Tinka Resources Limited Stock Fundamentals
| TK Stock | CAD 0.10 0.00 0.00% |
Tinka Resources Limited fundamentals help investors to digest information that contributes to Tinka Resources' financial success or failures. It also enables traders to predict the movement of Tinka Stock. The fundamental analysis module provides a way to measure Tinka 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 Tinka Resources stock.
At this time, Tinka Resources' Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 311.9 K in 2024, whereas Operating Income is likely to drop (1.6 M) in 2024. Tinka | Select Account or Indicator |
Tinka Resources Limited Company Return On Equity Analysis
Tinka Resources' 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.
Current Tinka Resources Return On Equity | -0.0157 |
Most of Tinka Resources' 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, Tinka Resources Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tinka Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Tinka Resources is extremely important. It helps to project a fair market value of Tinka Stock properly, considering its historical fundamentals such as Return On Equity. Since Tinka 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 Tinka 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 Tinka Resources' interrelated accounts and indicators.
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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.
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Tinka Total Stockholder Equity
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Based on the latest financial disclosure, Tinka Resources Limited has a Return On Equity of -0.0157. This is 101.73% lower than that of the Metals & Mining sector and 103.27% lower than that of the Materials industry. The return on equity for all Canada stocks is 94.94% lower than that of the firm.
Tinka Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tinka Resources's current stock value. Our valuation model uses many indicators to compare Tinka Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tinka Resources competition to find correlations between indicators driving Tinka Resources's intrinsic value. More Info.Tinka Resources Limited is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Tinka Resources' Return On Equity is fairly stable compared to the past year. 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 Tinka Resources' earnings, one of the primary drivers of an investment's value.Tinka Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tinka Resources' 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 Tinka Resources could also be used in its relative valuation, which is a method of valuing Tinka Resources by comparing valuation metrics of similar companies.Tinka Resources is currently under evaluation in return on equity category among its peers.
Tinka Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tinka Resources from analyzing Tinka Resources' financial statements. These drivers represent accounts that assess Tinka Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tinka Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 42.3M | 60.5M | 61.3M | 46.5M | 41.9M | 44.0M | |
| Enterprise Value | 35.5M | 47.7M | 57.3M | 36.9M | 33.2M | 17.5M |
Tinka Fundamentals
| Return On Equity | -0.0157 | |||
| Return On Asset | -0.0129 | |||
| Current Valuation | 33.95 M | |||
| Shares Outstanding | 391.3 M | |||
| Shares Owned By Insiders | 39.22 % | |||
| Shares Owned By Institutions | 20.01 % | |||
| Number Of Shares Shorted | 4.88 K | |||
| Price To Book | 0.50 X | |||
| EBITDA | (1.72 M) | |||
| Net Income | (1.46 M) | |||
| Cash And Equivalents | 11.05 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 656.9 K | |||
| Current Ratio | 20.05 X | |||
| Book Value Per Share | 0.19 X | |||
| Cash Flow From Operations | (1.28 M) | |||
| Short Ratio | 0.01 X | |||
| Target Price | 0.63 | |||
| Beta | 1.41 | |||
| Market Capitalization | 37.17 M | |||
| Total Asset | 76.47 M | |||
| Retained Earnings | (36.52 M) | |||
| Working Capital | 17.3 M | |||
| Net Asset | 76.47 M |
About Tinka Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tinka Resources Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tinka Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tinka Resources 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.| Last Reported | Projected for Next Year | ||
| Ebit Per Revenue | -1 K | -1.1 K |
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Additional Tools for Tinka Stock Analysis
When running Tinka Resources' price analysis, check to measure Tinka 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 Tinka Resources is operating at the current time. Most of Tinka Resources' value examination focuses on studying past and present price action to predict the probability of Tinka Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tinka Resources' price. Additionally, you may evaluate how the addition of Tinka Resources to your portfolios can decrease your overall portfolio volatility.