Alternative Energy Stock Return On Asset

AEGY Stock  USD 0.0001  0.00  0.00%   
Alternative Energy fundamentals help investors to digest information that contributes to Alternative Energy's financial success or failures. It also enables traders to predict the movement of Alternative Stock. The fundamental analysis module provides a way to measure Alternative Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alternative Energy stock.
Return On Assets is likely to drop to -2.27 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Alternative Energy Company Return On Asset Analysis

Alternative Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Alternative Energy Return On Asset

    
  -2.55  
Most of Alternative Energy's fundamental indicators, such as Return On Asset, 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, Alternative Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Alternative Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Alternative Energy is extremely important. It helps to project a fair market value of Alternative Stock properly, considering its historical fundamentals such as Return On Asset. Since Alternative Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alternative Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alternative Energy's interrelated accounts and indicators.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Alternative Total Assets

Total Assets

0.0

At this time, Alternative Energy's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Alternative Energy has a Return On Asset of -2.5498. This is 70.86% lower than that of the Consumer Staples Distribution & Retail sector and significantly lower than that of the Consumer Staples industry. The return on asset for all United States stocks is notably higher than that of the company.

Alternative Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alternative Energy's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alternative Energy could also be used in its relative valuation, which is a method of valuing Alternative Energy by comparing valuation metrics of similar companies.
Alternative Energy is currently under evaluation in return on asset category among its peers.

Alternative Fundamentals

About Alternative Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alternative Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alternative Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alternative Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Alternative Stock Analysis

When running Alternative Energy's price analysis, check to measure Alternative Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alternative Energy is operating at the current time. Most of Alternative Energy's value examination focuses on studying past and present price action to predict the probability of Alternative Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternative Energy's price. Additionally, you may evaluate how the addition of Alternative Energy to your portfolios can decrease your overall portfolio volatility.