Scientific Financial Statements From 2010 to 2024
| SCND Stock | USD 0.75 0.15 16.67% |
Check Scientific Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scientific Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Scientific financial statements analysis is a perfect complement when working with Scientific Industries Valuation or Volatility modules.
Scientific |
Scientific Industries OTC Stock Return On Equity Analysis
Scientific 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 Scientific Industries Return On Equity | -0.23 |
Most of Scientific 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, Scientific Industries 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, Scientific Industries has a Return On Equity of -0.227. This is 98.11% lower than that of the Health Care Equipment & Supplies sector and 132.43% lower than that of the Health Care industry. The return on equity for all United States stocks is 26.77% lower than that of the firm.
Scientific Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Scientific Industries's current stock value. Our valuation model uses many indicators to compare Scientific Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Scientific Industries competition to find correlations between indicators driving Scientific Industries's intrinsic value. More Info.Scientific Industries 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 . 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 Scientific Industries' earnings, one of the primary drivers of an investment's value.About Scientific Industries Financial Statements
Scientific Industries stakeholders use historical fundamental indicators, such as Scientific Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Scientific Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scientific Industries' assets and liabilities are reflected in the revenues and expenses on Scientific 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 Scientific Industries. Please read more on our technical analysis and fundamental analysis pages.
Scientific Industries, Inc. engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems worldwide. Scientific Industries, Inc. was incorporated in 1954 and is headquartered in Bohemia, New York. Scientific Inds operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 72 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Scientific OTC Stock
Scientific Industries financial ratios help investors to determine whether Scientific 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 Scientific with respect to the benefits of owning Scientific Industries security.