Scorpio Financial Statements From 2010 to 2025
| SRCRF Stock | USD 0.22 0.02 10.00% |
Check Scorpio Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scorpio Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Scorpio financial statements analysis is a perfect complement when working with Scorpio Gold Valuation or Volatility modules.
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Scorpio Gold Corp OTC Stock Return On Equity Analysis
Scorpio Gold'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 Scorpio Gold Return On Equity | -0.58 |
Most of Scorpio Gold'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, Scorpio Gold 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.
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Based on the latest financial disclosure, Scorpio Gold Corp has a Return On Equity of -0.5753. This is 163.22% 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 85.58% higher than that of the company.
Scorpio Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Scorpio Gold's current stock value. Our valuation model uses many indicators to compare Scorpio Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Scorpio Gold competition to find correlations between indicators driving Scorpio Gold's intrinsic value. More Info.Scorpio Gold Corp is rated third in return on equity category among its peers. It is rated second 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 Scorpio Gold's earnings, one of the primary drivers of an investment's value.About Scorpio Gold Financial Statements
Scorpio Gold stakeholders use historical fundamental indicators, such as Scorpio Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Scorpio Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scorpio Gold's assets and liabilities are reflected in the revenues and expenses on Scorpio Gold'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 Scorpio Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It also holds 100 percent interest in the Manhattan property covering an area of 1,740 hectares located in Nye County, Nevada. Scorpio Gold operates under Gold classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Scorpio OTC Stock
Scorpio Gold financial ratios help investors to determine whether Scorpio 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 Scorpio with respect to the benefits of owning Scorpio Gold security.