Thermal Financial Statements From 2010 to 2026

TMGEF Stock  USD 0.11  0.01  12.24%   
Thermal Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Thermal Energy's valuation are provided below:
Thermal Energy International does not presently have any fundamental trend indicators for analysis.
Check Thermal Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermal Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thermal financial statements analysis is a perfect complement when working with Thermal Energy Valuation or Volatility modules.
  
This module can also supplement various Thermal Energy Technical models . Check out the analysis of Thermal Energy Correlation against competitors.

Thermal Energy International OTC Stock Return On Equity Analysis

Thermal 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Thermal Energy Return On Equity

    
  -1.56  
Most of Thermal 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, Thermal Energy International 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, Thermal Energy International has a Return On Equity of -1.5587. This is 454.25% lower than that of the Machinery sector and 51.29% lower than that of the Industrials industry. The return on equity for all United States stocks is notably higher than that of the company.

Thermal Energy Inter Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Thermal Energy's current stock value. Our valuation model uses many indicators to compare Thermal Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thermal Energy competition to find correlations between indicators driving Thermal Energy's intrinsic value. More Info.
Thermal Energy International is currently regarded as top stock in return on equity category among its peers. It is rated second 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 Thermal Energy's earnings, one of the primary drivers of an investment's value.

About Thermal Energy Financial Statements

Thermal Energy stakeholders use historical fundamental indicators, such as Thermal Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thermal Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thermal Energy's assets and liabilities are reflected in the revenues and expenses on Thermal 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 Thermal Energy International. Please read more on our technical analysis and fundamental analysis pages.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Thermal Energy International Inc. was incorporated in 1991 and is based in Ottawa, Canada. Thermal Energy operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange.

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Other Information on Investing in Thermal OTC Stock

Thermal Energy financial ratios help investors to determine whether Thermal 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 Thermal with respect to the benefits of owning Thermal Energy security.