Xxix Metal Corp Stock Return On Asset
| XXIX Stock | 0.12 0.01 9.09% |
XXIX Metal Corp fundamentals help investors to digest information that contributes to XXIX Metal's financial success or failures. It also enables traders to predict the movement of XXIX Stock. The fundamental analysis module provides a way to measure XXIX Metal'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 XXIX Metal stock.
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XXIX Metal Corp Company Return On Asset Analysis
XXIX Metal'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.
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, XXIX Metal Corp has a Return On Asset of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Copper industry. The return on asset for all Canada stocks is 100.0% lower than that of the firm.
XXIX Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XXIX Metal'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 XXIX Metal could also be used in its relative valuation, which is a method of valuing XXIX Metal by comparing valuation metrics of similar companies.XXIX Metal is currently under evaluation in return on asset category among its peers.
About XXIX Metal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XXIX Metal Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XXIX Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XXIX Metal Corp 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 XXIX Stock Analysis
When running XXIX Metal's price analysis, check to measure XXIX Metal'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 XXIX Metal is operating at the current time. Most of XXIX Metal's value examination focuses on studying past and present price action to predict the probability of XXIX Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XXIX Metal's price. Additionally, you may evaluate how the addition of XXIX Metal to your portfolios can decrease your overall portfolio volatility.