STEP Financial Statements From 2010 to 2024
| SNVVF Stock | USD 3.65 0.04 1.11% |
Check STEP Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STEP Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . STEP financial statements analysis is a perfect complement when working with STEP Energy Valuation or Volatility modules.
STEP |
STEP Energy Services Company Return On Equity Analysis
STEP Energy'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 STEP Energy Return On Equity | 0.3 |
Most of STEP Energy'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, STEP Energy Services 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, STEP Energy Services has a Return On Equity of 0.3026. This is 115.28% lower than that of the Energy Equipment & Services sector and 101.74% lower than that of the Energy industry. The return on equity for all United States stocks is 197.61% lower than that of the firm.
STEP Energy Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining STEP Energy's current stock value. Our valuation model uses many indicators to compare STEP Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across STEP Energy competition to find correlations between indicators driving STEP Energy's intrinsic value. More Info.STEP Energy Services 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 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for STEP Energy Services is roughly 3.87 . 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 STEP Energy's earnings, one of the primary drivers of an investment's value.About STEP Energy Financial Statements
STEP Energy stakeholders use historical fundamental indicators, such as STEP Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although STEP Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in STEP Energy's assets and liabilities are reflected in the revenues and expenses on STEP Energy'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 STEP Energy Services. Please read more on our technical analysis and fundamental analysis pages.
STEP Energy Services Ltd., an oilfield service company, provides integrated coiled tubing, fracturing, and wireline solutions to service the oil and gas industry in Canada and the United States. STEP Energy Services Ltd. was incorporated in 2011 and is headquartered in Calgary, Canada. Step Energy operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 1178 people.
Currently Active Assets on Macroaxis
Other Information on Investing in STEP Pink Sheet
STEP Energy financial ratios help investors to determine whether STEP 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 STEP with respect to the benefits of owning STEP Energy security.