Novra Financial Statements From 2010 to 2025
| NVRVF Stock | USD 0.05 0.01 18.43% |
Check Novra Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novra Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Novra financial statements analysis is a perfect complement when working with Novra Technologies Valuation or Volatility modules.
Novra |
Novra Technologies OTC Stock Return On Asset Analysis
Novra Technologies' 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 Novra Technologies Return On Asset | -0.0366 |
Most of Novra Technologies' 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, Novra 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, Novra Technologies has a Return On Asset of -0.0366. This is 98.73% lower than that of the Technology sector and 97.53% lower than that of the Communication Equipment industry. The return on asset for all United States stocks is 73.86% lower than that of the firm.
Novra Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novra Technologies's current stock value. Our valuation model uses many indicators to compare Novra Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novra Technologies competition to find correlations between indicators driving Novra Technologies's intrinsic value. More Info.Novra Technologies is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in profit margin 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 Novra Technologies' earnings, one of the primary drivers of an investment's value.About Novra Technologies Financial Statements
Novra Technologies stakeholders use historical fundamental indicators, such as Novra Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although Novra Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Novra Technologies' assets and liabilities are reflected in the revenues and expenses on Novra Technologies' 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 Novra Technologies. Please read more on our technical analysis and fundamental analysis pages.
Novra Technologies Inc., together with its subsidiaries, provides hardware, software, and services for the distribution of satellite data in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company was founded in 2000 and is headquartered in Winnipeg, Canada. Novra Technologies operates under Communication Equipment classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Novra OTC Stock
Novra Technologies financial ratios help investors to determine whether Novra 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 Novra with respect to the benefits of owning Novra Technologies security.