Goldspot Financial Statements From 2010 to 2025
| SPOT Stock | CAD 0.18 0.01 5.26% |
Check Goldspot Discoveries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldspot Discoveries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Goldspot financial statements analysis is a perfect complement when working with Goldspot Discoveries Valuation or Volatility modules.
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Goldspot Discoveries Corp Company Return On Equity Analysis
Goldspot Discoveries' 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 Goldspot Discoveries Return On Equity | -0.18 |
Most of Goldspot Discoveries' 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, Goldspot Discoveries Corp 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, Goldspot Discoveries Corp has a Return On Equity of -0.1815. This is 98.49% lower than that of the IT Services sector and 103.92% lower than that of the Information Technology industry. The return on equity for all Canada stocks is 41.45% lower than that of the firm.
Goldspot Discoveries Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goldspot Discoveries's current stock value. Our valuation model uses many indicators to compare Goldspot Discoveries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goldspot Discoveries competition to find correlations between indicators driving Goldspot Discoveries's intrinsic value. More Info.Goldspot Discoveries Corp is currently regarded as top stock in return on equity category among its peers. It also 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 Goldspot Discoveries' earnings, one of the primary drivers of an investment's value.About Goldspot Discoveries Financial Statements
Goldspot Discoveries investors use historical fundamental indicators, such as Goldspot Discoveries' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Goldspot Discoveries. Please read more on our technical analysis and fundamental analysis pages.
GoldSpot Discoveries Corp. operates as a technology services company in mineral exploration. The company was incorporated in 2016 and is headquartered in Toronto, Canada. GOLDSPOT DISCOVERIES operates under Information Technology Services classification in Exotistan and is traded on Commodity Exchange.
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Additional Tools for Goldspot Stock Analysis
When running Goldspot Discoveries' price analysis, check to measure Goldspot 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 Goldspot Discoveries is operating at the current time. Most of Goldspot Discoveries' value examination focuses on studying past and present price action to predict the probability of Goldspot Discoveries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldspot Discoveries' price. Additionally, you may evaluate how the addition of Goldspot Discoveries to your portfolios can decrease your overall portfolio volatility.