Grizzly Discoveries Stock Return On Asset
| GZD Stock | CAD 0.02 0.01 33.33% |
Grizzly Discoveries fundamentals help investors to digest information that contributes to Grizzly Discoveries' financial success or failures. It also enables traders to predict the movement of Grizzly Stock. The fundamental analysis module provides a way to measure Grizzly Discoveries' 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 Grizzly Discoveries stock.
Return On Assets is likely to drop to -0.07 in 2024. Grizzly | Return On Asset |
Grizzly Discoveries Company Return On Asset Analysis
Grizzly Discoveries' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Grizzly Discoveries Return On Asset | -0.053 |
Most of Grizzly Discoveries' fundamental indicators, such as Return On Asset, 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, Grizzly Discoveries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Grizzly Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Grizzly Discoveries is extremely important. It helps to project a fair market value of Grizzly Stock properly, considering its historical fundamentals such as Return On Asset. Since Grizzly Discoveries' 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 Grizzly Discoveries' 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 Grizzly Discoveries' interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Grizzly Total Assets
Total Assets |
|
Based on the latest financial disclosure, Grizzly Discoveries has a Return On Asset of -0.053. This is 107.16% lower than that of the Metals & Mining sector and 99.09% lower than that of the Materials industry. The return on asset for all Canada stocks is 62.14% lower than that of the firm.
Grizzly Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grizzly Discoveries' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Grizzly Discoveries could also be used in its relative valuation, which is a method of valuing Grizzly Discoveries by comparing valuation metrics of similar companies.Grizzly Discoveries is currently under evaluation in return on asset category among related companies.
Grizzly Discoveries Current Valuation Drivers
We derive many important indicators used in calculating different scores of Grizzly Discoveries from analyzing Grizzly Discoveries' financial statements. These drivers represent accounts that assess Grizzly Discoveries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Grizzly Discoveries' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.4M | 4.5M | 9.2M | 11.2M | 12.9M | 8.2M | |
| Enterprise Value | 4.6M | 4.3M | 7.0M | 11.1M | 12.7M | 7.1M |
Grizzly Fundamentals
| Return On Equity | -0.0846 | |||
| Return On Asset | -0.053 | |||
| Current Valuation | 3.58 M | |||
| Shares Outstanding | 152.67 M | |||
| Shares Owned By Insiders | 11.58 % | |||
| Number Of Shares Shorted | 88.12 K | |||
| Price To Earning | (0.74) X | |||
| Price To Book | 0.38 X | |||
| EBITDA | (1.04 M) | |||
| Net Income | (735.57 K) | |||
| Cash And Equivalents | 21.94 K | |||
| Current Ratio | 1.22 X | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (758.59 K) | |||
| Short Ratio | 0.33 X | |||
| Earnings Per Share | (0.01) X | |||
| Beta | -0.39 | |||
| Market Capitalization | 3.82 M | |||
| Total Asset | 9.88 M | |||
| Retained Earnings | (18.53 M) | |||
| Working Capital | 248.12 K | |||
| Net Asset | 9.88 M |
About Grizzly Discoveries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Grizzly Discoveries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grizzly Discoveries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grizzly Discoveries 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.
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 Grizzly Discoveries 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, Grizzly Discoveries' short interest history, or implied volatility extrapolated from Grizzly Discoveries options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grizzly Discoveries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Grizzly Stock analysis
When running Grizzly Discoveries' price analysis, check to measure Grizzly Discoveries' 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 Grizzly Discoveries is operating at the current time. Most of Grizzly Discoveries' value examination focuses on studying past and present price action to predict the probability of Grizzly Discoveries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grizzly Discoveries' price. Additionally, you may evaluate how the addition of Grizzly Discoveries to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |