Cover Financial Statements From 2010 to 2025
| MGPRF Stock | USD 0.06 0.04 35.35% |
Check Cover Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cover Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Cover financial statements analysis is a perfect complement when working with Cover Technologies Valuation or Volatility modules.
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Cover Technologies Company Return On Asset Analysis
Cover Technologies' 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 Cover Technologies Return On Asset | -0.68 |
Most of Cover Technologies' 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, Cover Technologies 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.
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Based on the latest financial disclosure, Cover Technologies has a Return On Asset of -0.6773. This is 191.53% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.
Cover Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cover Technologies's current stock value. Our valuation model uses many indicators to compare Cover Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cover Technologies competition to find correlations between indicators driving Cover Technologies's intrinsic value. More Info.Cover Technologies is rated below average in return on equity category among its peers. It also is rated below average 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 Cover Technologies' earnings, one of the primary drivers of an investment's value.About Cover Technologies Financial Statements
Cover Technologies stakeholders use historical fundamental indicators, such as Cover Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although Cover Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cover Technologies' assets and liabilities are reflected in the revenues and expenses on Cover Technologies' 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 Cover Technologies. Please read more on our technical analysis and fundamental analysis pages.
Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions. Cover Technologies Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Cover Technologies is traded on OTC Exchange in the United States.
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Other Information on Investing in Cover Pink Sheet
Cover Technologies financial ratios help investors to determine whether Cover 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 Cover with respect to the benefits of owning Cover Technologies security.