Northern Minerals Exploration Stock Return On Asset

NMEX Stock  USD 0.18  0.00  0.00%   
Northern Minerals Exploration fundamentals help investors to digest information that contributes to Northern Minerals' financial success or failures. It also enables traders to predict the movement of Northern Pink Sheet. The fundamental analysis module provides a way to measure Northern Minerals' 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 Northern Minerals pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Northern Minerals Exploration Company Return On Asset Analysis

Northern Minerals' 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

More About Return On Asset | All Equity Analysis

Current Northern Minerals Return On Asset

    
  -8.83  
Most of Northern Minerals' 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, Northern Minerals Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Northern Minerals Exploration has a Return On Asset of -8.8327. This is 1293.61% lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The return on asset for all United States stocks is notably higher than that of the company.

Northern Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Minerals' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Northern Minerals could also be used in its relative valuation, which is a method of valuing Northern Minerals by comparing valuation metrics of similar companies.
Northern Minerals is currently under evaluation in return on asset category among its peers.

Northern Fundamentals

About Northern Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northern Minerals Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Minerals Exploration 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Northern Pink Sheet Analysis

When running Northern Minerals' price analysis, check to measure Northern Minerals' 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 Northern Minerals is operating at the current time. Most of Northern Minerals' value examination focuses on studying past and present price action to predict the probability of Northern Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Minerals' price. Additionally, you may evaluate how the addition of Northern Minerals to your portfolios can decrease your overall portfolio volatility.