Angstrom Technologies Stock Return On Asset
| AGTT Stock | USD 0.16 0.01 6.67% |
Angstrom Technologies fundamentals help investors to digest information that contributes to Angstrom Technologies' financial success or failures. It also enables traders to predict the movement of Angstrom Stock. The fundamental analysis module provides a way to measure Angstrom Technologies' 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 Angstrom Technologies stock.
Return On Assets is likely to gain to -0.06 in 2024. Angstrom | Return On Asset |
Angstrom Technologies Company Return On Asset Analysis
Angstrom Technologies' 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.
Current Angstrom Technologies Return On Asset | -0.16 |
Most of Angstrom Technologies' 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, Angstrom Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Angstrom Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Angstrom Technologies is extremely important. It helps to project a fair market value of Angstrom Stock properly, considering its historical fundamentals such as Return On Asset. Since Angstrom Technologies' 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 Angstrom Technologies' 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 Angstrom Technologies' interrelated accounts and indicators.
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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.
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Angstrom Total Assets
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Based on the latest financial disclosure, Angstrom Technologies has a Return On Asset of -0.165. This is 122.3% lower than that of the Chemicals sector and 107.67% lower than that of the Materials industry. The return on asset for all United States stocks is 17.86% higher than that of the company.
Angstrom Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Angstrom Technologies' 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 Angstrom Technologies could also be used in its relative valuation, which is a method of valuing Angstrom Technologies by comparing valuation metrics of similar companies.Angstrom Technologies is currently under evaluation in return on asset category among its peers.
Angstrom Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Angstrom Technologies from analyzing Angstrom Technologies' financial statements. These drivers represent accounts that assess Angstrom Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Angstrom Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0M | 113.4K | 1.8M | 1.2M | 1.4M | 2.5M | |
| Enterprise Value | (367.8K) | (2.3M) | (121.0K) | (838.3K) | (964.1K) | (915.9K) |
Angstrom Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (0.70) % | ||||
| Operating Margin | (0.66) % | ||||
| Current Valuation | 5.77 M | ||||
| Shares Outstanding | 36.07 M | ||||
| Price To Earning | (0.56) X | ||||
| Price To Sales | 8.98 X | ||||
| Revenue | 1.18 M | ||||
| Gross Profit | 712.88 K | ||||
| EBITDA | (470.75 K) | ||||
| Net Income | 55.84 K | ||||
| Cash And Equivalents | 534.75 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 132.18 K | ||||
| Current Ratio | 12.22 X | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | 741 | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | -18.98 | ||||
| Market Capitalization | 5.77 M | ||||
| Total Asset | 2.07 M | ||||
| Net Asset | 2.07 M |
About Angstrom Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Angstrom Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Angstrom Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Angstrom Technologies 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 Angstrom Stock Analysis
When running Angstrom Technologies' price analysis, check to measure Angstrom Technologies' 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 Angstrom Technologies is operating at the current time. Most of Angstrom Technologies' value examination focuses on studying past and present price action to predict the probability of Angstrom Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angstrom Technologies' price. Additionally, you may evaluate how the addition of Angstrom Technologies to your portfolios can decrease your overall portfolio volatility.