Red Financial Statements From 2010 to 2024
| RDEXF Stock | USD 0.09 0 1.31% |
Check Red Pine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Pine's main balance sheet or income statement drivers, such as , as well as many indicators such as . Red financial statements analysis is a perfect complement when working with Red Pine Valuation or Volatility modules.
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Red Pine Exploration OTC Stock Return On Equity Analysis
Red Pine'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 Red Pine Return On Equity | -4.53 |
Most of Red Pine'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, Red Pine Exploration 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, Red Pine Exploration has a Return On Equity of -4.5287. This is 597.66% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all United States stocks is notably higher than that of the company.
Red Pine Exploration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Pine's current stock value. Our valuation model uses many indicators to compare Red Pine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Pine competition to find correlations between indicators driving Red Pine's intrinsic value. More Info.Red Pine Exploration is rated third in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers . 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 Red Pine's earnings, one of the primary drivers of an investment's value.About Red Pine Financial Statements
Red Pine stakeholders use historical fundamental indicators, such as Red Pine's revenue or net income, to determine how well the company is positioned to perform in the future. Although Red Pine investors may analyze each financial statement separately, they are all interrelated. For example, changes in Red Pine's assets and liabilities are reflected in the revenues and expenses on Red Pine's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Red Pine Exploration. Please read more on our technical analysis and fundamental analysis pages.
Red Pine Exploration Inc. engages in the acquisition, exploration, and development of mining properties in Canada. Red Pine Exploration Inc. was incorporated in 1936 and is headquartered in Toronto, Canada. Red Pine is traded on OTC Exchange in the United States.
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Other Information on Investing in Red OTC Stock
Red Pine financial ratios help investors to determine whether Red OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Red with respect to the benefits of owning Red Pine security.