New Financial Statements From 2010 to 2024
| TRMNF Stock | USD 0.01 0.01 33.52% |
Check New Wave financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Wave's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Wave Valuation or Volatility modules.
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New Wave Holdings Company Return On Equity Analysis
New Wave'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 New Wave Return On Equity | -3.16 |
Most of New Wave'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, New Wave Holdings 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, New Wave Holdings has a Return On Equity of -3.1624. This is 130.47% lower than that of the Communication Services sector and significantly lower than that of the Entertainment industry. The return on equity for all United States stocks is notably higher than that of the company.
New Wave Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Wave's current stock value. Our valuation model uses many indicators to compare New Wave value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Wave competition to find correlations between indicators driving New Wave's intrinsic value. More Info.New Wave Holdings is rated third in return on equity category among its peers. It also is rated third 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 New Wave's earnings, one of the primary drivers of an investment's value.About New Wave Financial Statements
New Wave stakeholders use historical fundamental indicators, such as New Wave's revenue or net income, to determine how well the company is positioned to perform in the future. Although New Wave investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Wave's assets and liabilities are reflected in the revenues and expenses on New Wave'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 New Wave Holdings. Please read more on our technical analysis and fundamental analysis pages.
New Wave Holdings Corp. engages in the commercial esportsgaming activities. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada. New Wave is traded on OTC Exchange in the United States.
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Other Information on Investing in New Pink Sheet
New Wave financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Wave security.