TUGA Financial Statements From 2010 to 2025
| TUGAF Stock | USD 0.01 0.01 52.50% |
Check TUGA Innovations financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TUGA Innovations' main balance sheet or income statement drivers, such as , as well as many indicators such as . TUGA financial statements analysis is a perfect complement when working with TUGA Innovations Valuation or Volatility modules.
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TUGA Innovations Company Return On Equity Analysis
TUGA Innovations' 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 TUGA Innovations Return On Equity | -103.74 |
Most of TUGA Innovations' 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, TUGA Innovations 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, TUGA Innovations has a Return On Equity of -103.7429. This is 2981.75% lower than that of the Consumer Cyclical sector and notably higher than that of the Auto Manufacturers industry. The return on equity for all United States stocks is notably higher than that of the company.
TUGA Innovations Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TUGA Innovations's current stock value. Our valuation model uses many indicators to compare TUGA Innovations value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TUGA Innovations competition to find correlations between indicators driving TUGA Innovations's intrinsic value. More Info.TUGA Innovations is rated second in return on equity category among its peers. It also 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 TUGA Innovations' earnings, one of the primary drivers of an investment's value.About TUGA Innovations Financial Statements
TUGA Innovations stakeholders use historical fundamental indicators, such as TUGA Innovations' revenue or net income, to determine how well the company is positioned to perform in the future. Although TUGA Innovations investors may analyze each financial statement separately, they are all interrelated. For example, changes in TUGA Innovations' assets and liabilities are reflected in the revenues and expenses on TUGA Innovations' 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 TUGA Innovations. Please read more on our technical analysis and fundamental analysis pages.
TUGA Innovations, Inc., a development-stage electric vehicle company, engages in the conception, design, and production of specialized electric vehicles. The company was founded in 2020 and is headquartered in Vancouver, Canada. Tuga Innovations operates under Auto Manufacturers classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in TUGA Pink Sheet
TUGA Innovations financial ratios help investors to determine whether TUGA 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 TUGA with respect to the benefits of owning TUGA Innovations security.