Rockridge Resources Stock Gross Profit
| ROCK Stock | CAD 0.02 0.01 33.33% |
Rockridge Resources fundamentals help investors to digest information that contributes to Rockridge Resources' financial success or failures. It also enables traders to predict the movement of Rockridge Stock. The fundamental analysis module provides a way to measure Rockridge Resources' 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 Rockridge Resources stock.
Rockridge | Gross Profit |
Rockridge Resources Company Gross Profit Analysis
Rockridge Resources' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Rockridge Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Rockridge Resources is extremely important. It helps to project a fair market value of Rockridge Stock properly, considering its historical fundamentals such as Gross Profit. Since Rockridge Resources' 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 Rockridge Resources' 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 Rockridge Resources' interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Rockridge Resources reported 0.0 of gross profit. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The gross profit for all Canada stocks is 100.0% higher than that of the company.
Rockridge Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rockridge Resources' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rockridge Resources could also be used in its relative valuation, which is a method of valuing Rockridge Resources by comparing valuation metrics of similar companies.Rockridge Resources is currently under evaluation in gross profit category among its peers.
Rockridge Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Rockridge Resources from analyzing Rockridge Resources' financial statements. These drivers represent accounts that assess Rockridge Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rockridge Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.5M | 7.2M | 4.6M | 3.2M | 2.9M | 3.3M | |
| Enterprise Value | 4.0M | 6.7M | 3.6M | 2.5M | 2.3M | 2.7M |
Rockridge Fundamentals
| Return On Equity | -0.0673 | ||||
| Return On Asset | -0.0528 | ||||
| Current Valuation | 1.7 M | ||||
| Shares Outstanding | 125.01 M | ||||
| Shares Owned By Insiders | 7.00 % | ||||
| Number Of Shares Shorted | 419.56 K | ||||
| Price To Book | 0.30 X | ||||
| EBITDA | (895.21 K) | ||||
| Net Income | (728.38 K) | ||||
| Cash And Equivalents | 159.76 K | ||||
| Total Debt | 209.94 K | ||||
| Current Ratio | 10.12 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (786.15 K) | ||||
| Beta | 1.88 | ||||
| Market Capitalization | 1.88 M | ||||
| Total Asset | 6.95 M | ||||
| Retained Earnings | (6.24 M) | ||||
| Working Capital | 748.06 K | ||||
| Net Asset | 6.95 M |
About Rockridge Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rockridge Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rockridge Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rockridge 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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Additional Tools for Rockridge Stock Analysis
When running Rockridge Resources' price analysis, check to measure Rockridge Resources' 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.