Avarone Metals Stock Return On Equity
| AVRTF Stock | USD 0 0.00 0.00% |
Fundamental analysis of Avarone Metals allows traders to better anticipate movements in Avarone Metals' stock price by examining its financial health and performance throughout various phases of its business cycle.
Avarone |
Avarone Metals Company Return On Equity Analysis
Avarone Metals' 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.
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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Based on the latest financial disclosure, Avarone Metals has a Return On Equity of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Avarone Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avarone Metals' 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 Avarone Metals could also be used in its relative valuation, which is a method of valuing Avarone Metals by comparing valuation metrics of similar companies.Avarone Metals is currently under evaluation in return on equity category among its peers.
Avarone Fundamentals
| Return On Asset | -1.04 | |||
| Current Valuation | 1.67 M | |||
| Shares Outstanding | 91.41 M | |||
| Shares Owned By Insiders | 5.25 % | |||
| Price To Book | 10.73 X | |||
| EBITDA | (89.67 K) | |||
| Net Income | (231.84 K) | |||
| Cash And Equivalents | 24.38 K | |||
| Total Debt | 31.63 K | |||
| Debt To Equity | 0.62 % | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | 75.72 K | |||
| Earnings Per Share | (0) X | |||
| Beta | -0.13 | |||
| Market Capitalization | 2.72 M | |||
| Total Asset | 141.22 K | |||
| Z Score | 51.0 | |||
| Net Asset | 141.22 K |
About Avarone Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avarone Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avarone Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avarone Metals 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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Other Information on Investing in Avarone Pink Sheet
Avarone Metals financial ratios help investors to determine whether Avarone 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 Avarone with respect to the benefits of owning Avarone Metals security.