Sonic Financial Statements From 2010 to 2024
| SAB Stock | EUR 17.40 0.01 0.06% |
Check Sonic Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonic Healthcare's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sonic financial statements analysis is a perfect complement when working with Sonic Healthcare Valuation or Volatility modules.
Sonic |
Sonic Healthcare Limited Company Return On Equity Analysis
Sonic Healthcare'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 Sonic Healthcare Return On Equity | 0.14 |
Most of Sonic Healthcare'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, Sonic Healthcare Limited 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, Sonic Healthcare Limited has a Return On Equity of 0.1435. This is 100.6% lower than that of the Healthcare sector and significantly higher than that of the Medical Care Facilities industry. The return on equity for all Germany stocks is 146.29% lower than that of the firm.
Sonic Healthcare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sonic Healthcare's current stock value. Our valuation model uses many indicators to compare Sonic Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonic Healthcare competition to find correlations between indicators driving Sonic Healthcare's intrinsic value. More Info.Sonic Healthcare Limited is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sonic Healthcare Limited is roughly 1.88 . 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 Sonic Healthcare's earnings, one of the primary drivers of an investment's value.About Sonic Healthcare Financial Statements
Sonic Healthcare stakeholders use historical fundamental indicators, such as Sonic Healthcare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sonic Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sonic Healthcare's assets and liabilities are reflected in the revenues and expenses on Sonic Healthcare'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 Sonic Healthcare Limited. Please read more on our technical analysis and fundamental analysis pages.
Sonic Healthcare Limited offers medical diagnostic services in Australia. Sonic Healthcare Limited was incorporated in 1934 and is headquartered in Sydney, Australia. SONIC HEALTHCARE operates under Medical Care Facilities classification in Germany and is traded on Frankfurt Stock Exchange. It employs 38000 people.
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Other Information on Investing in Sonic Stock
Sonic Healthcare financial ratios help investors to determine whether Sonic 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 Sonic with respect to the benefits of owning Sonic Healthcare security.