Rand Mining Stock Gross Profit

RND Stock   1.90  0.10  5.56%   
Rand Mining fundamentals help investors to digest information that contributes to Rand Mining's financial success or failures. It also enables traders to predict the movement of Rand Stock. The fundamental analysis module provides a way to measure Rand Mining'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 Rand Mining stock.
Last ReportedProjected for Next Year
Gross Profit19.7 M15.4 M
Gross Profit is likely to drop to about 15.4 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Rand Mining Company Gross Profit Analysis

Rand Mining's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Rand Mining Gross Profit

    
  20.28 M  
Most of Rand Mining's fundamental indicators, such as Gross Profit, 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, Rand Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Rand Mining reported 20.28 M of gross profit. This is 99.87% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The gross profit for all Australia stocks is 99.93% higher than that of the company.

Rand Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rand Mining's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rand Mining could also be used in its relative valuation, which is a method of valuing Rand Mining by comparing valuation metrics of similar companies.
Rand Mining is currently under evaluation in gross profit category among its peers.

Rand Fundamentals

About Rand Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rand Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rand Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rand Mining 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Rand Stock Analysis

When running Rand Mining's price analysis, check to measure Rand Mining'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 Rand Mining is operating at the current time. Most of Rand Mining's value examination focuses on studying past and present price action to predict the probability of Rand Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rand Mining's price. Additionally, you may evaluate how the addition of Rand Mining to your portfolios can decrease your overall portfolio volatility.