Newcore Financial Statements From 2010 to 2024
| NCAUF Stock | USD 0.14 0.01 6.67% |
Check Newcore Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newcore main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Newcore financial statements analysis is a perfect complement when working with Newcore Gold Valuation or Volatility modules.
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Newcore Gold OTC Stock Return On Equity Analysis
Newcore Gold's 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 Newcore Gold Return On Equity | -0.0866 |
Most of Newcore Gold's 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, Newcore Gold 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.
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Based on the latest financial disclosure, Newcore Gold has a Return On Equity of -0.0866. This is 109.52% lower than that of the Basic Materials sector and 186.6% lower than that of the Gold industry. The return on equity for all United States stocks is 72.06% lower than that of the firm.
Newcore Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newcore Gold's current stock value. Our valuation model uses many indicators to compare Newcore Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newcore Gold competition to find correlations between indicators driving Newcore Gold's intrinsic value. More Info.Newcore Gold is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Newcore Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Newcore Gold's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Newcore Gold's earnings, one of the primary drivers of an investment's value.About Newcore Gold Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Newcore Gold income statement, its balance sheet, and the statement of cash flows. Newcore Gold investors use historical funamental indicators, such as Newcore Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Newcore Gold investors may use each financial statement separately, they are all related. The changes in Newcore Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Newcore Gold'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 Newcore Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Newcore Gold. Please read more on our technical analysis and fundamental analysis pages.
Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. Newcore Gold is traded on OTC Exchange in the United States.
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Complementary Tools for Newcore OTC Stock analysis
When running Newcore Gold's price analysis, check to measure Newcore Gold'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 Newcore Gold is operating at the current time. Most of Newcore Gold's value examination focuses on studying past and present price action to predict the probability of Newcore Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newcore Gold's price. Additionally, you may evaluate how the addition of Newcore Gold to your portfolios can decrease your overall portfolio volatility.
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