Mene Financial Statements From 2010 to 2024
MENEF Stock | USD 0.09 0.01 5.88% |
Check Mene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mene's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mene financial statements analysis is a perfect complement when working with Mene Valuation or Volatility modules.
Mene |
Mene Inc Company Return On Asset Analysis
Mene's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Mene Return On Asset | -0.0015 |
Most of Mene's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mene Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Mene Inc has a Return On Asset of -0.0015. This is 100.14% lower than that of the Consumer Cyclical sector and 100.04% lower than that of the Luxury Goods industry. The return on asset for all United States stocks is 98.93% lower than that of the firm.
Mene Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mene's current stock value. Our valuation model uses many indicators to compare Mene value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mene competition to find correlations between indicators driving Mene's intrinsic value. More Info.Mene Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mene's earnings, one of the primary drivers of an investment's value.About Mene Financial Statements
Mene stakeholders use historical fundamental indicators, such as Mene's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mene investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mene's assets and liabilities are reflected in the revenues and expenses on Mene's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mene Inc. Please read more on our technical analysis and fundamental analysis pages.
Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry in the United States, Canada, Europe, and internationally. The company retails its jewelry products directly to consumer through its mene.com website. MENE INC operates under Luxury Goods classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Mene Pink Sheet
Mene financial ratios help investors to determine whether Mene Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mene with respect to the benefits of owning Mene security.