Nitro Financial Statements From 2010 to 2024
| NITRO Stock | SEK 2.66 0.10 3.91% |
Check Nitro Games financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nitro Games' main balance sheet or income statement drivers, such as , as well as many indicators such as . Nitro financial statements analysis is a perfect complement when working with Nitro Games Valuation or Volatility modules.
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Nitro Games Oyj Company Return On Equity Analysis
Nitro Games' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nitro Games Return On Equity | -1.85 |
Most of Nitro Games' fundamental indicators, such as Return On Equity, 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, Nitro Games Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Nitro Games Oyj has a Return On Equity of -1.8533. This is 84.59% lower than that of the Technology sector and 126.59% lower than that of the Electronic Gaming & Multimedia industry. The return on equity for all Sweden stocks is notably higher than that of the company.
Nitro Games Oyj Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nitro Games's current stock value. Our valuation model uses many indicators to compare Nitro Games value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nitro Games competition to find correlations between indicators driving Nitro Games's intrinsic value. More Info.Nitro Games Oyj is regarded third in return on equity category among its peers. It also is regarded third 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 Nitro Games' earnings, one of the primary drivers of an investment's value.About Nitro Games Financial Statements
Nitro Games shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Nitro Games investors may analyze each financial statement separately, they are all interrelated. The changes in Nitro Games' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nitro Games' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Nitro Games Oyj develops and publishes games for smartphones and tablets worldwide. The company was founded in 2007 and is headquartered in Kotka, Finland. Nitro Games is traded on Stockholm Stock Exchange in Sweden.
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Additional Tools for Nitro Stock Analysis
When running Nitro Games' price analysis, check to measure Nitro Games' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nitro Games is operating at the current time. Most of Nitro Games' value examination focuses on studying past and present price action to predict the probability of Nitro Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitro Games' price. Additionally, you may evaluate how the addition of Nitro Games to your portfolios can decrease your overall portfolio volatility.