Tonogold Resources Stock Fundamentals
| TNGL Stock | USD 0.02 0.0007 4.32% |
Tonogold Resources fundamentals help investors to digest information that contributes to Tonogold Resources' financial success or failures. It also enables traders to predict the movement of Tonogold Pink Sheet. The fundamental analysis module provides a way to measure Tonogold 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 Tonogold Resources pink sheet.
Tonogold |
Tonogold Resources Company Return On Equity Analysis
Tonogold 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 Tonogold Resources Return On Equity | -0.49 |
Most of Tonogold 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, Tonogold Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Tonogold Resources has a Return On Equity of -0.4901. This is 153.86% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is 58.1% higher than that of the company.
Tonogold Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tonogold Resources's current stock value. Our valuation model uses many indicators to compare Tonogold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tonogold Resources competition to find correlations between indicators driving Tonogold Resources's intrinsic value. More Info.Tonogold Resources 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 . 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 Tonogold Resources' earnings, one of the primary drivers of an investment's value.Tonogold Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tonogold Resources' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Tonogold Resources could also be used in its relative valuation, which is a method of valuing Tonogold Resources by comparing valuation metrics of similar companies.Tonogold Resources is currently under evaluation in return on equity category among its peers.
Tonogold Fundamentals
| Return On Equity | -0.49 | |||
| Return On Asset | -0.0526 | |||
| Current Valuation | 60.8 M | |||
| Shares Outstanding | 345.5 M | |||
| Price To Earning | (3.57) X | |||
| EBITDA | (1.58 M) | |||
| Net Income | (4.82 M) | |||
| Cash And Equivalents | 4.4 K | |||
| Total Debt | 11.51 M | |||
| Debt To Equity | 1.33 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (47.77 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 0.44 | |||
| Market Capitalization | 9.92 M | |||
| Total Asset | 210 K | |||
| Retained Earnings | (15.44 M) | |||
| Working Capital | (1.6 M) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 1.6 M |
About Tonogold Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tonogold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tonogold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tonogold 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.Tonogold Resources, Inc., a junior mining company, focuses on developing and maintaining mining leases on properties in Nevada. Tonogold Resources, Inc. based in Woodland hills, California. Tonogold Res operates under Gold classification in the United States and is traded on OTC Exchange.
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Tonogold Resources financial ratios help investors to determine whether Tonogold Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tonogold with respect to the benefits of owning Tonogold Resources security.