Elcora Advanced Materials Stock Return On Equity
ECORF Stock | USD 0.01 0 17.24% |
Elcora Advanced Materials fundamentals help investors to digest information that contributes to Elcora Advanced's financial success or failures. It also enables traders to predict the movement of Elcora Pink Sheet. The fundamental analysis module provides a way to measure Elcora Advanced'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 Elcora Advanced pink sheet.
Elcora |
Elcora Advanced Materials Company Return On Equity Analysis
Elcora Advanced's 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.
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, Elcora Advanced Materials has a Return On Equity of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Elcora Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elcora Advanced's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Elcora Advanced could also be used in its relative valuation, which is a method of valuing Elcora Advanced by comparing valuation metrics of similar companies.Elcora Advanced is currently under evaluation in return on equity category among its peers.
Elcora Fundamentals
Return On Asset | -0.35 | |||
Current Valuation | 5.68 M | |||
Shares Outstanding | 167.38 M | |||
Shares Owned By Insiders | 4.30 % | |||
Price To Earning | 2.29 X | |||
Price To Book | 52.84 X | |||
EBITDA | (728.8 K) | |||
Net Income | (959.09 K) | |||
Cash And Equivalents | 208.06 K | |||
Total Debt | 680.27 K | |||
Debt To Equity | 7.58 % | |||
Current Ratio | 0.25 X | |||
Book Value Per Share | 0 X | |||
Cash Flow From Operations | (1.43 M) | |||
Earnings Per Share | (0.01) X | |||
Beta | 0.79 | |||
Market Capitalization | 5.76 M | |||
Total Asset | 1.66 M | |||
Retained Earnings | (5.63 M) | |||
Working Capital | 225 K | |||
Current Asset | 550 K | |||
Current Liabilities | 325 K | |||
Z Score | 0.6 | |||
Net Asset | 1.66 M |
About Elcora Advanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elcora Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elcora Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elcora Advanced Materials 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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Other Information on Investing in Elcora Pink Sheet
Elcora Advanced financial ratios help investors to determine whether Elcora 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 Elcora with respect to the benefits of owning Elcora Advanced security.