Outback Goldfields Corp Stock Return On Asset
| OZ Stock | 0.44 0.03 6.38% |
Outback Goldfields Corp fundamentals help investors to digest information that contributes to Outback Goldfields' financial success or failures. It also enables traders to predict the movement of Outback Stock. The fundamental analysis module provides a way to measure Outback Goldfields' 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 Outback Goldfields stock.
Return On Assets is likely to drop to -0.05 in 2025. Outback | Return On Asset |
Outback Goldfields Corp Company Return On Asset Analysis
Outback Goldfields' 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.
Current Outback Goldfields Return On Asset | -2.16 |
Most of Outback Goldfields' 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, Outback Goldfields Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outback Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Outback Goldfields is extremely important. It helps to project a fair market value of Outback Stock properly, considering its historical fundamentals such as Return On Asset. Since Outback Goldfields' 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 Outback Goldfields' 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 Outback Goldfields' interrelated accounts and indicators.
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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.
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Outback Total Assets
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Based on the latest financial disclosure, Outback Goldfields Corp has a Return On Asset of -2.1612. This is 392.05% lower than that of the Metals & Mining sector and notably higher than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
Outback Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Outback Goldfields' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Outback Goldfields could also be used in its relative valuation, which is a method of valuing Outback Goldfields by comparing valuation metrics of similar companies.Outback Goldfields is currently under evaluation in return on asset category among its peers.
Outback Fundamentals
| Return On Equity | -4.43 | ||||
| Return On Asset | -2.16 | ||||
| Current Valuation | 18.06 M | ||||
| Shares Outstanding | 41.48 M | ||||
| Shares Owned By Insiders | 64.91 % | ||||
| Shares Owned By Institutions | 9.30 % | ||||
| Number Of Shares Shorted | 45 | ||||
| Price To Book | 0.82 X | ||||
| EBITDA | (1.09 M) | ||||
| Net Income | (805.81 K) | ||||
| Total Debt | 115.98 K | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | (951.03 K) | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | (0.76) X | ||||
| Beta | 2.04 | ||||
| Market Capitalization | 18.25 M | ||||
| Total Asset | 16.7 M | ||||
| Retained Earnings | (19.36 M) | ||||
| Working Capital | 2.48 M | ||||
| Net Asset | 16.7 M |
About Outback Goldfields Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Outback Goldfields Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Outback Goldfields using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Outback Goldfields 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 Outback Stock Analysis
When running Outback Goldfields' price analysis, check to measure Outback Goldfields' 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 Outback Goldfields is operating at the current time. Most of Outback Goldfields' value examination focuses on studying past and present price action to predict the probability of Outback Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outback Goldfields' price. Additionally, you may evaluate how the addition of Outback Goldfields to your portfolios can decrease your overall portfolio volatility.