Omni-Lite Financial Statements From 2010 to 2025
| OLNCF Stock | USD 1.12 0.04 3.45% |
Check Omni-Lite Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omni-Lite Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Omni-Lite financial statements analysis is a perfect complement when working with Omni-Lite Industries Valuation or Volatility modules.
Omni-Lite |
Omni Lite Industries Canada OTC Stock Return On Equity Analysis
Omni-Lite Industries' 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 Omni-Lite Industries Return On Equity | -0.0825 |
Most of Omni-Lite Industries' 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, Omni Lite Industries Canada 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, Omni Lite Industries Canada has a Return On Equity of -0.0825. This is 118.75% lower than that of the Machinery sector and 79.37% lower than that of the Industrials industry. The return on equity for all United States stocks is 73.39% lower than that of the firm.
Omni Lite Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Omni-Lite Industries's current stock value. Our valuation model uses many indicators to compare Omni-Lite Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Omni-Lite Industries competition to find correlations between indicators driving Omni-Lite Industries's intrinsic value. More Info.Omni Lite Industries Canada 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 Omni-Lite Industries' earnings, one of the primary drivers of an investment's value.About Omni-Lite Industries Financial Statements
Omni-Lite Industries stakeholders use historical fundamental indicators, such as Omni-Lite Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Omni-Lite Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Omni-Lite Industries' assets and liabilities are reflected in the revenues and expenses on Omni-Lite Industries' 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 Omni Lite Industries Canada. Please read more on our technical analysis and fundamental analysis pages.
Omni-Lite Industries Canada Inc. develops, engineers, manufactures, markets, and sells precision components to Fortune 500 companies in the United States and Canada. The company was incorporated in 1992 and is headquartered in Cerritos, California. Omni Lite is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Other Information on Investing in Omni-Lite OTC Stock
Omni-Lite Industries financial ratios help investors to determine whether Omni-Lite 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 Omni-Lite with respect to the benefits of owning Omni-Lite Industries security.