1933 Financial Statements From 2010 to 2024
| TGIFF Stock | USD 0.01 0.0005 10.00% |
Check 1933 Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 1933 Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . 1933 financial statements analysis is a perfect complement when working with 1933 Industries Valuation or Volatility modules.
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1933 Industries OTC Stock Return On Equity Analysis
1933 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 1933 Industries Return On Equity | -1.16 |
Most of 1933 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, 1933 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, 1933 Industries has a Return On Equity of -1.1636. This is 95.15% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The return on equity for all United States stocks is notably higher than that of the company.
1933 Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 1933 Industries's current stock value. Our valuation model uses many indicators to compare 1933 Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 1933 Industries competition to find correlations between indicators driving 1933 Industries's intrinsic value. More Info.1933 Industries is rated third in return on equity category among its peers. It is rated fourth 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 1933 Industries' earnings, one of the primary drivers of an investment's value.About 1933 Industries Financial Statements
1933 Industries stakeholders use historical fundamental indicators, such as 1933 Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although 1933 Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in 1933 Industries' assets and liabilities are reflected in the revenues and expenses on 1933 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 1933 Industries. Please read more on our technical analysis and fundamental analysis pages.
1933 Industries Inc., a cannabis company, engages in the cultivation and production of medical marijuana in the United States and Canada. The company was formerly known as Friday Night Inc. and changed its name to 1933 Industries Inc. in September 2018. Friday Night is traded on OTC Exchange in the United States.
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Other Information on Investing in 1933 OTC Stock
1933 Industries financial ratios help investors to determine whether 1933 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 1933 with respect to the benefits of owning 1933 Industries security.