Latest news with #IBCAdvancedAlloysCorp
Yahoo
29-05-2025
- Business
- Yahoo
IBC Advanced Alloys: Fiscal Q3 Earnings Snapshot
FRANKLIN, Ind. (AP) — FRANKLIN, Ind. (AP) — IBC Advanced Alloys Corp. (IAALF) on Thursday reported a loss of $725,000 in its fiscal third quarter. On a per-share basis, the Franklin, Indiana-based company said it had a loss of 1 cent. The maker of rare metal-based alloys posted revenue of $4.5 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on IAALF at
San Francisco Chronicle
29-05-2025
- Business
- San Francisco Chronicle
IBC Advanced Alloys: Fiscal Q3 Earnings Snapshot
FRANKLIN, Ind. (AP) — FRANKLIN, Ind. (AP) — IBC Advanced Alloys Corp. (IAALF) on Thursday reported a loss of $725,000 in its fiscal third quarter. On a per-share basis, the Franklin, Indiana-based company said it had a loss of 1 cent. The maker of rare metal-based alloys posted revenue of $4.5 million in the period. _____
Yahoo
29-05-2025
- Business
- Yahoo
IBC Advanced Alloys: Fiscal Q3 Earnings Snapshot
FRANKLIN, Ind. (AP) — FRANKLIN, Ind. (AP) — IBC Advanced Alloys Corp. (IAALF) on Thursday reported a loss of $725,000 in its fiscal third quarter. On a per-share basis, the Franklin, Indiana-based company said it had a loss of 1 cent. The maker of rare metal-based alloys posted revenue of $4.5 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on IAALF at Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Based On Its ROE, Is IBC Advanced Alloys Corp. (CVE:IB) A High Quality Stock?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we'll look at ROE to gain a better understanding of IBC Advanced Alloys Corp. (CVE:IB). Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. View our latest analysis for IBC Advanced Alloys The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for IBC Advanced Alloys is: 0.8% = US$33k ÷ US$4.1m (Based on the trailing twelve months to September 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every CA$1 worth of shareholders' equity, the company generated CA$0.01 in profit. Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classification. As shown in the graphic below, IBC Advanced Alloys has a lower ROE than the average (9.3%) in the Metals and Mining industry classification. That's not what we like to see. That being said, a low ROE is not always a bad thing, especially if the company has low leverage as this still leaves room for improvement if the company were to take on more debt. A high debt company having a low ROE is a different story altogether and a risky investment in our books. You can see the 4 risks we have identified for IBC Advanced Alloys by visiting our risks dashboard for free on our platform here. Companies usually need to invest money to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the first two cases, the ROE will capture this use of capital to grow. In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. That will make the ROE look better than if no debt was used. We think IBC Advanced Alloys uses a significant amount of debt to maximize its returns, as it has a significantly higher debt to equity ratio of 3.16. We consider it to be a negative sign when a company has a rather low ROE despite a rather high debt to equity. Return on equity is useful for comparing the quality of different businesses. In our books, the highest quality companies have high return on equity, despite low debt. If two companies have around the same level of debt to equity, and one has a higher ROE, I'd generally prefer the one with higher ROE. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. So I think it may be worth checking this free this detailed graph of past earnings, revenue and cash flow. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
