SkyCity Financial Statements From 2010 to 2024
| SKYZF Stock | USD 0.92 0.00 0.00% |
Check SkyCity Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SkyCity Entertainment's main balance sheet or income statement drivers, such as , as well as many indicators such as . SkyCity financial statements analysis is a perfect complement when working with SkyCity Entertainment Valuation or Volatility modules.
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SkyCity Entertainment Group Company Return On Equity Analysis
SkyCity Entertainment'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 SkyCity Entertainment Return On Equity | -0.0209 |
Most of SkyCity Entertainment'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, SkyCity Entertainment Group 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, SkyCity Entertainment Group has a Return On Equity of -0.0209. This is 100.58% lower than that of the sector and 100.17% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 93.26% lower than that of the firm.
SkyCity Entertainment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SkyCity Entertainment's current stock value. Our valuation model uses many indicators to compare SkyCity Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SkyCity Entertainment competition to find correlations between indicators driving SkyCity Entertainment's intrinsic value. More Info.SkyCity Entertainment Group is rated below average in return on equity category among its peers. It also is rated below average 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 SkyCity Entertainment's earnings, one of the primary drivers of an investment's value.About SkyCity Entertainment Financial Statements
SkyCity Entertainment stakeholders use historical fundamental indicators, such as SkyCity Entertainment's revenue or net income, to determine how well the company is positioned to perform in the future. Although SkyCity Entertainment investors may analyze each financial statement separately, they are all interrelated. For example, changes in SkyCity Entertainment's assets and liabilities are reflected in the revenues and expenses on SkyCity Entertainment'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 SkyCity Entertainment Group. Please read more on our technical analysis and fundamental analysis pages.
SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand. Sky City operates under Resorts Casinos classification in the United States and is traded on OTC Exchange. It employs 3784 people.
Currently Active Assets on Macroaxis
Other Information on Investing in SkyCity Pink Sheet
SkyCity Entertainment financial ratios help investors to determine whether SkyCity Pink Sheet 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 SkyCity with respect to the benefits of owning SkyCity Entertainment security.