Comet Resources Limited Logo

Comet Resources Limited

CRL.AX

(1.2)
Stock Price

0,02 AUD

-0.05% ROA

-0.28% ROE

-0.68x PER

Market Cap.

1.383.184,00 AUD

3.42% DER

0% Yield

0% NPM

Comet Resources Limited Stock Analysis

Comet Resources Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Comet Resources Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (3%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-0.28%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-0.05%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (0) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Comet Resources Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Comet Resources Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Buy
4 Stoch RSI Buy

Comet Resources Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Comet Resources Limited Revenue
Year Revenue Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 11.850 100%
2001 500 -2270%
2002 30.000 98.33%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Comet Resources Limited Research and Development Expenses
Year Research and Development Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 616.408 100%
2006 599.669 -2.79%
2007 394.210 -52.12%
2008 65.313 -503.57%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Comet Resources Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 3.593.265 100%
2001 655.454 -448.21%
2002 353.622 -85.35%
2003 514.710 31.3%
2004 385.204 -33.62%
2005 379.753 -1.44%
2006 533.649 28.84%
2007 437.169 -22.07%
2008 500.696 12.69%
2009 442.029 -13.27%
2010 398.792 -10.84%
2011 398.556 -0.06%
2012 430.166 7.35%
2013 397.022 -8.35%
2014 296.554 -33.88%
2015 267.608 -10.82%
2016 411.815 35.02%
2017 688.447 40.18%
2018 1.005.140 31.51%
2019 956.015 -5.14%
2020 956.015 0%
2020 2.511.499 61.93%
2021 787.836 -218.78%
2022 646 -121856.04%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Comet Resources Limited EBITDA
Year EBITDA Growth
1993 -816.000
1994 50.000 1732%
1995 -580.346 108.62%
1996 -3.120.854 81.4%
1997 -1.055.640 -195.64%
1998 -2.805.036 62.37%
1999 15.843.857 117.7%
2000 8.942.329 -77.18%
2001 -224.650 4080.56%
2002 -323.622 30.58%
2003 -577.593 43.97%
2004 -1.815.923 68.19%
2005 -656.673 -176.53%
2006 308.500 312.86%
2007 -546.317 156.47%
2008 -1.535.572 64.42%
2009 -532.867 -188.17%
2010 -271.719 -96.11%
2011 -521.192 47.87%
2012 -797.227 34.62%
2013 -85.991 -827.11%
2014 -486.155 82.31%
2015 -492.859 1.36%
2016 -1.278.134 61.44%
2017 -2.006.363 36.3%
2018 -2.342.641 14.35%
2019 -2.094.481 -11.85%
2020 -1.509.482 -38.75%
2020 -3.069.394 50.82%
2021 126.596 2524.56%
2022 -746 17092.75%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Comet Resources Limited Gross Profit
Year Gross Profit Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 -34.648.509 100%
2001 500 6929801.8%
2002 30.000 98.33%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Comet Resources Limited Net Profit
Year Net Profit Growth
1993 -408.000
1994 25.000 1732%
1995 -290.173 108.62%
1996 -1.560.427 81.4%
1997 -527.820 -195.64%
1998 -1.765.633 70.11%
1999 6.258.060 128.21%
2000 11.458.182 45.38%
2001 -258.061 4540.11%
2002 -133.316 -93.57%
2003 -304.302 56.19%
2004 -923.417 67.05%
2005 -678.938 -36.01%
2006 1.460.965 146.47%
2007 -395.321 469.56%
2008 -1.330.816 70.29%
2009 -535.428 -148.55%
2010 -204.500 -161.82%
2011 -525.151 61.06%
2012 -626.825 16.22%
2013 -87.202 -618.82%
2014 -486.239 82.07%
2015 -492.859 1.34%
2016 -1.278.134 61.44%
2017 -2.006.363 36.3%
2018 -1.466.381 -36.82%
2019 -1.508.590 2.8%
2020 -1.509.482 0.06%
2020 -3.771.544 59.98%
2021 2.254.155 267.32%
2022 -1.781 126666.82%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Comet Resources Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1993 -1
1994 1 100%
1995 -12 109.09%
1996 -58 80.7%
1997 -15 -280%
1998 -49 68.75%
1999 89 153.93%
2000 2 -8800%
2001 0 0%
2002 0 0%
2003 -5 100%
2004 -14 71.43%
2005 -10 -40%
2006 22 147.62%
2007 -6 520%
2008 -19 73.68%
2009 -8 -171.43%
2010 -3 -250%
2011 -7 71.43%
2012 -8 0%
2013 -1 -600%
2014 -6 80%
2015 -6 0%
2016 -10 44.44%
2017 -12 18.18%
2018 0 0%
2019 0 0%
2020 -7 100%
2020 0 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Comet Resources Limited Free Cashflow
Year Free Cashflow Growth
1993 -6.000
1994 -4.000 -50%
1995 -9.145 56.26%
1996 -25.543 64.2%
1997 -41.491 38.44%
1998 -81.296 48.96%
1999 -7.458.539 98.91%
2000 -20.726.310 64.01%
2001 -173.760 -11828.13%
2002 -364.470 52.33%
2003 -463.237 21.32%
2004 -523.044 11.43%
2005 -1.945 -26791.72%
2006 -217.473 99.11%
2007 -19.990 -987.91%
2008 0 0%
2009 0 0%
2010 -3.476 100%
2011 -4.024 13.62%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 -1.580 100%
2019 -101.375 98.44%
2020 -159.038 36.26%
2021 -158.658 -0.24%
2022 -26 -634532%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Comet Resources Limited Operating Cashflow
Year Operating Cashflow Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 -1.580 100%
2019 -1.375 -14.91%
2020 -1.310 -4.96%
2021 -930 -40.86%
2022 -26 -3620%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Comet Resources Limited Capital Expenditure
Year Capital Expenditure Growth
1993 6.000
1994 4.000 -50%
1995 9.145 56.26%
1996 25.543 64.2%
1997 41.491 38.44%
1998 81.296 48.96%
1999 7.458.539 98.91%
2000 20.726.310 64.01%
2001 173.760 -11828.13%
2002 364.470 52.33%
2003 463.237 21.32%
2004 523.044 11.43%
2005 1.945 -26791.72%
2006 217.473 99.11%
2007 19.990 -987.91%
2008 0 0%
2009 0 0%
2010 3.476 100%
2011 4.024 13.62%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 100.000 100%
2020 157.728 36.6%
2021 157.728 0%
2022 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Comet Resources Limited Equity
Year Equity Growth
1993 3.367.000
1994 3.391.000 0.71%
1995 3.103.760 -9.25%
1996 8.171.645 62.02%
1997 9.080.175 10.01%
1998 14.271.087 36.37%
1999 30.318.397 52.93%
2000 22.759.493 -33.21%
2001 3.890.078 -485.07%
2002 4.052.082 4%
2003 3.749.156 -8.08%
2004 3.373.876 -11.12%
2005 2.730.703 -23.55%
2006 9.751.112 72%
2007 4.649.257 -109.73%
2008 2.778.643 -67.32%
2009 2.426.585 -14.51%
2010 2.303.857 -5.33%
2011 2.514.391 8.37%
2012 1.947.575 -29.1%
2013 1.860.373 -4.69%
2014 1.374.839 -35.32%
2015 1.327.142 -3.59%
2016 1.436.559 7.62%
2017 744.165 -93.04%
2018 1.198.676 37.92%
2019 994.020 -20.59%
2020 4.580.729 78.3%
2021 4.685.118 2.23%
2022 2.924.897 -60.18%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Comet Resources Limited Assets
Year Assets Growth
1993 3.426.000
1994 3.443.000 0.49%
1995 3.148.555 -9.35%
1996 8.717.464 63.88%
1997 18.498.437 52.87%
1998 25.013.188 26.05%
1999 38.681.725 35.34%
2000 37.331.605 -3.62%
2001 3.922.911 -851.63%
2002 4.133.899 5.1%
2003 3.889.400 -6.29%
2004 3.461.493 -12.36%
2005 3.020.475 -14.6%
2006 9.922.200 69.56%
2007 4.741.385 -109.27%
2008 2.852.255 -66.23%
2009 2.514.849 -13.42%
2010 2.331.534 -7.86%
2011 2.568.265 9.22%
2012 1.975.924 -29.98%
2013 1.881.492 -5.02%
2014 1.425.017 -32.03%
2015 1.365.472 -4.36%
2016 1.523.056 10.35%
2017 839.219 -81.48%
2018 1.293.468 35.12%
2019 1.118.389 -15.65%
2020 5.161.055 78.33%
2021 5.560.216 7.18%
2022 4.375.213 -27.08%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Comet Resources Limited Liabilities
Year Liabilities Growth
1993 59.000
1994 52.000 -13.46%
1995 44.795 -16.08%
1996 545.819 91.79%
1997 9.418.262 94.2%
1998 10.742.101 12.32%
1999 8.363.328 -28.44%
2000 14.572.112 42.61%
2001 32.833 -44282.52%
2002 81.817 59.87%
2003 140.244 41.66%
2004 87.617 -60.06%
2005 289.772 69.76%
2006 171.088 -69.37%
2007 92.128 -85.71%
2008 73.612 -25.15%
2009 88.264 16.6%
2010 27.677 -218.91%
2011 53.874 48.63%
2012 28.349 -90.04%
2013 21.119 -34.23%
2014 50.178 57.91%
2015 38.330 -30.91%
2016 86.497 55.69%
2017 95.054 9%
2018 94.792 -0.28%
2019 124.369 23.78%
2020 580.326 78.57%
2021 875.098 33.68%
2022 1.450.316 39.66%

Comet Resources Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.03
Price to Earning Ratio
-0.68x
Price To Sales Ratio
0x
POCF Ratio
-1.88
PFCF Ratio
-1880.11
Price to Book Ratio
0
EV to Sales
0
EV Over EBITDA
-1936.23
EV to Operating CashFlow
-1985.68
EV to FreeCashFlow
-1985.68
Earnings Yield
-1.48
FreeCashFlow Yield
-0
Market Cap
0,00 Bil.
Enterprise Value
0,00 Bil.
Graham Number
5.3
Graham NetNet
-66.42

Income Statement Metrics

Net Income per Share
-0.03
Income Quality
0.36
ROE
-0
Return On Assets
-0
Return On Capital Employed
-0
Net Income per EBT
1
EBT Per Ebit
1.59
Ebit per Revenue
0
Effective Tax Rate
0.37

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.01
Free CashFlow per Share
-0.01
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0
Return on Tangible Assets
-0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
-45,77
Book Value per Share
42,29
Tangible Book Value per Share
42.29
Shareholders Equity per Share
42.29
Interest Debt per Share
1.45
Debt to Equity
0.03
Debt to Assets
0.02
Net Debt to EBITDA
-102.94
Current Ratio
0.04
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0.03
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
-14.77
Debt to Market Cap
0.07

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Comet Resources Limited Dividends
Year Dividends Growth
2001 0

Comet Resources Limited Profile

About Comet Resources Limited

Comet Resources Limited operates as a mineral exploration company. The company holds a 50% interest in the Santa Teresa gold project that consists of two mineral claims covering an area of 202 hectares located in the El Alamo district, Baja California, Mexico. It also has a 100% interest in the Barraba copper project that covers an area of 2,375 hectares located near the town of Barraba; and the Springdale Graphite project, which consists of two tenements located in southwestern Australia. The company was incorporated in 1993 and is based in Subiaco, Australia.

CEO
Mr. Matthew O'Kane BECON, C.P
Employee
3
Address
330 Churchill Avenue
Subiaco, 6008

Comet Resources Limited Executives & BODs

Comet Resources Limited Executives & BODs
# Name Age
1 Mr. Sonu Cheema C.P.A.
Company Sec., Chief Financial Officer & Independent Non-Executive Director
70
2 Mr. Harpreet Singh Cheema C.P.A.
Company Sec., Chief Financial Officer & Independent Non-Executive Director
70
3 Mr. Sonu Cheema CPA
Company Sec., Chief Financial Officer & Independent Non-Executive Director
70
4 Mr. Harpreet Singh Cheema CPA
Company Sec., Chief Financial Officer & Independent Non-Executive Director
70
5 Mr. Harpreet Singh Cheema B.Com., C.P.A.
Company Sec., Chief Financial Officer & Independent Non-Executive Director
70
6 Mr. Harpreet Singh Cheema B.Com., CPA
Company Secretary, Chief Financial Officer & Independent Non-Executive Director
70
7 Mr. Matthew O'Kane BECON, C.P.A., M.B.A.
MD & Executive Director
70
8 Mr. Matthew O'Kane CPA, M.B.A.
MD & Executive Director
70

Comet Resources Limited Competitors