Unit Financial Statements From 2010 to 2024
| UNTC Stock | USD 29.25 0.83 2.76% |
Check Unit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unit's main balance sheet or income statement drivers, such as , as well as many indicators such as . Unit financial statements analysis is a perfect complement when working with Unit Valuation or Volatility modules.
Unit |
Unit Corporation Company Return On Equity Analysis
Unit'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 Unit Return On Equity | 0.43 |
Most of Unit'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, Unit Corporation 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, Unit Corporation has a Return On Equity of 0.4265. This is 121.54% lower than that of the Energy sector and 89.26% lower than that of the Oil & Gas Integrated industry. The return on equity for all United States stocks is notably lower than that of the firm.
Unit Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Unit's current stock value. Our valuation model uses many indicators to compare Unit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Unit competition to find correlations between indicators driving Unit's intrinsic value. More Info.Unit Corporation is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Unit Corporation is roughly 1.88 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Unit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Unit's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Unit Financial Statements
Unit stakeholders use historical fundamental indicators, such as Unit's revenue or net income, to determine how well the company is positioned to perform in the future. Although Unit investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unit's assets and liabilities are reflected in the revenues and expenses on Unit'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 Unit Corporation. Please read more on our technical analysis and fundamental analysis pages.
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. Unit Corporation was incorporated in 1963 and is headquartered in Tulsa, Oklahoma. UNIT CORP operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 788 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Unit Pink Sheet
Unit financial ratios help investors to determine whether Unit 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 Unit with respect to the benefits of owning Unit security.