analysis module provides a way to measure Highland Copper'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 Highland Copper stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.46 | (0.18) |
Highland | Return On Equity |
Highland Copper Company Return On Equity Analysis
Highland Copper'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.
Current Highland Copper Return On Equity | 0.6 |
Most of Highland Copper's 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, Highland Copper is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Highland Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Highland Copper is extremely important. It helps to project a fair market value of Highland Stock properly, considering its historical fundamentals such as Return On Equity. Since Highland Copper'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 Highland Copper'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 Highland Copper's interrelated accounts and indicators.
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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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Highland Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Highland Copper has a Return On Equity of 0.5998. This is 34.09% lower than that of the Metals & Mining sector and 70.74% lower than that of the Materials industry. The return on equity for all Canada stocks is notably lower than that of the firm.
Highland Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highland Copper'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 Highland Copper could also be used in its relative valuation, which is a method of valuing Highland Copper by comparing valuation metrics of similar companies.Highland Copper is currently under evaluation in return on equity category among its peers.
Highland Copper Current Valuation Drivers
We derive many important indicators used in calculating different scores of Highland Copper from analyzing Highland Copper's financial statements. These drivers represent accounts that assess Highland Copper's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Highland Copper's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 8.7M | 47.7M | 55.9M | 36.1M | 67.8M | 2.8M | |
| Enterprise Value | 30.3M | 68.6M | 42.9M | 29.1M | 50.0M | (12.7M) |
Highland Fundamentals
| Return On Equity | 0.6 | ||||
| Return On Asset | -0.19 | ||||
| Current Valuation | 46.2 M | ||||
| Shares Outstanding | 736.36 M | ||||
| Shares Owned By Insiders | 0.71 % | ||||
| Shares Owned By Institutions | 60.01 % | ||||
| Number Of Shares Shorted | 4.77 K | ||||
| Price To Earning | (4.60) X | ||||
| Price To Book | 0.95 X | ||||
| EBITDA | (13.42 M) | ||||
| Net Income | 24.2 M | ||||
| Cash And Equivalents | 111.22 K | ||||
| Total Debt | 5.92 M | ||||
| Debt To Equity | 50.20 % | ||||
| Current Ratio | 0.04 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (11.82 M) | ||||
| Short Ratio | 0.42 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 0.21 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 62.59 M | ||||
| Total Asset | 58.63 M | ||||
| Retained Earnings | (48.63 M) | ||||
| Working Capital | 19.33 M | ||||
| Net Asset | 58.63 M |
About Highland Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Highland Copper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highland Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highland Copper 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 Highland Stock Analysis
When running Highland Copper's price analysis, check to measure Highland Copper'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 Highland Copper is operating at the current time. Most of Highland Copper's value examination focuses on studying past and present price action to predict the probability of Highland Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highland Copper's price. Additionally, you may evaluate how the addition of Highland Copper to your portfolios can decrease your overall portfolio volatility.