NovX21 Financial Statements From 2010 to 2026
NovX21's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing NovX21's valuation are provided below:NovX21 Inc does not presently have any fundamental ratios for analysis.
This module can also supplement various NovX21 Technical models . Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Check NovX21 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NovX21's main balance sheet or income statement drivers, such as , as well as many indicators such as . NovX21 financial statements analysis is a perfect complement when working with NovX21 Valuation or Volatility modules.
NovX21 |
NovX21 Inc Company Return On Equity Analysis
NovX21'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 NovX21 Return On Equity | -0.0557 |
Most of NovX21'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, NovX21 Inc 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, NovX21 Inc has a Return On Equity of -0.0557. This is 106.12% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 82.03% lower than that of the firm.
NovX21 Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NovX21's current stock value. Our valuation model uses many indicators to compare NovX21 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NovX21 competition to find correlations between indicators driving NovX21's intrinsic value. More Info.NovX21 Inc is considered to be number one stock in return on equity category among its peers. It is regarded second 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 NovX21's earnings, one of the primary drivers of an investment's value.About NovX21 Financial Statements
NovX21 stakeholders use historical fundamental indicators, such as NovX21's revenue or net income, to determine how well the company is positioned to perform in the future. Although NovX21 investors may analyze each financial statement separately, they are all interrelated. For example, changes in NovX21's assets and liabilities are reflected in the revenues and expenses on NovX21'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 NovX21 Inc. Please read more on our technical analysis and fundamental analysis pages.
NovX21 Inc. operates an industrial prototype plant for the recovery of platinum group elements. NovX21 Inc. was founded in 1986 and is based in Montreal, Canada. Novx21 is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in NovX21 Pink Sheet
If you are still planning to invest in NovX21 Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NovX21's history and understand the potential risks before investing.
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