Minesto Financial Statements From 2010 to 2024
MINEST Stock | SEK 2.44 0.09 3.83% |
Check Minesto AB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Minesto AB's main balance sheet or income statement drivers, such as , as well as many indicators such as . Minesto financial statements analysis is a perfect complement when working with Minesto AB Valuation or Volatility modules.
Minesto |
Minesto AB Company Return On Asset Analysis
Minesto AB'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 Minesto AB Return On Asset | -0.024 |
Most of Minesto AB'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, Minesto AB 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, Minesto AB has a Return On Asset of -0.024. This is 100.98% lower than that of the Utilities sector and 103.81% lower than that of the Utilities - Independent Power Producers industry. The return on asset for all Sweden stocks is 82.86% lower than that of the firm.
Minesto AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Minesto AB's current stock value. Our valuation model uses many indicators to compare Minesto AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Minesto AB competition to find correlations between indicators driving Minesto AB's intrinsic value. More Info.Minesto AB 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Minesto AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Minesto AB's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Minesto AB Financial Statements
Minesto AB stakeholders use historical fundamental indicators, such as Minesto AB's revenue or net income, to determine how well the company is positioned to perform in the future. Although Minesto AB investors may analyze each financial statement separately, they are all interrelated. For example, changes in Minesto AB's assets and liabilities are reflected in the revenues and expenses on Minesto AB'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 Minesto AB. Please read more on our technical analysis and fundamental analysis pages.
Minesto AB operates as a developer of marine energy technology solution in Sweden, Wales, and Northern Ireland. The company was founded in 2007 and is headquartered in Gothenburg, Sweden. Minesto AB is traded on Stockholm Stock Exchange in Sweden.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Minesto Stock
Minesto AB financial ratios help investors to determine whether Minesto Stock 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 Minesto with respect to the benefits of owning Minesto AB security.