Premium Nickel Resources Stock Return On Asset
| PNRLF Stock | 0.26 0.00 0.00% |
Premium Nickel Resources fundamentals help investors to digest information that contributes to Premium Nickel's financial success or failures. It also enables traders to predict the movement of Premium Pink Sheet. The fundamental analysis module provides a way to measure Premium Nickel'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 Premium Nickel pink sheet.
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Premium Nickel Resources Company Return On Asset Analysis
Premium Nickel's 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 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.
CompetitionBased on the latest financial disclosure, Premium Nickel Resources has a Return On Asset of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The return on asset for all United States stocks is 100.0% lower than that of the firm.
Premium Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Premium Nickel's 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 Premium Nickel could also be used in its relative valuation, which is a method of valuing Premium Nickel by comparing valuation metrics of similar companies.Premium Nickel is currently under evaluation in return on asset category among its peers.
Premium Fundamentals
| EBITDA | (3.72 M) | |||
| Net Income | (4 M) | |||
| Cash Flow From Operations | (1.47 M) | |||
| Total Asset | 41.68 M | |||
| Net Asset | 41.68 M |
About Premium Nickel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Premium Nickel Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Premium Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Premium Nickel Resources 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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Other Information on Investing in Premium Pink Sheet
Premium Nickel financial ratios help investors to determine whether Premium Pink Sheet 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 Premium with respect to the benefits of owning Premium Nickel security.