RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Gold Springs Resource Stock

Gold Springs Resource ROA 2024

Gold Springs Resource ROA

-0.02

Ticker

GRC.TO

ISIN

CA3807211006

WKN

A2PUW9

In 2024, Gold Springs Resource's return on assets (ROA) was -0.02, a -45.17% increase from the -0.05 ROA in the previous year.

Gold Springs Resource Aktienanalyse

What does Gold Springs Resource do?

Gold Springs Resource Corp was established in 2010 and is a Canadian mining company specializing in the exploration and development of gold and silver deposits in North America. The company operates projects on both sides of the US-Canada border and aims to expand its portfolio of high-quality assets. The business model of Gold Springs Resource Corp is based on the exploration of promising mineral deposits and the development of mines that allow the company to extract and sell precious metals such as gold and silver. Gold is a highly valuable metal and is considered a secure investment by investors around the world. Silver is also a sought-after precious metal and is often used in silver jewelry or in the industry. Gold Springs Resource Corp divides its business into several divisions to ensure optimal management of all aspects of exploration and mining operations. The company's main divisions are exploration, development, and production. The exploration division is responsible for searching for new mineral deposits. The company utilizes modern geological methods to identify promising areas and tests these areas through drilling to determine the quality and extent of the deposits. The development division is responsible for constructing mines. The company works with experienced engineers to create detailed plans for resource extraction while considering appropriate safety and environmental measures. The production division is responsible for operating the mines and extracting the precious metals. The company uses modern technology to optimize resource extraction and ensure that the precious metals are produced with the highest quality and quantity. Gold Springs Resource Corp offers a variety of products that can be made from the precious metals it produces. These products include jewelry, coins, bars, and industrial products such as cables and electronic components. The company also has a strong social and environmental responsibility and is committed to environmentally friendly and sustainable exploration and production of precious metals. Gold Springs Resource Corp works closely with the communities in which it operates to ensure that local labor and businesses benefit from its operations and adhere to measures for environmentally friendly and sustainable production. In summary, Gold Springs Resource Corp is a Canadian mining company specializing in the exploration and development of gold and silver deposits in North America. The company operates projects on both sides of the US-Canada border and aims to expand its portfolio of high-quality assets. Its business model is based on the exploration of promising mineral deposits and the development of mines to extract and sell precious metals like gold and silver. The company's main divisions are exploration, development, and production, with products including jewelry, coins, bars, and industrial products. Gold Springs Resource Corp is also committed to social and environmental responsibility and advocates for environmentally friendly and sustainable exploration and production of precious metals. Gold Springs Resource ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Gold Springs Resource's Return on Assets (ROA)

Gold Springs Resource's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Gold Springs Resource's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Gold Springs Resource's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Gold Springs Resource’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Gold Springs Resource stock

What is the Return on Assets (ROA) of Gold Springs Resource this year?

The Return on Assets (ROA) of Gold Springs Resource is -0.02 undefined this year.

What was the ROA of Gold Springs Resource compared to the previous year?

The ROA of Gold Springs Resource has increased by -45.17% compared to the previous year.

What consequences do high ROA have for investors of Gold Springs Resource?

A high ROA is advantageous for investors of Gold Springs Resource, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Gold Springs Resource?

A low ROA can be unfavorable for investors of Gold Springs Resource as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Gold Springs Resource affect the company?

An increase in ROA of Gold Springs Resource can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Gold Springs Resource impact the company?

A reduction in the ROA of Gold Springs Resource can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Gold Springs Resource?

Some factors that can influence the ROA of Gold Springs Resource include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Gold Springs Resource important for investors?

The ROA of Gold Springs Resource is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Gold Springs Resource take to improve ROA?

To improve ROA, Gold Springs Resource can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Gold Springs Resource pay?

Over the past 12 months, Gold Springs Resource paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Gold Springs Resource is expected to pay a dividend of 0 USD.

What is the dividend yield of Gold Springs Resource?

The current dividend yield of Gold Springs Resource is .

When does Gold Springs Resource pay dividends?

Gold Springs Resource pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Gold Springs Resource?

Gold Springs Resource paid dividends every year for the past 0 years.

What is the dividend of Gold Springs Resource?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Gold Springs Resource located?

Gold Springs Resource is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Gold Springs Resource kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gold Springs Resource from 9/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Gold Springs Resource pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Gold Springs Resource in the year 2023?

In the year 2023, Gold Springs Resource distributed 0 USD as dividends.

In which currency does Gold Springs Resource pay out the dividend?

The dividends of Gold Springs Resource are distributed in USD.

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Andere Kennzahlen von Gold Springs Resource

Our stock analysis for Gold Springs Resource Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gold Springs Resource Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.