Numinus Financial Statements From 2010 to 2024
| NUMIF Stock | USD 0.02 0 5.77% |
Check Numinus Wellness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Numinus Wellness' main balance sheet or income statement drivers, such as , as well as many indicators such as . Numinus financial statements analysis is a perfect complement when working with Numinus Wellness Valuation or Volatility modules.
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Numinus Wellness OTC Stock Return On Equity Analysis
Numinus Wellness' 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 Numinus Wellness Return On Equity | -0.99 |
Most of Numinus Wellness' 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, Numinus Wellness 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, Numinus Wellness has a Return On Equity of -0.9905. This is 95.87% lower than that of the Healthcare sector and significantly lower than that of the Medical Care Facilities industry. The return on equity for all United States stocks is notably higher than that of the company.
Numinus Wellness Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Numinus Wellness's current stock value. Our valuation model uses many indicators to compare Numinus Wellness value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Numinus Wellness competition to find correlations between indicators driving Numinus Wellness's intrinsic value. More Info.Numinus Wellness 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 Numinus Wellness' earnings, one of the primary drivers of an investment's value.About Numinus Wellness Financial Statements
Numinus Wellness stakeholders use historical fundamental indicators, such as Numinus Wellness' revenue or net income, to determine how well the company is positioned to perform in the future. Although Numinus Wellness investors may analyze each financial statement separately, they are all interrelated. For example, changes in Numinus Wellness' assets and liabilities are reflected in the revenues and expenses on Numinus Wellness' 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 Numinus Wellness. Please read more on our technical analysis and fundamental analysis pages.
Numinus Wellness Inc. provides solutions to develop and deliver psychedelic-assisted psychotherapy and transform the mental health landscape. This division also offers training, facilities, and other operational resources to practitioners. Numinus Wellness is traded on OTC Exchange in the United States.
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Other Information on Investing in Numinus OTC Stock
Numinus Wellness financial ratios help investors to determine whether Numinus OTC 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 Numinus with respect to the benefits of owning Numinus Wellness security.