Romios Gold Resources Stock Net Income

RG Stock  CAD 0.01  0.01  50.00%   
Romios Gold Resources fundamentals help investors to digest information that contributes to Romios Gold's financial success or failures. It also enables traders to predict the movement of Romios Stock. The fundamental analysis module provides a way to measure Romios Gold'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 Romios Gold stock.
Last ReportedProjected for Next Year
Net Loss-2.4 M-2.3 M
Net Loss-828.3 K-869.8 K
Net Loss-1.1 M-1.2 M
Net Income Per E B T 0.81  0.62 
Net Loss is likely to climb to about (2.3 M) in 2024. Net Loss is likely to drop to about (869.8 K) in 2024.
  
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Romios Gold Resources Company Net Income Analysis

Romios Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Romios Gold Net Income

    
  (2.7 M)  
Most of Romios Gold's fundamental indicators, such as Net Income, 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, Romios Gold Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Romios Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Romios Gold is extremely important. It helps to project a fair market value of Romios Stock properly, considering its historical fundamentals such as Net Income. Since Romios Gold'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 Romios Gold'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 Romios Gold's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Romios Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

74,338.88

At this time, Romios Gold's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Romios Gold Resources reported net income of (2.7 Million). This is 77.58% lower than that of the Metals & Mining sector and 98.05% lower than that of the Materials industry. The net income for all Canada stocks is 100.47% higher than that of the company.

Romios Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Romios Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Romios Gold could also be used in its relative valuation, which is a method of valuing Romios Gold by comparing valuation metrics of similar companies.
Romios Gold is currently under evaluation in net income category among its peers.

Romios Fundamentals

About Romios Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Romios Gold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Romios Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Romios Gold 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.

Thematic Opportunities

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Additional Tools for Romios Stock Analysis

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