Nel Financial Statements From 2010 to 2024
| NLLSF Stock | USD 0.28 0.01 3.70% |
Check Nel ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nel ASA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nel financial statements analysis is a perfect complement when working with Nel ASA Valuation or Volatility modules.
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Nel ASA Company Return On Equity Analysis
Nel ASA's 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 Nel ASA Return On Equity | -0.12 |
Most of Nel ASA's 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, Nel ASA 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.
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Based on the latest financial disclosure, Nel ASA has a Return On Equity of -0.125. This is 128.41% lower than that of the Industrials sector and significantly lower than that of the Specialty Industrial Machinery industry. The return on equity for all United States stocks is 59.68% lower than that of the firm.
Nel ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nel ASA's current stock value. Our valuation model uses many indicators to compare Nel ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nel ASA competition to find correlations between indicators driving Nel ASA's intrinsic value. More Info.Nel ASA 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 Nel ASA's earnings, one of the primary drivers of an investment's value.About Nel ASA Financial Statements
Nel ASA stakeholders use historical fundamental indicators, such as Nel ASA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nel ASA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nel ASA's assets and liabilities are reflected in the revenues and expenses on Nel ASA'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 Nel ASA. Please read more on our technical analysis and fundamental analysis pages.
Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway. NEL ASA is traded on OTC Exchange in the United States.
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Other Information on Investing in Nel Pink Sheet
Nel ASA financial ratios help investors to determine whether Nel 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 Nel with respect to the benefits of owning Nel ASA security.