Clear Blue Technologies Stock Return On Asset
| CBLU Stock | CAD 0.01 0.01 25.00% |
Clear Blue Technologies fundamentals help investors to digest information that contributes to Clear Blue's financial success or failures. It also enables traders to predict the movement of Clear Stock. The fundamental analysis module provides a way to measure Clear Blue'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 Clear Blue stock.
Return On Assets is likely to drop to -0.34 in 2024. Clear | Return On Asset |
Clear Blue Technologies Company Return On Asset Analysis
Clear Blue'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.
Current Clear Blue Return On Asset | -0.17 |
Most of Clear Blue'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, Clear Blue Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Clear Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Clear Blue is extremely important. It helps to project a fair market value of Clear Stock properly, considering its historical fundamentals such as Return On Asset. Since Clear Blue'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 Clear Blue'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 Clear Blue's 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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Based on the latest financial disclosure, Clear Blue Technologies has a Return On Asset of -0.1708. This is 94.09% lower than that of the Semiconductors & Semiconductor Equipment sector and 97.62% lower than that of the Information Technology industry. The return on asset for all Canada stocks is 22.0% higher than that of the company.
Clear Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clear Blue'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 Clear Blue could also be used in its relative valuation, which is a method of valuing Clear Blue by comparing valuation metrics of similar companies.Clear Blue is currently under evaluation in return on asset category among its peers.
Clear Blue Current Valuation Drivers
We derive many important indicators used in calculating different scores of Clear Blue from analyzing Clear Blue's financial statements. These drivers represent accounts that assess Clear Blue's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clear Blue's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.6M | 25.9M | 19.0M | 9.7M | 8.3M | 7.9M | |
| Enterprise Value | 6.8M | 26.6M | 25.1M | 18.8M | 19.3M | 15.2M |
Clear Fundamentals
| Return On Equity | -6.62 | ||||
| Return On Asset | -0.17 | ||||
| Profit Margin | (0.59) % | ||||
| Operating Margin | (0.90) % | ||||
| Current Valuation | 12.64 M | ||||
| Shares Outstanding | 124.49 M | ||||
| Shares Owned By Insiders | 9.70 % | ||||
| Shares Owned By Institutions | 0.37 % | ||||
| Number Of Shares Shorted | 376.28 K | ||||
| Price To Book | 87.86 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 5.4 M | ||||
| Gross Profit | 722.18 K | ||||
| EBITDA | (2.63 M) | ||||
| Net Income | (3.89 M) | ||||
| Cash And Equivalents | 1.47 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1.72 M | ||||
| Debt To Equity | 19.00 % | ||||
| Current Ratio | 4.71 X | ||||
| Book Value Per Share | (0.05) X | ||||
| Cash Flow From Operations | (2.06 M) | ||||
| Short Ratio | 1.57 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | 2.96 | ||||
| Market Capitalization | 2.49 M | ||||
| Total Asset | 12.02 M | ||||
| Retained Earnings | (37.23 M) | ||||
| Working Capital | 965.53 K | ||||
| Net Asset | 12.02 M |
About Clear Blue Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clear Blue Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clear Blue using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clear Blue 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 Clear Stock Analysis
When running Clear Blue's price analysis, check to measure Clear Blue'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 Clear Blue is operating at the current time. Most of Clear Blue's value examination focuses on studying past and present price action to predict the probability of Clear Blue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clear Blue's price. Additionally, you may evaluate how the addition of Clear Blue to your portfolios can decrease your overall portfolio volatility.