Canadian Spirit Resources Stock Return On Equity
| SPI Stock | CAD 0.09 0.01 6.25% |
Canadian Spirit Resources fundamentals help investors to digest information that contributes to Canadian Spirit's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Spirit's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Spirit stock.
Canadian | Return On Equity |
Canadian Spirit Resources Company Return On Equity Analysis
Canadian Spirit'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 Canadian Spirit Return On Equity | -0.0592 |
Most of Canadian Spirit'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, Canadian Spirit Resources 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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Canadian Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Canadian Spirit Resources has a Return On Equity of -0.0592. This is 97.01% lower than that of the Oil, Gas & Consumable Fuels sector and 103.33% lower than that of the Energy industry. The return on equity for all Canada stocks is 80.9% lower than that of the firm.
Canadian Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Spirit's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Spirit could also be used in its relative valuation, which is a method of valuing Canadian Spirit by comparing valuation metrics of similar companies.Canadian Spirit is currently under evaluation in return on equity category among related companies.
Canadian Fundamentals
| Return On Equity | -0.0592 | |||
| Return On Asset | -0.032 | |||
| Operating Margin | (4.15) % | |||
| Current Valuation | 21.85 M | |||
| Shares Outstanding | 278.18 M | |||
| Shares Owned By Insiders | 63.21 % | |||
| Number Of Shares Shorted | 32 | |||
| Price To Earning | (0.55) X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 41.04 X | |||
| Revenue | 284.01 K | |||
| Gross Profit | (162.7 K) | |||
| EBITDA | (1.47 M) | |||
| Net Income | (1.83 M) | |||
| Cash And Equivalents | 1.65 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 45.68 K | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 14.46 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (1.33 M) | |||
| Earnings Per Share | (0.01) X | |||
| Target Price | 0.15 | |||
| Beta | 1.76 | |||
| Market Capitalization | 22.25 M | |||
| Total Asset | 39.27 M | |||
| Retained Earnings | (95.94 M) | |||
| Working Capital | 259.57 K | |||
| Net Asset | 39.27 M |
About Canadian Spirit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Spirit Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Spirit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Spirit Resources 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
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Spirit Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Canadian Stock analysis
When running Canadian Spirit's price analysis, check to measure Canadian Spirit'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 Canadian Spirit is operating at the current time. Most of Canadian Spirit's value examination focuses on studying past and present price action to predict the probability of Canadian Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Spirit's price. Additionally, you may evaluate how the addition of Canadian Spirit to your portfolios can decrease your overall portfolio volatility.
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