Sherritt Financial Statements From 2010 to 2024
| S Stock | CAD 0.32 0.01 3.03% |
Check Sherritt International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sherritt main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Sherritt financial statements analysis is a perfect complement when working with Sherritt International Valuation or Volatility modules.
Sherritt |
Sherritt International Company Return On Equity Analysis
Sherritt International'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 Sherritt International Return On Equity | -0.0983 |
Most of Sherritt International'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, Sherritt International 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, Sherritt International has a Return On Equity of -0.0983. This is 110.8% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Canada stocks is 68.29% lower than that of the firm.
Sherritt International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sherritt International's current stock value. Our valuation model uses many indicators to compare Sherritt International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sherritt International competition to find correlations between indicators driving Sherritt International's intrinsic value. More Info.Sherritt International is rated fifth in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sherritt International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sherritt International's 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 Sherritt International's earnings, one of the primary drivers of an investment's value.About Sherritt International Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Sherritt International income statement, its balance sheet, and the statement of cash flows. Sherritt International investors use historical funamental indicators, such as Sherritt International's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sherritt International investors may use each financial statement separately, they are all related. The changes in Sherritt International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sherritt International'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 Sherritt International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sherritt International. Please read more on our technical analysis and fundamental analysis pages.
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores primarily in Europe, Japan, and China. Sherritt International Corporation was founded in 1927 and is based in Toronto, Canada. SHERRITT INTL operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange.
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Check out the analysis of Sherritt International Correlation against competitors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Sherritt Stock analysis
When running Sherritt International's price analysis, check to measure Sherritt International'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 Sherritt International is operating at the current time. Most of Sherritt International's value examination focuses on studying past and present price action to predict the probability of Sherritt International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherritt International's price. Additionally, you may evaluate how the addition of Sherritt International to your portfolios can decrease your overall portfolio volatility.
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