True North Gems Stock Fundamentals
| TGX Stock | CAD 0.05 0.00 0.00% |
True North Gems fundamentals help investors to digest information that contributes to True North's financial success or failures. It also enables traders to predict the movement of True Stock. The fundamental analysis module provides a way to measure True North'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 True North stock.
Tax Provision is likely to climb to 3,912 in 2024, whereas Discontinued Operations is likely to drop (92.4 K) in 2024. True | Select Account or Indicator |
True North Gems Company Return On Asset Analysis
True North'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.
Current True North Return On Asset | -0.95 |
Most of True North's 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, True North Gems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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Based on the latest financial disclosure, True North Gems has a Return On Asset of -0.9529. This is 228.77% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
True North Gems Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining True North's current stock value. Our valuation model uses many indicators to compare True North value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across True North competition to find correlations between indicators driving True North's intrinsic value. More Info.True North Gems is rated fourth in return on asset category among its peers. It is rated fifth in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the True North's earnings, one of the primary drivers of an investment's value.True Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses True North's 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 True North could also be used in its relative valuation, which is a method of valuing True North by comparing valuation metrics of similar companies.True North is currently under evaluation in return on asset category among its peers.
True Fundamentals
| Return On Asset | -0.95 | ||||
| Current Valuation | 8.33 M | ||||
| Shares Outstanding | 33.58 M | ||||
| Shares Owned By Insiders | 1.90 % | ||||
| Number Of Shares Shorted | 20 | ||||
| Price To Earning | 7.50 X | ||||
| Price To Book | 0.05 X | ||||
| Gross Profit | 28.5 K | ||||
| EBITDA | (129.15 K) | ||||
| Net Income | (276.59 K) | ||||
| Cash And Equivalents | 34.37 K | ||||
| Total Debt | 6.8 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 0.01 X | ||||
| Book Value Per Share | (0.20) X | ||||
| Cash Flow From Operations | 16.66 K | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 1.68 M | ||||
| Total Asset | 88.72 K | ||||
| Retained Earnings | (74.02 M) | ||||
| Working Capital | 55.82 K | ||||
| Net Asset | 88.72 K |
About True North Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze True North Gems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of True North using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of True North Gems 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.| Last Reported | Projected for Next Year |
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Additional Tools for True Stock Analysis
When running True North's price analysis, check to measure True North'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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.