Nextsource Materials Stock Return On Asset

NSRCF Stock  USD 0.33  0.01  2.94%   
NextSource Materials fundamentals help investors to digest information that contributes to NextSource Materials' financial success or failures. It also enables traders to predict the movement of NextSource OTC Stock. The fundamental analysis module provides a way to measure NextSource Materials' 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 NextSource Materials otc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NextSource Materials OTC Stock Return On Asset Analysis

NextSource Materials' 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 NextSource Materials Return On Asset

    
  -0.0716  
Most of NextSource Materials' 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, NextSource Materials 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, NextSource Materials has a Return On Asset of -0.0716. This is 109.68% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all United States stocks is 48.86% lower than that of the firm.

NextSource Return On Asset Peer Comparison

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

NextSource Fundamentals

About NextSource Materials Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NextSource Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NextSource Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NextSource Materials based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in NextSource OTC Stock

NextSource Materials financial ratios help investors to determine whether NextSource OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NextSource with respect to the benefits of owning NextSource Materials security.