Group Eleven Resources Stock Net Income

ZNG Stock  CAD 0.17  0.00  0.00%   
Group Eleven Resources fundamentals help investors to digest information that contributes to Group Eleven's financial success or failures. It also enables traders to predict the movement of Group Stock. The fundamental analysis module provides a way to measure Group Eleven'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 Group Eleven stock.
Last ReportedProjected for Next Year
Net Loss-2.5 M-2.6 M
Net Loss-2.5 M-2.7 M
Net Loss-2.2 M-2.3 M
Net Loss(0.01)(0.02)
Net Income Per E B T 0.98  0.76 
Net Loss is likely to drop to about (2.6 M) in 2024. Net Loss is likely to drop to about (2.7 M) in 2024.
  
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Group Eleven Resources Company Net Income Analysis

Group Eleven's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Group Eleven Net Income

    
  (2.49 M)  
Most of Group Eleven's fundamental indicators, such as Net Income, 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, Group Eleven Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Group Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Group Eleven is extremely important. It helps to project a fair market value of Group Stock properly, considering its historical fundamentals such as Net Income. Since Group Eleven'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 Group Eleven'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 Group Eleven's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Group Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

709,499

At this time, Group Eleven's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Group Eleven Resources reported net income of (2.49 Million). This is 79.35% lower than that of the Metals & Mining sector and 100.2% lower than that of the Materials industry. The net income for all Canada stocks is 100.44% higher than that of the company.

Group Net Income Peer Comparison

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

Group Eleven Current Valuation Drivers

We derive many important indicators used in calculating different scores of Group Eleven from analyzing Group Eleven's financial statements. These drivers represent accounts that assess Group Eleven's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Group Eleven's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.8M8.3M15.1M10.1M9.1M6.6M
Enterprise Value3.0M6.0M14.2M9.0M8.1M5.2M

Group Fundamentals

About Group Eleven Fundamental Analysis

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

Thematic Opportunities

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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 Group Stock Analysis

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