Meteoric Financial Statements From 2010 to 2024
| RNF Stock | EUR 0.13 0.01 8.33% |
Check Meteoric Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meteoric main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Meteoric financial statements analysis is a perfect complement when working with Meteoric Resources Valuation or Volatility modules.
Meteoric |
Meteoric Resources NL Company Return On Equity Analysis
Meteoric Resources' 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 Meteoric Resources Return On Equity | -1.75 |
Most of Meteoric Resources' 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, Meteoric Resources NL 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.
| Competition |
Based on the latest financial disclosure, Meteoric Resources NL has a Return On Equity of -1.7493. This is 292.23% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all Germany stocks is notably higher than that of the company.
Meteoric Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Meteoric Resources's current stock value. Our valuation model uses many indicators to compare Meteoric Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meteoric Resources competition to find correlations between indicators driving Meteoric Resources's intrinsic value. More Info.Meteoric Resources NL is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top 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 Meteoric Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Meteoric Resources' 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 Meteoric Resources' earnings, one of the primary drivers of an investment's value.About Meteoric Resources Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Meteoric Resources income statement, its balance sheet, and the statement of cash flows. Meteoric Resources investors use historical funamental indicators, such as Meteoric Resources's revenue or net income, to determine how well the company is positioned to perform in the future. Although Meteoric Resources investors may use each financial statement separately, they are all related. The changes in Meteoric Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Meteoric Resources'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 Meteoric Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Meteoric Resources. Please read more on our technical analysis and fundamental analysis pages.
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. Meteoric Resources NL is was incorporated in 2004 and is based in West Perth, Australia. METEORIC RESOURCES operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.
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 Meteoric Resources 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, Meteoric Resources' short interest history, or implied volatility extrapolated from Meteoric Resources options trading.
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Check out the analysis of Meteoric Resources Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Meteoric Stock analysis
When running Meteoric Resources' price analysis, check to measure Meteoric Resources' 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 Meteoric Resources is operating at the current time. Most of Meteoric Resources' value examination focuses on studying past and present price action to predict the probability of Meteoric Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meteoric Resources' price. Additionally, you may evaluate how the addition of Meteoric Resources to your portfolios can decrease your overall portfolio volatility.
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