Magnis Financial Statements From 2010 to 2024
| MNSEF Stock | USD 0.03 0 3.33% |
Check Magnis Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnis Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Magnis financial statements analysis is a perfect complement when working with Magnis Energy Valuation or Volatility modules.
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Magnis Energy Technologies Company Return On Asset Analysis
Magnis Energy'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 Magnis Energy Return On Asset | -0.0952 |
Most of Magnis Energy'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, Magnis Energy 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, Magnis Energy Technologies has a Return On Asset of -0.0952. This is 81.33% lower than that of the Industrials sector and significantly lower than that of the Electrical Equipment & Parts industry. The return on asset for all United States stocks is 32.0% lower than that of the firm.
Magnis Energy Techno Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magnis Energy's current stock value. Our valuation model uses many indicators to compare Magnis Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magnis Energy competition to find correlations between indicators driving Magnis Energy's intrinsic value. More Info.Magnis Energy Technologies 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 Magnis Energy's earnings, one of the primary drivers of an investment's value.About Magnis Energy Financial Statements
Magnis Energy stakeholders use historical fundamental indicators, such as Magnis Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Magnis Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magnis Energy's assets and liabilities are reflected in the revenues and expenses on Magnis Energy'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 Magnis Energy Technologies. Please read more on our technical analysis and fundamental analysis pages.
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia. Magnis Energy operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 20 people.
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Other Information on Investing in Magnis Pink Sheet
Magnis Energy financial ratios help investors to determine whether Magnis 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 Magnis with respect to the benefits of owning Magnis Energy security.