Aruma Resources Ltd
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Quick analysis of Aruma Resources Ltd (30 sec.)

1. Valuation of Aruma Resources Ltd (5 min.)

Live pricePrice per share (EOD)

A$0.05

Book Value per Share

A$0.02

2. Growth of Aruma Resources Ltd (5 min.)

Is Aruma Resources Ltd growing?

	Current year	Previous year	Grow	Grow %
How rich?	$2m	$2m	$340.9k	14.3%

How much money is Aruma Resources Ltd making?

	Current year	Previous year	Grow	Grow %
Making money	-$1.1m	-$525.7k	-$661.9k	?
Net Profit Margin	-279.4%	-164.8%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Aruma Resources Ltd (5 min.)

4. Comparing to competitors in the Gold industry (5 min.)

Industry Rankings (Gold)

Richest
#426 / 583

Most Revenue
#154 / 583

Most Profit
#417 / 583

Most Efficient
#492 / 583

Fundamentals of Aruma Resources Ltd

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Aruma Resources Ltd.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Aruma Resources Ltd earns for each $1 of revenue.

Above 10% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
A Net Profit Margin of -131.6% means that $-1.32 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Aruma Resources Ltd:

The MRQ is -131.6%. The company is making a huge loss. -2
The TTM is -279.4%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	-131.6%	TTM	-279.4%	+147.9%
TTM	-279.4%	YOY	-164.8%	-114.7%
TTM	-279.4%	5Y	-3,081.5%	+2,802.0%
5Y	-3,081.5%	10Y	-1,949.8%	-1,131.7%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	-131.6%	-3.0%	-128.6%
TTM	-279.4%	-8.6%	-270.8%
YOY	-164.8%	-5.0%	-159.8%
5Y	-3,081.5%	-16.8%	-3,064.7%
10Y	-1,949.8%	-29.1%	-1,920.7%

Measures how much net profit Aruma Resources Ltd earns for each $1 of revenue.

Revenue is the amount of profit Aruma Resources Ltd generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Aruma Resources Ltd earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
Can be used to compare companies within the Gold industry.

You typically want a high profit margin. This means that for each $1 in sales, Aruma Resources Ltd makes more profit. This shows the investor how efficiently Aruma Resources Ltd is operating in general and compared to other companies in the same industry. Aruma Resources Ltd operates in the Gold industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Aruma Resources Ltd. If profit margins remain low (compared to the Gold industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Aruma Resources Ltd is -1.32. This means that Aruma Resources Ltd earned $-1.32 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Gold industry is -3.0%.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Aruma Resources Ltd with other companies in the same industry (Gold).
Net profit margin should rise over the years.
Can be influenced when Aruma Resources Ltd sells assets (profit will increase while costs remain the same).
It won’t show what part of Aruma Resources Ltd is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Aruma Resources Ltd

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Aruma Resources Ltd = -1,153
Total revenue MRQ Aruma Resources Ltd = 876
$-1,153 / $876 = -1.32 or -131.6%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Aruma Resources Ltd is using its assets to generate profit.

Above 5% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
-32.9% Return on Assets means that Aruma Resources Ltd generated $-0.33 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Aruma Resources Ltd:

The MRQ is -32.9%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -42.2%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-32.9%	TTM	-42.2%	+9.3%
TTM	-42.2%	YOY	-24.3%	-17.9%
TTM	-42.2%	5Y	-23.6%	-18.6%
5Y	-23.6%	10Y	-19.5%	-4.1%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	-32.9%	-4.6%	-28.3%
TTM	-42.2%	-5.3%	-36.9%
YOY	-24.3%	-4.8%	-19.5%
5Y	-23.6%	-7.4%	-16.2%
10Y	-19.5%	-9.7%	-9.8%

Shows how efficient Aruma Resources Ltd is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Aruma Resources Ltd is using its resources to generate profit. If the return on assets (-32.9%) from Aruma Resources Ltd are higher than the Gold mean (-4.6%) that means Aruma Resources Ltd is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Aruma Resources Ltd is -32.9%. This means the company generated $-0.33 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Gold industry is -4.6%.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Aruma Resources Ltd

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Aruma Resources Ltd = -1,153
Total assets MRQ (balance sheet) from Aruma Resources Ltd = 3,503
-1,153 / 3,503 = -0.33 or -32.9%

ROA is an important ratio as it will tell you how effectively Aruma Resources Ltd is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Aruma Resources Ltd is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
-37.2% Return on Equity means Aruma Resources Ltd generated $-0.37 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Aruma Resources Ltd:

The MRQ is -37.2%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -47.3%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-37.2%	TTM	-47.3%	+10.1%
TTM	-47.3%	YOY	-26.0%	-21.3%
TTM	-47.3%	5Y	-28.4%	-18.9%
5Y	-28.4%	10Y	-23.1%	-5.3%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	-37.2%	-4.7%	-32.5%
TTM	-47.3%	-5.7%	-41.6%
YOY	-26.0%	-5.3%	-20.7%
5Y	-28.4%	-8.7%	-19.7%
10Y	-23.1%	-11.1%	-12.0%

Shows how efficient Aruma Resources Ltd is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Gold industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Aruma Resources Ltd is -37.2%. This means Aruma Resources Ltd generated $-0.37 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Gold industry is -4.7%.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if Aruma Resources Ltd existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Aruma Resources Ltd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Aruma Resources Ltd = -1,153
Shareholders equity (balance sheet) MRQ Aruma Resources Ltd = 3,100
-1,153 / 3,100 = -0.37 or -37.2%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Aruma Resources Ltd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Aruma Resources Ltd is operating .

Measures how much profit Aruma Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Aruma Resources Ltd:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-69.8%	+69.8%
TTM	-69.8%	YOY	-87.0%	+17.1%
TTM	-69.8%	5Y	-3,762.1%	+3,692.3%
5Y	-3,762.1%	10Y	-2,644.5%	-1,117.5%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	-	-22.4%	+22.4%
TTM	-69.8%	0.1%	-69.9%
YOY	-87.0%	2.7%	-89.7%
5Y	-3,762.1%	-11.4%	-3,750.7%
10Y	-2,644.5%	-28.5%	-2,616.0%

Measures how efficient Aruma Resources Ltd is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Aruma Resources Ltd is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Aruma Resources Ltd is 0.0%. This means that Aruma Resources Ltd earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Gold industry is -22.4%.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Aruma Resources Ltd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Aruma Resources Ltd = -1,153
Total revenue MRQ Aruma Resources Ltd = 876
$-1,153 / $876 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Aruma Resources Ltd is keeping operating costs low.

Below 1 is considered healthy (always compare to Gold industry mean).
An Operation Ratio of 0.44 means that the operating costs are $0.44 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Aruma Resources Ltd:

The MRQ is 0.443. The company is very efficient in keeping operating costs low. +2
The TTM is 0.454. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.443	TTM	0.454	-0.011
TTM	0.454	YOY	0.141	+0.313
TTM	0.454	5Y	32.922	-32.468
5Y	32.922	10Y	26.254	+6.668

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	0.443	1.507	-1.064
TTM	0.454	1.538	-1.084
YOY	0.141	1.417	-1.276
5Y	32.922	1.460	+31.462
10Y	26.254	1.422	+24.832

Measures how efficient Aruma Resources Ltd is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Aruma Resources Ltd is 44.3%. This means that Aruma Resources Ltd earned $0.44 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Gold industry is 1.51.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Aruma Resources Ltd

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(388 +) \ 876 = 0.44

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Aruma Resources Ltd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Aruma Resources Ltd is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Gold industry mean).
A Current Ratio of 8.90 means the company has $8.90 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Aruma Resources Ltd:

The MRQ is 8.898. The company is very able to pay all its short-term debts. +2
The TTM is 8.361. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	8.898	TTM	8.361	+0.538
TTM	8.361	YOY	17.740	-9.379
TTM	8.361	5Y	9.620	-1.259
5Y	9.620	10Y	7.329	+2.291

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	8.898	2.663	+6.235
TTM	8.361	3.021	+5.340
YOY	17.740	4.121	+13.619
5Y	9.620	4.425	+5.195
10Y	7.329	4.848	+2.481

Measures if Aruma Resources Ltd is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Gold industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Aruma Resources Ltd if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Aruma Resources Ltd is 8.90. This means Aruma Resources Ltd has $8.90 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Gold industry is 2.66.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Aruma Resources Ltd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
3,429 \ 385) = 8.90

The current ratio measures if Aruma Resources Ltd is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Aruma Resources Ltd is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Aruma Resources Ltd does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Aruma Resources Ltd is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Aruma Resources Ltd is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
A Quick Ratio of 8.89 means the company can pay off $8.89 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Aruma Resources Ltd:

The MRQ is 8.891. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 5.718. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	8.891	TTM	5.718	+3.173
TTM	5.718	YOY	9.263	-3.545
TTM	5.718	5Y	5.558	+0.160
5Y	5.558	10Y	6.152	-0.594

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	8.891	0.617	+8.274
TTM	5.718	0.639	+5.079
YOY	9.263	0.821	+8.442
5Y	5.558	1.026	+4.532
10Y	6.152	0.973	+5.179

Measures if Aruma Resources Ltd is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Aruma Resources Ltd can pay off its short term debts. This shows if Aruma Resources Ltd can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Aruma Resources Ltd is 8.89. This means that Aruma Resources Ltd can pay off $8.89 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Gold industry is 0.62.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Aruma Resources Ltd

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Aruma Resources Ltd: (3,222 + 45 +159) / 385 = 8.89

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Aruma Resources Ltd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Aruma Resources Ltd assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Aruma Resources Ltd to Gold industry mean.
A Debt to Asset Ratio of 0.11 means that Aruma Resources Ltd assets are financed with 11.5% credit (debt) and the remaining percentage (100% - 11.5%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Aruma Resources Ltd:

The MRQ is 0.115. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.099. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.115	TTM	0.099	+0.016
TTM	0.099	YOY	0.072	+0.027
TTM	0.099	5Y	0.177	-0.078
5Y	0.177	10Y	0.143	+0.034

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	0.115	0.187	-0.072
TTM	0.099	0.178	-0.079
YOY	0.072	0.151	-0.079
5Y	0.177	0.232	-0.055
10Y	0.143	0.237	-0.094

Measures how much % of Aruma Resources Ltd assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Aruma Resources Ltd than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Aruma Resources Ltd to Gold industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Aruma Resources Ltd is 0.11. This means means that Aruma Resources Ltd is financed with 11.5% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Gold industry is 266.3%.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Aruma Resources Ltd has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Aruma Resources Ltd

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
402 \ 3,503 = 11.5% or 0.11.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Aruma Resources Ltd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Aruma Resources Ltd to the Gold industry mean.
A Debt to Equity ratio of 13.0% means that company has $0.13 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Aruma Resources Ltd:

The MRQ is 0.130. The company is very able to pay all its debts with equity. +2
The TTM is 0.110. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.130	TTM	0.110	+0.019
TTM	0.110	YOY	0.078	+0.033
TTM	0.110	5Y	0.236	-0.125
5Y	0.236	10Y	0.180	+0.056

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	0.130	0.191	-0.061
TTM	0.110	0.200	-0.090
YOY	0.078	0.171	-0.093
5Y	0.236	0.259	-0.023
10Y	0.180	0.272	-0.092

Measures if Aruma Resources Ltd is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Aruma Resources Ltd is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Aruma Resources Ltd is 0.13. This means that Aruma Resources Ltd can pay off $0.13 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Gold industry is 0.19.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Aruma Resources Ltd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
402 \ 3,100 = 0.13 or 13.0%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Aruma Resources Ltd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Aruma Resources Ltd generates.

Above 15 is considered overpriced but always compare Aruma Resources Ltd to the Gold industry mean.
A PE ratio of -7.21 means the investor is paying $-7.21 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Aruma Resources Ltd:

The EOD is -7.078. Company is losing money. -2
The MRQ is -7.215. Company is losing money. -2
The TTM is -11.993. Company is losing money. -2

Trends

Current period		Compared to		+/-
EOD	-7.078	MRQ	-7.215	+0.136
MRQ	-7.215	TTM	-11.993	+4.778
TTM	-11.993	YOY	-22.561	+10.568
TTM	-11.993	5Y	-24.377	+12.384
5Y	-24.377	10Y	-35.040	+10.663

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
EOD	-7.078	-8.790	+1.712
MRQ	-7.215	-10.193	+2.978
TTM	-11.993	-11.993	+0.000
YOY	-22.561	-17.769	-4.792
5Y	-24.377	-18.129	-6.248
10Y	-35.040	-17.608	-17.432

Measures how much money you pay for each share for every $1 in earnings Aruma Resources Ltd generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Aruma Resources Ltd to the Gold industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Aruma Resources Ltd is -7.21. This means the investor is paying $-7.21 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Gold industry is -10.19.
What is the trend?
The trend is important because it shows you how Aruma Resources Ltd is performing over time. The most recent quarter might be important if Aruma Resources Ltd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aruma Resources Ltd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Aruma Resources Ltd

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
-1,153 \ 156,962 = EPS
PE ratio MRQ = -7.21

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Aruma Resources Ltd.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Aruma Resources Ltd:

The MRQ is -9.025. Very Bad. -2
The TTM is -17.585. Very Bad. -2

Trends

Current period		Compared to		+/-
MRQ	-9.025	TTM	-17.585	+8.560
TTM	-17.585	YOY	-33.849	+16.265
TTM	-17.585	5Y	-75,154.294	+75,136.709
5Y	-75,154.294	10Y	-36,636.568	-38,517.725

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	-9.025	-2.717	-6.308
TTM	-17.585	-3.730	-13.855
YOY	-33.849	-1.560	-32.289
5Y	-75,154.294	-2.303	-75,151.991
10Y	-36,636.568	-2.490	-36,634.078

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Aruma Resources Ltd is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Gold industry mean).
A PB ratio of 2.68 means the investor is paying $2.68 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Aruma Resources Ltd:

The EOD is 2.633. Good. +1
The MRQ is 2.683. Good. +1
The TTM is 3.421. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
EOD	2.633	MRQ	2.683	-0.051
MRQ	2.683	TTM	3.421	-0.737
TTM	3.421	YOY	3.822	-0.401
TTM	3.421	5Y	11.172	-7.751
5Y	11.172	10Y	9.044	+2.129

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
EOD	2.633	1.313	+1.320
MRQ	2.683	1.450	+1.233
TTM	3.421	1.573	+1.848
YOY	3.822	2.534	+1.288
5Y	11.172	2.287	+8.885
10Y	9.044	2.416	+6.628

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Aruma Resources Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Aruma Resources Ltd compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.007	-0.001	-93%	0.000	-98%	0.001	-958%	0.000	-6022%
Book Value Growth	-	-	0.728	0.999	-27%	1.005	-28%	1.109	-34%	1.056	-31%
Book Value Per Share	-	-	0.020	0.023	-13%	0.019	+1%	0.010	+96%	0.010	+94%
Book Value Per Share Growth	-	-	0.728	0.999	-27%	1.005	-28%	1.521	-52%	1.234	-41%
Current Ratio	-	-	8.898	8.361	+6%	17.740	-50%	9.620	-8%	7.329	+21%
Debt To Asset Ratio	-	-	0.115	0.099	+17%	0.072	+60%	0.177	-35%	0.143	-20%
Debt To Equity Ratio	-	-	0.130	0.110	+18%	0.078	+67%	0.236	-45%	0.180	-28%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	-0.007	-0.007	-11%	-0.003	-54%	-0.002	-67%	-0.002	-72%
Eps Growth	-	-	0.799	0.782	+2%	0.837	-5%	0.329	+143%	0.623	+28%
Free Cash Flow Per Share	-	-	-0.010	-0.006	-35%	-0.003	-72%	-0.002	-80%	-0.002	-82%
Free Cash Flow Per Share Growth	-	-	-0.084	0.413	-120%	1.019	-108%	-0.425	+406%	0.266	-132%
Free Cash Flow To Equity Per Share	-	-	-0.010	0.000	-98%	0.000	-95%	0.000	-98%	-0.002	-84%
Free Cash Flow To Equity Per Share Growth	-	-	-2.131	0.448	-576%	1.049	-303%	2.272	-194%	0.122	-1843%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	3.656	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-0.061	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	0.047	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.022	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	0.385	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.053	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	1.016	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.069	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	-1.316	-2.794	+112%	-1.648	+25%	-30.815	+2242%	-19.498	+1382%
Operating Margin	-	-	-	-0.698	0%	-0.870	0%	-37.621	0%	-26.445	0%
Operating Ratio	-	-	0.443	0.454	-2%	0.141	+214%	32.922	-99%	26.254	-98%
Pb Ratio	2.633	-2%	2.683	3.421	-22%	3.822	-30%	11.172	-76%	9.044	-70%
Pe Ratio	-7.078	+2%	-7.215	-11.993	+66%	-22.561	+213%	-24.377	+238%	-35.040	+386%
Peg Ratio	-	-	-9.025	-17.585	+95%	-33.849	+275%	-75154.294	+832664%	-36636.568	+405860%
Price Per Share	0.052	-2%	0.053	0.076	-31%	0.073	-27%	0.051	+3%	0.065	-19%
Price To Total Gains Ratio	-7.042	+2%	-7.177	2.137	-436%	2.236	-421%	-19809.143	+275898%	-11129.040	+154959%
Profit Growth	-	-	1.644	0.514	+220%	0.669	+146%	0.200	+721%	0.558	+195%
Quick Ratio	-	-	8.891	5.718	+55%	9.263	-4%	5.558	+60%	6.152	+45%
Return On Assets	-	-	-0.329	-0.422	+28%	-0.243	-26%	-0.236	-28%	-0.195	-41%
Return On Equity	-	-	-0.372	-0.473	+27%	-0.260	-30%	-0.284	-24%	-0.231	-38%
Revenue Growth	-	-	1.911	0.955	+100%	-	+100%	41.423	-95%	21.970	-91%
Total Gains Per Share	-	-	-0.007	-0.001	-93%	0.000	-98%	0.001	-958%	0.000	-6022%
Total Gains Per Share Growth	-	-	-1.281	-0.641	-50%	1.000	-228%	0.796	-261%	169.872	-101%
Usd Book Value	-	-	2062602.978	2376049.537	-13%	2035104.466	+1%	1337627.634	+54%	1302721.678	+58%
Usd Book Value Change Per Share	-	-	-0.005	0.000	-93%	0.000	-98%	0.001	-958%	0.000	-6022%
Usd Book Value Per Share	-	-	0.013	0.015	-13%	0.013	+1%	0.007	+96%	0.007	+94%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	-0.005	-0.004	-11%	-0.002	-54%	-0.002	-67%	-0.001	-72%
Usd Free Cash Flow	-	-	-1011309.224	-660629.150	-35%	-287693.018	-72%	-259287.850	-74%	-224170.536	-78%
Usd Free Cash Flow Per Share	-	-	-0.006	-0.004	-35%	-0.002	-72%	-0.001	-80%	-0.001	-82%
Usd Free Cash Flow To Equity Per Share	-	-	-0.006	0.000	-98%	0.000	-95%	0.000	-98%	-0.001	-84%
Usd Price Per Share	0.035	-2%	0.035	0.051	-31%	0.049	-27%	0.034	+3%	0.044	-19%
Usd Profit	-	-	-767137.471	-1187601.970	+55%	-525700.267	-31%	-422050.957	-45%	-310285.267	-60%
Usd Revenue	-	-	583095.532	296085.112	+97%	111589.106	+423%	160645.999	+263%	117668.370	+396%
Usd Total Gains Per Share	-	-	-0.005	0.000	-93%	0.000	-98%	0.001	-958%	0.000	-6022%
	EOD	+3 -2	MRQ	TTM	+13 -25	YOY	+9 -29	5Y	+15 -23	10Y	+15 -23

4.2. Fundamental Score

Let's check the fundamental score of Aruma Resources Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-7.078
Price to Book Ratio (EOD)	Between	0-1	2.633
Net Profit Margin (MRQ)	Greater than	0	-1.316
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	8.891
Current Ratio (MRQ)	Greater than	1	8.898
Debt to Asset Ratio (MRQ)	Less than	1	0.115
Debt to Equity Ratio (MRQ)	Less than	1	0.130
Return on Equity (MRQ)	Greater than	0.15	-0.372
Return on Assets (MRQ)	Greater than	0.05	-0.329
Total			4/10 (40.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
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4.3. Technical Score

Let's check the technical score of Aruma Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.052
Total			0/1 (0.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary

Total Assets	3,503
Total Liabilities	402
Total Stockholder Equity	3,100

	As reported
Total Liabilities	402
Total Stockholder Equity	+ 3,100
Total Assets	= 3,503

Assets

Total Assets	3,503
Total Current Assets	3,429
Long-term Assets	3,429

Total Current Assets

Total Current Assets (as reported)	3,429
Short-term Investments	45
Net Receivables	159
Other Current Assets	48
Total Current Assets (calculated)	252
+/-	3,177

Long-term Assets

Long-term Assets (as reported)	0
Property Plant Equipment	74
Long-term Assets (calculated)	74
+/-	74

Liabilities & Shareholders' Equity

Total Current Liabilities	385
Long-term Liabilities	-
Total Stockholder Equity	3,100

Total Current Liabilities

Total Current Liabilities (as reported)	385
Total Current Liabilities (calculated)	0
+/-	385

Long-term Liabilities

Long-term Liabilities (as reported)	0
Long term Debt Total	17
Long-term Liabilities (calculated)	17
+/-	17

Total Stockholder Equity

Total Stockholder Equity (as reported)	3,100
Common Stock	20,659
Retained Earnings	-17,559
Total Stockholder Equity (calculated)	3,100
+/-	0

Other

Cash And Equivalents	3,177
Cash and Short Term Investments	3,222
Common Stock Shares Outstanding	156,962
Liabilities and Stockholders Equity	3,503

Balance Sheet

Currency in AUD. All numbers in thousands.

Trend

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2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

> Total Assets

3,563
4,248
4,248
3,498
3,498
3,946
3,946
2,961
2,961
2,479
2,479
3,785
3,785
3,312
3,312
2,880
2,880
2,036
2,036
1,192
1,192
1,584
1,584
1,181
1,181
1,935
1,935
1,581
1,581
1,825
1,825
1,681
1,681
1,219
1,219
1,149
1,149
1,423
1,423
0
1,521
0
3,852
0
2,894
0
3,562
0
4,854
3,503

3,503

4,854

3,562

2,894

3,852

1,521

1,423

1,149

1,219

1,681

1,825

1,581

1,935

1,181

1,584

1,192

2,036

2,880

3,312

3,785

2,479

2,961

3,946

3,498

4,248

3,563

> Total Current Assets

0
0
0
0
3,134
0
0
0
2,402
0
0
0
3,323
0
0
0
2,569
0
0
0
944
0
0
1,000
1,012
1,772
1,772
1,288
1,288
1,519
1,519
1,180
1,180
738
738
701
701
979
979
1,200
1,200
3,709
3,709
2,846
2,846
3,524
3,524
4,816
4,816
3,429

3,429

4,816

3,524

2,846

3,709

1,200

979

701

738

1,180

1,519

1,288

1,772

1,012

1,000

944

2,569

3,323

2,402

3,134

Cash And Cash Equivalents

0
0
0
0
2,975
0
0
0
2,330
0
0
0
1,702
0
0
0
928
0
0
0
916
0
0
0
500
627
627
84
84
556
556
713
713
667
667
664
664
869
869
0
1,057
0
3,489
0
2,692
0
3,270
0
4,701
0

4,701

3,270

2,692

3,489

1,057

869

664

667

713

556

627

500

916

928

1,702

2,330

2,975

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
1,500
0
0
0
1,565
0
0
0
0
0
0
1,000
504
769
769
1,161
1,161
668
668
410
410
0
0
0
0
0
0
0
74
0
106
0
130
0
115
0
51
45

115

130

106

410

668

1,161

769

504

1,000

1,565

1,500

Net Receivables

23
164
164
146
146
406
406
64
64
272
272
111
111
682
682
63
63
622
622
13
13
701
701
5
5
358
358
38
38
271
271
46
46
49
49
33
33
84
84
62
62
97
97
19
19
78
78
57
57
159

159

271

358

701

622

682

111

272

406

146

164

Other Current Assets

0
13
13
13
13
34
34
3
9
35
35
5
10
24
24
7
12
29
29
9
14
16
16
4
4
18
18
6
6
24
24
11
11
21
21
0
4
0
25
7
7
18
18
35
5
60
60
0
7
48

> Long-term Assets

0
0
0
0
363
0
0
0
559
0
0
0
462
0
0
0
311
0
0
0
248
0
0
0
168
0
0
0
293
0
0
0
501
0
0
0
448
0
0
0
322
0
0
0
48
0
0
0
39
0

322

448

501

293

168

248

311

462

559

363

Property Plant Equipment

230
351
351
363
363
559
559
559
559
556
556
462
462
270
270
312
311
315
315
249
248
172
172
168
168
164
164
293
293
307
307
501
501
482
482
448
448
445
445
322
322
143
143
48
48
38
38
39
39
74

143

322

445

448

482

501

307

293

164

168

172

248

249

315

311

312

270

462

556

559

363

351

230

> Total Liabilities

3,541
292
292
156
156
277
277
176
176
142
142
398
398
248
248
184
184
286
286
182
182
224
224
93
93
127
127
154
154
333
333
148
148
260
260
415
415
378
378
0
426
0
383
0
188
0
207
0
595
402

402

595

207

188

383

426

378

415

260

148

333

154

127

224

182

286

184

248

398

142

176

277

156

292

3,541

> Total Current Liabilities

3,541
292
292
156
156
277
277
176
176
142
142
398
398
248
248
184
184
286
286
182
182
224
224
93
93
127
127
154
154
333
333
148
148
260
260
123
123
117
117
136
136
383
383
154
154
207
207
595
595
385

385

595

207

154

383

136

117

123

260

148

333

154

127

224

182

286

184

248

398

142

176

277

156

292

3,541

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
1,500
0
0
0
1,565
0
0
0
0
0
0
0
504
0
0
0
1,161
0
0
0
410
0
0
0
0
0
0
0
74
0
0
0
0
0
0
0
0
0

410

1,161

504

1,565

1,500

Accounts payable

21
280
280
135
135
242
242
137
137
105
105
345
345
180
180
119
119
212
212
114
114
165
165
47
47
102
102
122
122
307
307
127
127
234
234
96
96
53
53
97
97
314
314
94
94
88
88
426
426
0

426

314

234

127

307

122

102

165

114

212

119

180

345

105

137

242

135

280

Other Current Liabilities

3,309
12
12
21
21
35
35
39
39
37
37
53
53
68
68
66
65
74
74
69
69
60
60
46
46
24
24
32
32
26
26
21
21
26
26
0
27
0
0
13
39
69
69
0
60
0
0
0
170
0

170

3,309

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
292
0
0
0
290
0
0
0
34
0
0
0
426
0

426

290

292

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
292
292
261
261
290
290
0
0
34
34
0
0
0
0
0

290

261

292

> Total Stockholder Equity

22
3,956
3,956
3,342
3,342
3,669
3,669
2,786
2,785
2,337
2,337
3,386
3,386
3,064
3,064
2,697
2,697
1,750
1,750
1,010
1,010
1,360
1,360
1,088
1,088
1,809
1,809
1,427
1,427
1,493
1,493
1,532
1,532
959
959
735
735
1,046
1,046
0
1,096
0
3,470
0
2,706
0
3,355
0
4,259
3,100

3,100

4,259

3,355

2,706

3,470

1,096

1,046

735

959

1,532

1,493

1,427

1,809

1,088

1,360

1,010

1,750

2,697

3,064

3,386

2,337

2,785

2,786

3,669

3,342

3,956

Retained Earnings

-17,559

-17,179

-15,258

-13,937

-13,151

-12,410

-12,123

-12,193

-11,061

-11,195

-10,564

-9,425

-9,529

-8,796

-8,380

-8,235

-8,000

-7,932

-6,129

-4,885

-3,052

-1,872

Accumulated Other Comprehensive Income

0
0
0
0
373
0
0
0
-9
0
0
0
95
0
0
0
95
0
0
0
212
0
0
0
128
0
0
0
84
0
0
0
134
0
0
0
134
0
0
0
68
0
0
0
322
0
0
0
779
0

779

322

134

128

212

-9

373

Capital Surplus

Treasury Stock

Balance Sheet

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30
Accounts Payable	426	94	97	96	127	122	47	114	119	345	137	135	21
Accumulated Other Comprehensive Income	779	322	68	134	134	84	128	212	95	95	-9	373	-
Capital Stock	20,659	16,321	13,438	12,794	-	-	-	-	-	-	-	-	-
Cash	4,701	2,692	1,057	664	713	84	500	916	928	1,702	2,330	2,975	3,311
Cash And Equivalents	4,701	2,692	1,057	664	713	84	500	-	-	-	-	-	-
Cash And Short Term Investments	4,752	2,822	1,131	664	1,123	1,245	1,004	916	2,493	3,202	2,330	2,975	-
Common Stock	20,659	16,321	13,438	12,794	11,962	10,139	9,195	8,730	8,730	8,176	5,838	4,841	46
Common Stock Shares Outstanding	132,777	95,761	45,753	36,981	29,285	313,876	202,552	174,966	156,537	92,935	88,481	74,898	-
Common Stock Total Equity	-	-	13,438	12,794	11,962	10,139	9,195	8,730	8,730	8,176	5,838	4,841	-
Liabilities And Stockholders Equity	4,854	2,894	1,521	1,149	1,681	1,581	1,181	1,192	2,880	3,785	2,961	3,498	-
Long Term Debt Total	0	0	0	0	0	0	0	-	-	-	-	-	-
Net Debt	-4,701	-2,692	-1,057	-664	-713	-84	-500	-916	-928	-1,702	-2,330	-2,975	-
Net Invested Capital	4,259	2,706	1,096	735	1,532	1,427	-	-	-	-	-	-	-
Net Receivables	57	19	62	33	46	38	5	13	63	111	64	146	23
Net Tangible Assets	4,259	2,706	1,096	735	1,532	1,427	1,088	1,010	2,697	-	-	-	-
Net Working Capital	4,221	2,692	1,064	578	1,031	1,134	-	-	-	-	-	-	-
Non Current Assets Total	39	48	322	448	501	293	168	248	311	462	559	363	-
Non Current Liabilities Total	426	34	290	292	0	0	0	-	-	-	-	-	-
Non Currrent Assets Other	-	-	-	448	501	293	168	-	-	-	-	-	-
Other Current Assets	7	5	7	4	11	6	4	14	12	10	9	13	-
Other Current Liab	170	60	39	27	21	32	46	69	65	53	39	21	3,309
Other Liab	-	34	290	292	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	779	322	68	134	134	84	128	212	95	-	9	-	-
Property Plant And Equipment Gross	-	-	322	448	501	293	168	248	311	462	559	363	-
Property Plant And Equipment Net	39	48	322	448	501	293	168	248	311	462	559	363	-
Property Plant Equipment	39	48	322	448	501	293	168	248	311	462	559	363	230
Retained Earnings	-17,179	-13,937	-12,410	-12,193	-10,564	-8,796	-8,235	-7,932	-6,129	-4,885	-3,052	-1,872	-
Short Term Debt	0	0	74	0	410	1,161	504	-	1,565	1,500	-	-	-
Short Term Investments	51	130	74	0	410	1,161	504	5	1,565	1,500	5	-	-
Total Assets	4,854	2,894	1,521	1,149	1,681	1,581	1,181	1,192	2,880	3,785	2,961	3,498	3,563
Total Current Assets	4,816	2,846	1,200	701	1,180	1,288	1,012	944	2,569	3,323	2,402	3,134	-
Total Current Liabilities	595	154	136	123	148	154	93	182	184	398	176	156	3,541
Total Liab	595	188	426	415	148	154	93	182	184	398	176	156	3,541
Total Stockholder Equity	4,259	2,706	1,096	735	1,532	1,427	1,088	1,010	2,697	3,386	2,785	3,342	22

	2022-12-31	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30
Accounts Payable	-	426	426	88	88	94	94	314	314	97	97	53	53	96	96	234	234	127	127	307	307	122	122	102	102	47	47	165	165	114	114	212	212	119	119	180	180	345	345	105	105	137	137	242	242	135	135	280	280	21
Accumulated Other Comprehensive Income	-	779	-	-	-	322	-	-	-	68	-	-	-	134	-	-	-	134	-	-	-	84	-	-	-	128	-	-	-	212	-	-	-	95	-	-	-	95	-	-	-	-9	-	-	-	373	-	-	-	-
Capital Stock	-	20,659	-	-	-	16,321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	-	4,701	-	3,270	-	2,692	-	3,489	-	1,057	-	869	869	664	664	667	667	713	713	556	556	84	84	627	627	500	-	-	-	916	-	-	-	928	-	-	-	1,702	-	-	-	2,330	-	-	-	2,975	-	-	-	-
Cash And Equivalents	3,177	4,701	-	3,270	-	2,692	-	3,489	-	1,057	-	869	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	3,222	4,752	-	3,385	-	2,822	-	3,594	-	1,131	-	869	-	664	-	667	-	1,123	-	1,224	-	1,245	-	-	-	1,004	-	-	-	916	-	-	-	2,493	-	-	-	3,202	-	-	-	2,330	-	-	-	2,975	-	-	-	-
Common Stock	20,659	20,659	20,659	17,769	17,769	16,321	16,321	16,321	16,321	13,438	13,438	13,035	13,035	12,794	12,794	12,020	12,020	11,962	11,962	10,918	10,918	10,139	10,139	10,061	10,061	9,195	9,195	9,195	9,195	8,730	8,730	8,730	8,730	8,730	8,730	8,176	8,176	8,176	8,176	5,838	5,838	5,838	5,838	5,838	5,838	4,841	4,841	4,839	4,839	46
Common Stock Shares Outstanding	156,962	156,961	-	132,081	-	105,961	-	81,013	554,711	554,711	554,711	554,711	-	554,711	554,711	554,711	-	439,270	439,270	439,270	-	313,876	313,876	313,876	-	202,552	202,552	202,552	174,966	174,966	174,966	174,966	156,537	156,537	156,537	156,537	92,935	92,935	92,935	92,935	88,481	88,481	88,481	88,481	74,898	74,898	74,898	74,898	-	-
Common Stock Total Equity	-	-	-	-	-	-	-	-	-	13,438	-	-	-	12,794	-	-	-	11,962	-	-	-	10,139	-	-	-	9,195	-	-	-	8,730	-	-	-	8,730	-	-	-	8,176	-	-	-	5,838	-	-	-	4,841	-	-	-	-
Liabilities And Stockholders Equity	3,503	4,854	-	3,562	-	2,894	-	3,852	-	1,521	-	1,423	-	1,149	-	-	-	1,681	-	-	-	1,581	-	-	-	1,181	-	-	-	1,192	-	-	-	2,880	-	-	-	3,785	-	-	-	2,961	-	-	-	3,498	-	-	-	-
Long Term Debt Total	17	0	-	0	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	-	-4,701	-	-	-	-2,692	-	-	-	-1,057	-	-	-	-664	-	-	-	-713	-	-	-	-84	-	-	-	-500	-	-	-	-916	-	-	-	-928	-	-	-	-1,702	-	-	-	-2,330	-	-	-	-2,975	-	-	-	-
Net Invested Capital	-	4,259	-	-	-	2,706	-	-	-	1,096	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	159	57	57	78	78	19	19	97	97	62	62	84	84	33	33	49	49	46	46	271	271	38	38	358	358	5	5	701	701	13	13	622	622	63	63	682	682	111	111	272	272	64	64	406	406	146	146	164	164	23
Net Tangible Assets	-	4,259	4,259	3,355	3,355	2,706	2,706	3,470	3,470	1,096	1,096	1,046	1,046	735	735	959	959	1,532	1,532	1,493	1,493	1,427	1,427	1,809	1,809	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	-	4,221	-	-	-	2,692	-	-	-	1,064	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	-	39	-	-	-	48	-	-	-	322	-	-	-	448	-	-	-	501	-	-	-	293	-	-	-	168	-	-	-	248	-	-	-	311	-	-	-	462	-	-	-	559	-	-	-	363	-	-	-	-
Non Current Liabilities Total	-	426	-	-	-	34	-	-	-	290	-	-	-	292	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	-	-	448	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	48	7	-	60	60	5	35	18	18	7	7	25	-	4	-	21	21	11	11	24	24	6	6	18	18	4	4	16	16	14	9	29	29	12	7	24	24	10	5	35	35	9	3	34	34	13	13	13	13	-
Other Current Liab	-	170	-	-	-	60	-	69	69	39	13	-	-	27	-	26	26	21	21	26	26	32	32	24	24	46	46	60	60	69	69	74	74	65	66	68	68	53	53	37	37	39	39	35	35	21	21	12	12	3,309
Other Liab	-	-	-	-	-	34	34	-	-	290	290	261	261	292	292	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	-	779	779	843	843	322	322	299	299	68	68	134	134	134	134	134	134	134	134	104	104	84	84	128	128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	-	-	-	-	-	-	-	-	-	322	-	-	-	448	-	-	-	501	-	-	-	293	-	-	-	168	-	-	-	248	-	-	-	311	-	-	-	462	-	-	-	559	-	-	-	363	-	-	-	-
Property Plant And Equipment Net	-	39	-	-	-	48	-	-	-	322	-	-	-	448	-	-	-	501	-	-	-	293	-	-	-	168	-	-	-	248	-	-	-	311	-	-	-	462	-	-	-	559	-	-	-	363	-	-	-	-
Property Plant Equipment	74	39	39	38	38	48	48	143	143	322	322	445	445	448	448	482	482	501	501	307	307	293	293	164	164	168	168	172	172	249	249	315	315	312	312	270	270	462	462	556	556	559	559	559	559	363	363	351	351	230
Retained Earnings	-17,559	-17,179	-17,179	-15,258	-15,258	-13,937	-13,937	-13,151	-13,151	-12,410	-12,410	-12,123	-12,123	-12,193	-12,193	-11,061	-11,195	-10,564	-10,564	-9,425	-9,529	-8,796	-8,796	-8,380	-8,380	-8,235	-8,000	-	-	-7,932	-	-	-	-6,129	-	-	-	-4,885	-	-	-	-3,052	-	-	-	-1,872	-	-	-	-
Short Term Debt	0	0	-	0	-	0	-	0	-	74	-	0	-	-	-	-	-	410	-	-	-	1,161	-	-	-	504	-	-	-	-	-	-	-	1,565	-	-	-	1,500	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	45	51	-	115	-	130	-	106	-	74	-	-	-	-	-	-	-	410	410	668	668	1,161	1,161	769	769	504	1,000	-	-	-	-	-	-	1,565	-	-	-	1,500	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	3,503	4,854	-	3,562	-	2,894	-	3,852	-	1,521	-	1,423	1,423	1,149	1,149	1,219	1,219	1,681	1,681	1,825	1,825	1,581	1,581	1,935	1,935	1,181	1,181	1,584	1,584	1,192	1,192	2,036	2,036	2,880	2,880	3,312	3,312	3,785	3,785	2,479	2,479	2,961	2,961	3,946	3,946	3,498	3,498	4,248	4,248	3,563
Total Current Assets	3,429	4,816	4,816	3,524	3,524	2,846	2,846	3,709	3,709	1,200	1,200	979	979	701	701	738	738	1,180	1,180	1,519	1,519	1,288	1,288	1,772	1,772	1,012	1,000	-	-	944	-	-	-	2,569	-	-	-	3,323	-	-	-	2,402	-	-	-	3,134	-	-	-	-
Total Current Liabilities	385	595	595	207	207	154	154	383	383	136	136	117	117	123	123	260	260	148	148	333	333	154	154	127	127	93	93	224	224	182	182	286	286	184	184	248	248	398	398	142	142	176	176	277	277	156	156	292	292	3,541
Total Liab	402	595	-	207	-	188	-	383	-	426	-	378	378	415	415	260	260	148	148	333	333	154	154	127	127	93	93	224	224	182	182	286	286	184	184	248	248	398	398	142	142	176	176	277	277	156	156	292	292	3,541
Total Stockholder Equity	3,100	4,259	-	3,355	-	2,706	-	3,470	-	1,096	-	1,046	1,046	735	735	959	959	1,532	1,532	1,493	1,493	1,427	1,427	1,809	1,809	1,088	1,088	1,360	1,360	1,010	1,010	1,750	1,750	2,697	2,697	3,064	3,064	3,386	3,386	2,337	2,337	2,785	2,786	3,669	3,669	3,342	3,342	3,956	3,956	22

Cash Flow

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30
Begin Period Cash Flow	2,692	1,057	664	713	84	500	916	928	1,702	2,330	2,975	3,311	-
Capital Expenditures	20	9	9	31	53	58	3	6	44	20	11	63	5
Change In Cash	2,009	1,635	393	-49	629	-416	-417	-12	-774	-628	-645	-335	-
Change In Working Capital	-1,098	-693	95	-991	-1,236	-527	-611	-	-	-	-	-	-
Change To Account Receivables	-38	-7	-29	13	-8	-33	8	50	47	-	82	-	-
Change To Liabilities	331	-15	1	-2	-24	75	-67	-5	-226	-	-	-	-
Change To Netincome	506	124	120	180	104	104	35	134	134	-	-	-	-
Change To Operating Activities	104	-304	-82	305	-16	-15	-12	2	9	-	-	-	-
Depreciation	29	7	7	18	23	13	12	13	4	5	5	3	-
End Period Cash Flow	4,701	2,692	1,057	664	713	84	500	916	928	1,702	2,330	2,975	3,311
Free Cash Flow	-20	-9	-264	-31	-1,768	-623	-343	-1,577	-1,264	-1,497	-1,452	-1,537	-
Investments	-20	86	86	410	751	-657	-506	1,565	-65	-	-	-	-
Issuance Of Capital Stock	4,660	3,039	721	688	-	-	-	-	-	-	-	-	-
Net Income	-3,242	-1,596	-281	-1,629	-1,886	-605	-387	-1,821	-1,244	-1,832	-1,553	-1,476	-
Other Cashflows From Financing Activities	-20	577	-264	378	-1,715	-565	-340	-1,571	-1,220	-1,477	-1,441	2	-
Other Cashflows From Investing Activities	0	586	0	410	751	-657	-504	1,565	-1	-	-	-	-
Other Non Cash Items	-	1,590	274	1,611	1,863	592	376	1,808	1,240	1,827	1,548	1,472	-
Sale Purchase Of Stock	-322	-189	-64	-36	-124	-99	-33	463	-6	-130	-42	-310	-
Total Cash From Financing Activities	4,338	2,850	657	652	1,646	864	430	430	554	2,370	907	1,201	3,341
Total Cash From Operating Activities	-2,309	-1,793	-264	-1,078	-1,715	-565	-340	-1,571	-1,220	-1,000	-	-	-
Total Cashflows From Investing Activities	-20	577	577	378	698	-715	-506	1,559	-109	-2,000	-	-	-

	2022-12-31	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30
Begin Period Cash Flow	-	-	-	-	-	-	-	264	166	166	166	166	166	178	178	178	178	21	21	21	21	125	125	125	125	229	229	229	232	232	232	232	426	426	426	426	582	582	582	582	744	744	744	744	828	828	828	828	-	-
Capital Expenditures	4	3	3	7	7	2	2	3	3	3	3	0	0	8	8	8	16	13	13	13	15	14	14	14	1	1	1	1	2	2	2	2	11	11	11	11	5	5	5	5	3	3	3	3	16	16	16	16	28	11
Change In Cash	-1,595	716	716	289	289	-398	-398	1,216	98	98	98	98	102	-12	-12	-12	-23	157	157	157	236	-104	-104	-104	64	-104	-104	-104	-3	-3	-3	-3	-194	-194	-194	-194	-157	-157	-157	-157	-161	-161	-161	-161	-84	-84	-84	-84	-	-
Change In Working Capital	-611	-1,098	-	-171	-	-693	-	-441	-	95	-	-236	-	-991	-	-628	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Account Receivables	-	-19	-19	-19	-19	-4	-4	-4	-4	-15	-15	-	-	7	7	7	7	-4	-4	-4	-4	-16	-16	-16	-16	8	4	-	-	50	25	-	-	47	24	-	-	-	-	-	-	82	41	-	-	-	-	-	-	-
Change To Liabilities	-	166	166	0	0	-8	-8	0	0	1	1	0	0	-1	-1	0	0	-12	-12	0	0	37	37	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Netincome	-	23	23	230	230	126	126	-64	-64	55	55	-55	-55	-4	-4	94	94	51	51	1	1	167	167	-167	-167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Operating Activities	-	52	52	52	52	-152	-152	-152	-152	-41	-41	-41	-41	152	152	152	152	-8	-8	-8	-8	-8	-8	-8	-8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	-	12	12	2	2	2	2	1	2	2	2	2	2	4	4	4	11	6	6	6	53	3	3	3	3	3	3	3	3	3	3	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	-	-
End Period Cash Flow	-	-	-	-	-	-	-	-	264	264	264	264	166	166	166	166	178	178	178	178	21	21	21	21	125	125	125	125	229	229	229	229	232	232	232	232	426	426	426	426	582	582	582	582	744	744	744	744	828	-
Free Cash Flow	-	-	-	-	-	-	-	-	-66	-66	-66	-66	-	-277	-277	-277	-	-442	-442	-442	-	-156	-156	-156	-	-86	-86	-86	-394	-394	-394	-394	-316	-316	-316	-316	-374	-374	-374	-374	-363	-363	-363	-363	-384	-384	-384	-384	-	-
Investments	-	-	-	-	-	43	43	43	43	-	-	-	-	-	-	205	205	129	129	246	246	-196	-196	-133	-133	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-	-960	-960	-660	-660	-393	-393	-405	-70	-70	-70	-70	35	-407	-407	-407	-316	-471	-471	-471	-408	-151	-151	-151	-72	-97	-97	-97	-455	-455	-455	-455	-311	-311	-311	-311	-458	-458	-458	-458	-388	-388	-388	-388	-369	-369	-369	-369	-	-
Other Cashflows From Financing Activities	0	-105	-105	-56	-56	-18	-18	-83	-230	-230	-230	-230	-9	-433	-433	-433	-1	-840	-840	-840	-26	-357	-357	-357	-49	-193	-193	-193	-393	-393	-393	-393	-444	-444	-444	-444	-962	-962	-962	-962	-587	-587	-587	-587	-668	-668	-668	-668	-	-
Other Cashflows From Investing Activities	-70	0	-	-	-	586	-	500	-	0	-	0	-	410	-	410	-	751	-	493	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non Cash Items	-	-	-	-	-	-	-	-	69	69	69	69	-	403	403	403	-	466	466	466	-	148	148	148	-	94	94	94	452	452	452	452	310	310	310	310	457	457	457	457	387	387	387	387	368	368	368	368	-	-
Sale Purchase Of Stock	0	4,660	-	1,560	-	3,039	-	3,039	-16	-16	-16	-16	-	-9	-9	-9	-	-31	-31	-31	385	-25	-25	-25	481	-8	-8	-8	-	-	-	-	-1	-1	-1	-1	-33	-33	-33	-33	-10	-10	-10	-10	-77	-77	-77	-77	-	-
Total Cash From Financing Activities	-5	1,445	1,445	724	724	-12	-12	1,437	-66	-66	-66	-66	121	-270	-270	-270	-1	-429	-429	-429	359	-141	-141	-141	433	-85	-85	-85	-393	-393	-393	-393	-305	-305	-305	-305	-369	-369	-369	-369	-360	-360	-360	-360	-368	-368	-368	-368	711	6,683
Total Cash From Operating Activities	-1,516	-727	-727	-428	-428	-428	-428	-468	-468	-113	-113	-18	-18	-1,078	-328	-422	-211	-1,715	-503	-709	-355	-47	-47	-236	-236	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cashflows From Investing Activities	-74	-3	-3	-7	-7	42	42	247	247	247	247	0	-	378	-	378	189	698	118	463	232	-224	-224	-133	-133	-	-	-	-	1,559	1,559	1,559	780	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Income Statement

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30
Cost Of Revenue	422	164	8	58	7	5	3	135	917	1,307	1,103	1,012	14
Depreciation And Amortization	9	7	7	18	23	13	12	13	4	5	5	3	-
Ebit	-3,661	-2,238	-281	-1,629	-1,792	-989	-1,238	-2,344	-1,777	-2,220	-2,084	-1,670	-
Ebitda	-3,652	-2,231	-274	-1,611	-1,769	-976	-1,226	-2,332	-1,773	-2,215	-2,079	-1,667	-
Gross Profit	37	458	607	446	244	355	30	403	0	0	-	34	-
Income Before Tax	-3,242	-1,596	-281	-1,629	-1,886	-605	-387	-1,821	-1,244	-1,832	-1,553	-1,476	-
Income Tax Expense	1	-641	0	0	0	0	0	0	0	0	-	-	-
Interest Expense	1	0	0	0	1	0	0	0	0	0	0	0	0
Interest Income	1	1	0	2	15	24	16	42	-	-	-	-	-
Net Income	-3,243	-955	-281	-1,629	-1,886	-605	-387	-1,821	-1,244	-1,832	-1,553	-1,476	-
Net Income Applicable To Common Shares	-3,242	-1,596	-281	-1,629	-1,886	-605	-387	-1,821	-1,244	-	-	-	-
Net Income From Continuing Ops	-3,242	-1,596	-281	-1,629	-1,886	-605	-387	-1,821	-1,244	-	-	-	-
Net Interest Income	1	1	0	2	15	24	16	-	-	-	-	-	-
Operating Income	-3,661	-2,238	-281	-1,629	-2,060	-989	-1,238	-2,344	-1,777	-2,220	-2,084	-1,670	-
Other Operating Expenses	3,681	2,238	897	2,135	241	83	81	316	447	-	-	-	-
Reconciled Depreciation	9	7	7	18	23	13	-	-	-	-	-	-	-
Selling And Marketing Expenses	170	-	-	-	-	-	-	-	-	-	-	-	-
Selling General Administrative	1,351	840	178	383	421	251	286	622	511	579	565	421	373
Tax Provision	0	0	0	0	0	0	0	-	-	-	-	-	-
Total Operating Expenses	3,681	2,238	897	2,135	2,060	989	1,268	2,344	1,777	2,220	2,084	1,704	-
Total Other Income Expense Net	420	641	0	0	174	-384	-851	-523	-533	-388	-531	-195	-
Total Revenue	459	622	615	504	252	360	30	538	0	0	-	34	-

	2022-12-31	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30
Cost Of Revenue	388	422	-	336	-	-36	-	200	-	-54	-	62	-	58	-	79	0	-43	316	50	309	100	100	147	147	56	56	250	250	127	127	560	560	253	253	205	205	433	433	220	220	165	165	387	387	112	112	394	394
Depreciation And Amortization	-	-	-	-	-	-	-	-	2	2	2	2	-	4	4	4	-	6	6	6	-	3	3	3	-	3	3	3	3	3	3	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	-
Ebit	-	-961	-961	-660	-660	-432	-432	-405	-70	-70	-70	-70	35	-525	-525	-525	-316	-515	-515	-515	-408	-247	-247	-247	-78	-310	-310	-310	-586	-586	-586	-586	-444	-444	-444	-444	-555	-555	-555	-555	-521	-521	-521	-521	-418	-418	-418	-418	-
Ebitda	-	-	-	-	-	-	-	-	-69	-69	-69	-69	-	-520	-520	-520	-	-509	-509	-509	-	-244	-244	-244	-	-307	-307	-307	-583	-583	-583	-583	-443	-443	-443	-443	-554	-554	-554	-554	-520	-520	-520	-520	-417	-417	-417	-417	-
Gross Profit	488	37	-	123	-	247	-	211	-	118	-	489	275	446	-1	427	253	54	6	190	120	5	5	28	34	8	8	8	129	-	-	-	-	-	-	113	113	-	-	-	-	-	-	-	9	9	9	9	-
Income Before Tax	-1,153	-3,242	-	-1,321	-	-786	-	-810	-70	-70	-70	-70	35	-407	-407	-407	-316	-471	-471	-471	-408	-151	-151	-151	-72	-97	-97	-97	-455	-455	-455	-455	-311	-311	-311	-311	-458	-458	-458	-458	-388	-388	-388	-388	-369	-369	-369	-369	-
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	1	-	-	-	-	-	-	-	0	0	0	0	-	0	0	0	0	0	0	0	0	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Interest Income	-	1	-	-	-	1	-	-	-	0	-	-	-	2	-	-	-	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-1,153	-3,242	-	-1,321	-	-786	-	-810	-70	-70	-70	-70	35	-407	-407	-407	-316	-471	-471	-471	-408	-151	-151	-151	-72	-97	-97	-97	-455	-455	-455	-455	-311	-311	-311	-311	-458	-458	-458	-458	-388	-388	-388	-388	-369	-369	-369	-369	-
Net Income Applicable To Common Shares	-1,153	-960	-960	-660	-660	-393	-393	-405	-405	-175	-175	35	35	-1,629	-499	-631	-316	-1,069	-534	-817	-408	-230	-230	-72	-72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	-	-	-	-	-	-	-	-	-	-	-	35	35	-499	-499	-316	-316	-534	-534	-408	-408	-230	-230	-72	-72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-1,153	-3,243	-	-1,321	-	-788	-	-810	-194	-194	-194	-194	35	-525	-525	-525	-316	-515	-515	-515	-408	-247	-247	-247	-78	-310	-310	-310	-586	-586	-586	-586	-444	-444	-444	-444	-555	-555	-555	-555	-521	-521	-521	-521	-418	-418	-418	-418	-
Other Operating Expenses	-	234	234	76	76	20	20	96	96	25	25	32	32	52	52	45	45	85	85	35	35	7	7	34	34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	-	-	-	-	-	-	-	-	2	2	2	2	-	4	4	4	-	6	6	6	-	3	3	3	-	3	3	3	3	3	3	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	-
Selling General Administrative	307	1,221	-	651	-	432	-	434	44	44	44	44	91	96	96	96	122	105	105	105	132	63	63	63	68	71	71	71	155	155	155	155	128	128	128	128	145	145	145	145	141	141	141	141	105	105	105	105	59
Tax Provision	0	0	-	0	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	148	148	148	148	241	425	425	425	569	404	404	404	528	181	181	181	253	243	243	243	427	427	427	427	315	315	315	315	409	409	409	409	379	379	379	379	320	320	320	320	-
Total Other Income Expense Net	-	-	-	-	-	-	-	-	124	124	124	124	-	-117	-117	-117	0	-43	-43	-43	0	-96	-96	-96	5	-213	-213	-213	-131	-131	-131	-131	-133	-133	-133	-133	-97	-97	-97	-97	-133	-133	-133	-133	-49	-49	-49	-49	-
Total Revenue	876	459	-	459	-	212	-	411	-	64	-	551	275	504	1	506	253	12	6	240	120	5	5	175	181	8	8	8	379	-	-	258	258	-	-	318	318	16	16	126	126	-	-	-	9	9	9	9	-

Latest Income Statement (annual, 2022-06-30)

Gross Profit (+$)
totalRevenue	459
Cost of Revenue	-422
Gross Profit	37	37

Operating Income (+$)
Gross Profit	37
Operating Expense	-3,681
Operating Income	-3,661	-3,644

Operating Expense (+$)
Research Development	-
Selling General Administrative	1,351
Selling And Marketing Expenses	170
Operating Expense	3,681	1,521

Net Interest Income (+$)
Interest Income	1
Interest Expense	-1
Other Finance Cost	-1
Net Interest Income	1

Pretax Income (+$)
Operating Income	-3,661
Net Interest Income	1
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-3,242	-4,081 EBIT - interestExpense = -3,662 -3,242 -3,242
Interest Expense	1
Earnings Before Interest and Taxes (EBIT)	-3,661	-3,241
Earnings Before Interest and Taxes (EBITDA)	-3,652

After tax Income (+$)
Income Before Tax	-3,242
Tax Provision	-0
Net Income From Continuing Ops	-3,242	-3,242
Net Income	-3,243
Net Income Applicable To Common Shares	-3,242

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	3,681
Total Other Income/Expenses Net	420	-1

Technicals of Aruma Resources Ltd

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Aruma Resources Ltd Daily Moving Averages Chart

1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Aruma Resources Ltd:

Aruma Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Aruma Resources Ltd:

The ADX is .

Aruma Resources Ltd Daily Directional Movement Index (DMI) Chart

1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

The Parabolic SAR is lower than the price. The current trend is up. +2

Aruma Resources Ltd Daily Parabolic SAR Chart

2. Momentum Indicators

2.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

The RSI is below 50. -1
The RSI is below 30 and oversold. +2

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Aruma Resources Ltd Daily Relative Strength Index (RSI) Chart

2.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

The Stochastic is below 50. -1
The Stochastic is below 30 and oversold. +2

Aruma Resources Ltd Daily Stochastic Oscillator Chart

2.3 Commodity Channel Index (CCI)

Aruma Resources Ltd Daily Commodity Channel Index (CCI) Chart

2.4 Chande Momentum Oscillator (CMO)

Aruma Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart

2.5 Williams %R

Aruma Resources Ltd Daily Williams %R Chart

3. Volatility Indicators

3.1 Bollinger Bands

Aruma Resources Ltd Daily Bollinger Bands Chart

3.2 Average True Range (ATR)

Aruma Resources Ltd Daily Average True Range (ATR) Chart

4. Volume Indicators

4.1 On-Balance Volume (OBV)

Aruma Resources Ltd Daily On-Balance Volume (OBV) Chart

4.2 Money Flow Index (MFI)

Aruma Resources Ltd Daily Money Flow Index (MFI) Chart

5. Summary

5.1. Notifications

Type	Notification	Date
Currently no notifications for Aruma Resources Ltd.

5.2. Trading Signals

Date	Indicator	Entry signal	Exit signal
2023-05-25	SAR	LONG ENTRY	SHORT CLOSE	price crossed sar to upside
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE
2023-05-26	MACD	SHORT ENTRY	LONG CLOSE
2023-05-30	ATR	LONG ENTRY	SHORT CLOSE
2023-06-02	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside

5.2. Technical Score

Let's check the technical score of Aruma Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.052
Total			0/1 (0.0%)

Create your own Symbol Scanner

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Quick analysis of Aruma Resources Ltd (30 sec.)

1. Valuation of Aruma Resources Ltd (5 min.)

A$0.05

A$0.02

2. Growth of Aruma Resources Ltd (5 min.)

Is Aruma Resources Ltd growing?

How much money is Aruma Resources Ltd making?

How much money comes from the company's main activities?

3. Financial Health of Aruma Resources Ltd (5 min.)

4. Comparing to competitors in the Gold industry (5 min.)

Industry Rankings (Gold)

Fundamentals of Aruma Resources Ltd

Financial Health

1.1. Profitability of Aruma Resources Ltd.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Gold)

1.1.2. Return on Assets

Trends

Compared to industry (Gold)

1.1.3. Return on Equity

Trends

Compared to industry (Gold)

1.2. Operating Efficiency of Aruma Resources Ltd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Gold)

1.2.2. Operating Ratio

Trends

Compared to industry (Gold)

1.3. Liquidity of Aruma Resources Ltd.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Gold)

1.3.2. Quick Ratio

Trends

Compared to industry (Gold)

1.4. Solvency of Aruma Resources Ltd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Gold)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Gold)

2. Market Valuation of Aruma Resources Ltd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Gold)

2.2. Price Earnings to Growth Ratio

Trends

Compared to industry (Gold)

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Compared to industry (Gold)

Aruma Resources Ltd
Buy, Hold or Sell?