Novus Financial Statements From 2010 to 2025
| NRBT Stock | USD 0.04 0.00 0.00% |
Check Novus Robotics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novus Robotics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Novus financial statements analysis is a perfect complement when working with Novus Robotics Valuation or Volatility modules.
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Novus Robotics Company Return On Equity Analysis
Novus Robotics' 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 Novus Robotics Return On Equity | 0.0363 |
Most of Novus Robotics' 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, Novus Robotics 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.
CompetitionBased on the latest financial disclosure, Novus Robotics has a Return On Equity of 0.0363. This is 91.75% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 111.71% lower than that of the firm.
Novus Robotics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novus Robotics's current stock value. Our valuation model uses many indicators to compare Novus Robotics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novus Robotics competition to find correlations between indicators driving Novus Robotics's intrinsic value. More Info.Novus Robotics is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novus Robotics is roughly 3.39 . 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 Novus Robotics' earnings, one of the primary drivers of an investment's value.About Novus Robotics Financial Statements
Novus Robotics 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 Novus Robotics investors may analyze each financial statement separately, they are all interrelated. The changes in Novus Robotics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Novus Robotics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Novus Robotics Inc., through its subsidiary, DR Technology Inc., engages in engineering, designing, manufacturing, and selling automated tube processing solutions for the automotive industry worldwide. Novus Robotics Inc. was founded in 2004 and is based in Mississauga, Canada. Novus Robotics operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 17 people.
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Additional Tools for Novus Pink Sheet Analysis
When running Novus Robotics' price analysis, check to measure Novus Robotics' 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 Novus Robotics is operating at the current time. Most of Novus Robotics' value examination focuses on studying past and present price action to predict the probability of Novus Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Robotics' price. Additionally, you may evaluate how the addition of Novus Robotics to your portfolios can decrease your overall portfolio volatility.