TrustBIX Financial Statements From 2010 to 2024
| TBIXF Stock | USD 0.04 0.00 0.00% |
Check TrustBIX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrustBIX's main balance sheet or income statement drivers, such as , as well as many indicators such as . TrustBIX financial statements analysis is a perfect complement when working with TrustBIX Valuation or Volatility modules.
TrustBIX |
TrustBIX Company Return On Equity Analysis
TrustBIX'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 TrustBIX Return On Equity | -5.46 |
Most of TrustBIX'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, TrustBIX 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, TrustBIX has a Return On Equity of -5.4581. This is 54.63% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all United States stocks is notably higher than that of the company.
TrustBIX Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TrustBIX's current stock value. Our valuation model uses many indicators to compare TrustBIX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TrustBIX competition to find correlations between indicators driving TrustBIX's intrinsic value. More Info.TrustBIX 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 TrustBIX's earnings, one of the primary drivers of an investment's value.About TrustBIX Financial Statements
TrustBIX stakeholders use historical fundamental indicators, such as TrustBIX's revenue or net income, to determine how well the company is positioned to perform in the future. Although TrustBIX investors may analyze each financial statement separately, they are all interrelated. For example, changes in TrustBIX's assets and liabilities are reflected in the revenues and expenses on TrustBIX'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 TrustBIX. Please read more on our technical analysis and fundamental analysis pages.
TrustBIX Inc., together with its subsidiary, ViewTrak Technologies Inc. offers information solutions for agri-food industry in Canada, the United States, and internationally. It also offers internet-based applications that provide animal tracking and management. Trustbix is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Other Information on Investing in TrustBIX Pink Sheet
TrustBIX financial ratios help investors to determine whether TrustBIX 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 TrustBIX with respect to the benefits of owning TrustBIX security.