Chardan Nextech Acquisition Stock Return On Asset
| DFLIW Stock | USD 0.02 0.0002 1.11% |
Chardan NexTech Acquisition fundamentals help investors to digest information that contributes to Chardan NexTech's financial success or failures. It also enables traders to predict the movement of Chardan Stock. The fundamental analysis module provides a way to measure Chardan NexTech'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 Chardan NexTech stock.
Return On Assets is likely to climb to -0.17 in 2024. Chardan | Return On Asset |
Chardan NexTech Acquisition Company Return On Asset Analysis
Chardan NexTech'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 Chardan NexTech Return On Asset | -0.14 |
Most of Chardan NexTech'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, Chardan NexTech Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Chardan Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Chardan NexTech is extremely important. It helps to project a fair market value of Chardan Stock properly, considering its historical fundamentals such as Return On Asset. Since Chardan NexTech'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 Chardan NexTech'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 Chardan NexTech'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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Chardan Total Assets
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Based on the latest financial disclosure, Chardan NexTech Acquisition has a Return On Asset of -0.1427. This is 72.02% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on asset for all United States stocks is 1.93% higher than that of the company.
Chardan Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chardan NexTech'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 Chardan NexTech could also be used in its relative valuation, which is a method of valuing Chardan NexTech by comparing valuation metrics of similar companies.Chardan NexTech is currently under evaluation in return on asset category among its peers.
Chardan Fundamentals
| Return On Equity | -1.64 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (0.59) % | |||
| Operating Margin | (0.51) % | |||
| Number Of Shares Shorted | 42.03 K | |||
| Revenue | 64.39 M | |||
| EBITDA | 3.41 M | |||
| Net Income | (13.82 M) | |||
| Total Debt | 23.31 M | |||
| Book Value Per Share | 0.46 X | |||
| Cash Flow From Operations | (17.71 M) | |||
| Number Of Employees | 150 | |||
| Beta | -0.82 | |||
| Total Asset | 75.2 M | |||
| Retained Earnings | (41.54 M) | |||
| Working Capital | 15.54 M | |||
| Net Asset | 75.2 M |
About Chardan NexTech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chardan NexTech Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chardan NexTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chardan NexTech Acquisition 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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When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.