Nextego Nv Ordinary Stock Return On Asset
| EGOX Stock | 0.0001 0.00 0.00% |
NexteGO NV Ordinary fundamentals help investors to digest information that contributes to NexteGO NV's financial success or failures. It also enables traders to predict the movement of NexteGO Stock. The fundamental analysis module provides a way to measure NexteGO NV'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 NexteGO NV stock.
Return On Assets is likely to drop to -0.28 in 2024. NexteGO |
NexteGO NV Ordinary Company Return On Asset Analysis
NexteGO NV'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.
NexteGO Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for NexteGO NV is extremely important. It helps to project a fair market value of NexteGO Stock properly, considering its historical fundamentals such as Return On Asset. Since NexteGO NV'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 NexteGO NV'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 NexteGO NV'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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NexteGO Total Assets
Total Assets |
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Based on the latest financial disclosure, NexteGO NV Ordinary has a Return On Asset of 0.0. This is 100.0% lower than that of the Automobiles sector and 100.0% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 100.0% lower than that of the firm.
NexteGO Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NexteGO NV'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 NexteGO NV could also be used in its relative valuation, which is a method of valuing NexteGO NV by comparing valuation metrics of similar companies.NexteGO NV is currently under evaluation in return on asset category among its peers.
NexteGO Fundamentals
| Current Valuation | 161.03 M | ||||
| Shares Outstanding | 94.39 M | ||||
| Number Of Shares Shorted | 751.74 K | ||||
| Price To Book | 0.0001 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 5.71 M | ||||
| EBITDA | (45.58 M) | ||||
| Net Income | (57.71 M) | ||||
| Total Debt | 87.6 M | ||||
| Cash Flow From Operations | (26.77 M) | ||||
| Market Capitalization | 2.89 M | ||||
| Total Asset | 244.26 M | ||||
| Retained Earnings | 21.5 M | ||||
| Working Capital | (59.8 M) | ||||
| Net Asset | 244.26 M |
About NexteGO NV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NexteGO NV Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NexteGO NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NexteGO NV Ordinary 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 NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.