Vitreous Financial Statements From 2010 to 2025
| VCIGF Stock | USD 4.35 0.01 0.23% |
Check Vitreous Glass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vitreous Glass' main balance sheet or income statement drivers, such as , as well as many indicators such as . Vitreous financial statements analysis is a perfect complement when working with Vitreous Glass Valuation or Volatility modules.
Vitreous |
Vitreous Glass Company Return On Equity Analysis
Vitreous Glass' 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 Vitreous Glass Return On Equity | 0.52 |
Most of Vitreous Glass' 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, Vitreous Glass 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, Vitreous Glass has a Return On Equity of 0.516. This is 17.27% higher than that of the Construction Materials sector and 101.64% lower than that of the Materials industry. The return on equity for all United States stocks is notably lower than that of the firm.
Vitreous Glass Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vitreous Glass's current stock value. Our valuation model uses many indicators to compare Vitreous Glass value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vitreous Glass competition to find correlations between indicators driving Vitreous Glass's intrinsic value. More Info.Vitreous Glass is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.65 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Vitreous Glass is roughly 1.54 . 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 Vitreous Glass' earnings, one of the primary drivers of an investment's value.About Vitreous Glass Financial Statements
Vitreous Glass stakeholders use historical fundamental indicators, such as Vitreous Glass' revenue or net income, to determine how well the company is positioned to perform in the future. Although Vitreous Glass investors may analyze each financial statement separately, they are all interrelated. For example, changes in Vitreous Glass' assets and liabilities are reflected in the revenues and expenses on Vitreous Glass' 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 Vitreous Glass. Please read more on our technical analysis and fundamental analysis pages.
Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada. The company offers its products to fiberglass insulation manufacturers for use as furnace ready cullet for use in their production facilities. Vitreous Glass is traded on OTC Exchange in the United States.
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Other Information on Investing in Vitreous Pink Sheet
Vitreous Glass financial ratios help investors to determine whether Vitreous 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 Vitreous with respect to the benefits of owning Vitreous Glass security.