Rugby Mining Limited Stock Return On Equity

RUG Stock  CAD 0.05  0.01  11.11%   
Rugby Mining Limited fundamentals help investors to digest information that contributes to Rugby Mining's financial success or failures. It also enables traders to predict the movement of Rugby Stock. The fundamental analysis module provides a way to measure Rugby Mining'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 Rugby Mining stock.
Last ReportedProjected for Next Year
Return On Equity(3.39)(3.22)
Return On Equity is likely to climb to -3.22 in 2024.
  
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Rugby Mining Limited Company Return On Equity Analysis

Rugby Mining's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Rugby Mining Return On Equity

    
  -6.48  
Most of Rugby Mining's fundamental indicators, such as Return On Equity, 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, Rugby Mining Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Rugby Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Rugby Mining is extremely important. It helps to project a fair market value of Rugby Stock properly, considering its historical fundamentals such as Return On Equity. Since Rugby Mining'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 Rugby Mining'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 Rugby Mining's interrelated accounts and indicators.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Rugby Total Stockholder Equity

Total Stockholder Equity

1.68 Million

At this time, Rugby Mining's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Rugby Mining Limited has a Return On Equity of -6.4756. This is 811.6% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.

Rugby Return On Equity Peer Comparison

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

Rugby Fundamentals

About Rugby Mining Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Rugby Stock Analysis

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