Nine Mile Metals Stock Return On Asset
| VMSXF Stock | USD 0.01 0.0009 14.52% |
Fundamental analysis of Nine Mile allows traders to better anticipate movements in Nine Mile's stock price by examining its financial health and performance throughout various phases of its business cycle.
Nine |
Nine Mile Metals Company Return On Asset Analysis
Nine Mile's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Nine Mile Return On Asset | -0.34 |
Most of Nine Mile's fundamental indicators, such as Return On Asset, 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, Nine Mile Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Nine Mile Metals has a Return On Asset of -0.3393. This is 145.85% lower than that of the Basic Materials sector and notably higher than that of the Gold industry. The return on asset for all United States stocks is 142.36% higher than that of the company.
Nine Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nine Mile's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nine Mile could also be used in its relative valuation, which is a method of valuing Nine Mile by comparing valuation metrics of similar companies.Nine Mile is currently under evaluation in return on asset category among its peers.
Nine Fundamentals
| Return On Equity | -0.56 | |||
| Return On Asset | -0.34 | |||
| Current Valuation | 11.77 M | |||
| Shares Outstanding | 57.26 M | |||
| Shares Owned By Insiders | 40.33 % | |||
| Price To Book | 3.89 X | |||
| EBITDA | (1.71 M) | |||
| Net Income | (1.72 M) | |||
| Cash And Equivalents | 552.36 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 50.37 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 9.55 X | |||
| Book Value Per Share | 0.1 X | |||
| Cash Flow From Operations | (1.33 M) | |||
| Beta | 0.17 | |||
| Market Capitalization | 12.8 M | |||
| Total Asset | 5.25 M | |||
| Net Asset | 5.25 M |
About Nine Mile Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nine Mile Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nine Mile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nine Mile Metals 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.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Other Information on Investing in Nine Pink Sheet
Nine Mile financial ratios help investors to determine whether Nine Pink Sheet 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 Nine with respect to the benefits of owning Nine Mile security.