Gold Return On Assets from 2010 to 2024

GORO Stock  USD 0.47  0.03  6.00%   
Gold Resource Return On Assets yearly trend continues to be very stable with very little volatility. Return On Assets are likely to drop to -0.09. Return On Assets is a profitability ratio that indicates the percentage of profit Gold Resource earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.09)
Current Value
(0.09)
Quarterly Volatility
19.79987485
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gold Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gold main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Total Revenue of 101.9 M or Other Operating Expenses of 73.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0318 or PTB Ratio of 0.33. Gold financial statements analysis is a perfect complement when working with Gold Resource Valuation or Volatility modules.
  
This module can also supplement Gold Resource's financial leverage analysis and stock options assessment as well as various Gold Resource Technical models . Check out the analysis of Gold Resource Correlation against competitors.
To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.

Latest Gold Resource's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Gold Resource over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Gold Resource's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gold Resource's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Gold Return On Assets Regression Statistics

Arithmetic Mean(5.05)
Coefficient Of Variation(392.30)
Mean Deviation9.54
Median0.03
Standard Deviation19.80
Sample Variance392.04
Range77.1053
R-Value0.43
Mean Square Error345.01
R-Squared0.18
Significance0.11
Slope1.89
Total Sum of Squares5,488

Gold Return On Assets History

2024 -0.0915
2023 -0.0871
2022 -0.031
2021 0.0372
2020 -0.0599
2019 0.0302
2018 0.0618

About Gold Resource Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gold Resource income statement, its balance sheet, and the statement of cash flows. Gold Resource investors use historical funamental indicators, such as Gold Resource's Return On Assets, to determine how well the company is positioned to perform in the future. Although Gold Resource investors may use each financial statement separately, they are all related. The changes in Gold Resource's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gold Resource's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gold Resource Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gold Resource. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.09)(0.09)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gold Resource in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gold Resource's short interest history, or implied volatility extrapolated from Gold Resource options trading.

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When determining whether Gold Resource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gold Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gold Resource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gold Resource Stock:
Check out the analysis of Gold Resource Correlation against competitors.
To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Gold Resource's price analysis, check to measure Gold Resource'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 Gold Resource is operating at the current time. Most of Gold Resource's value examination focuses on studying past and present price action to predict the probability of Gold Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Resource's price. Additionally, you may evaluate how the addition of Gold Resource to your portfolios can decrease your overall portfolio volatility.
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Is Gold Resource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.742
Earnings Share
(0.18)
Revenue Per Share
1.104
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.06)
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.