Elevation Gold Mining Corporation / Financial strength (Piotroski F-Value) /

    The F-Value, developed by Stanford accounting professor Joseph Piotroski, measures a company's financial strength based on nine distinct criteria. Piotroski suggest using the value as part of a value investing strategy to rank stocks with a low price-to-book ratio. The approach is described in detail in Piotroski's 2002 Paper Value Investing: The Use of Historical Financial Statement Information to Separate Winners From Losers.

    You are viewing the F-Value as of . Click to view the current F-Value instead.

    Financial strength (Piotroski F-Value)
    4 / 9
    Return on assets (ROA) greater than 0
    close -7.8%
    Operating cash flow greater than 0
    close -$2.55M
    ROA greater than previous year
    close -7.8%-4.8%
    Cash flow return on assets (CFROA) greater than Return on assets (ROA)
    check -4.0% > -7.8%
    Leverage ratio lower than previous year
    check 7.4% < 24.4%
    Current ratio greater than previous year
    check 128.9% > 74.8%
    No new common stock issued last year
    close $6.37M
    Gross margin greater than previous year
    close -1.4%0.0%
    Asset turnover greater than previous year
    check 15.2% > 0.0%

    F-Value history

    The F-Value is calculated for each quarter based on the cumulation of the previous four quarterly statements. Click on the chart to see the F-Value at a specific time in the past.

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