Nevado Resources Stock Fundamentals
| VDO-H Stock | CAD 0.08 0.00 0.00% |
Nevado Resources fundamentals help investors to digest information that contributes to Nevado Resources' financial success or failures. It also enables traders to predict the movement of Nevado Stock. The fundamental analysis module provides a way to measure Nevado Resources' 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 Nevado Resources stock.
At this time, Nevado Resources' Income Tax Expense is fairly stable compared to the past year. Net Interest Income is likely to climb to 1,286 in 2024, whereas Operating Income is likely to drop (203.2 K) in 2024. Nevado | Select Account or Indicator |
Nevado Resources Company Return On Equity Analysis
Nevado 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 Nevado Resources Return On Equity | -0.33 |
Most of Nevado 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, Nevado Resources 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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Nevado Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Nevado Resources has a Return On Equity of -0.3285. This is 136.1% lower than that of the Metals & Mining sector and 168.44% lower than that of the Materials industry. The return on equity for all Canada stocks is 5.97% higher than that of the company.
Nevado Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nevado Resources's current stock value. Our valuation model uses many indicators to compare Nevado Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nevado Resources competition to find correlations between indicators driving Nevado Resources's intrinsic value. More Info.Nevado Resources is rated first in return on equity category among related companies. It is rated first in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nevado Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nevado 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 Nevado Resources' earnings, one of the primary drivers of an investment's value.Nevado Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nevado Resources' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nevado Resources could also be used in its relative valuation, which is a method of valuing Nevado Resources by comparing valuation metrics of similar companies.Nevado Resources is currently under evaluation in return on equity category among related companies.
Nevado Fundamentals
| Return On Equity | -0.33 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 340.88 K | |||
| Shares Outstanding | 12.22 M | |||
| Shares Owned By Insiders | 26.72 % | |||
| Number Of Shares Shorted | 7.32 K | |||
| Price To Book | 0.90 X | |||
| EBITDA | (177.6 K) | |||
| Net Income | (191.97 K) | |||
| Cash And Equivalents | 313.94 K | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 171.87 K | |||
| Current Ratio | 1.05 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (136.81 K) | |||
| Short Ratio | 5.75 X | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 0.37 | |||
| Market Capitalization | 977.53 K | |||
| Total Asset | 668.4 K | |||
| Retained Earnings | (13.78 M) | |||
| Working Capital | 488.37 K | |||
| Net Asset | 668.4 K |
About Nevado Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nevado Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nevado Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nevado Resources 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.| Last Reported | Projected for Next Year | ||
| Total Revenue | 0.00 | 0.00 | |
| Cost Of Revenue | 0.00 | 0.00 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Nevado Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Nevado Resources information on this page should be used as a complementary analysis to other Nevado Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Nevado Stock analysis
When running Nevado Resources' price analysis, check to measure Nevado 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 Nevado Resources is operating at the current time. Most of Nevado Resources' value examination focuses on studying past and present price action to predict the probability of Nevado Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevado Resources' price. Additionally, you may evaluate how the addition of Nevado Resources to your portfolios can decrease your overall portfolio volatility.
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