Ifabric Corp Stock Return On Asset
| IFA Stock | CAD 1.10 0.01 0.92% |
iFabric Corp fundamentals help investors to digest information that contributes to IFabric Corp's financial success or failures. It also enables traders to predict the movement of IFabric Stock. The fundamental analysis module provides a way to measure IFabric Corp'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 IFabric Corp stock.
As of the 11th of December 2024, Return On Assets is likely to grow to -52.16. IFabric | Return On Asset |
iFabric Corp Company Return On Asset Analysis
IFabric Corp'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 IFabric Corp Return On Asset | 0.0161 |
Most of IFabric Corp'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, iFabric Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
IFabric Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for IFabric Corp is extremely important. It helps to project a fair market value of IFabric Stock properly, considering its historical fundamentals such as Return On Asset. Since IFabric Corp'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 IFabric Corp'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 IFabric Corp'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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IFabric Total Assets
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Based on the latest financial disclosure, iFabric Corp has a Return On Asset of 0.0161. This is 98.52% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.1% lower than that of the Consumer Discretionary industry. The return on asset for all Canada stocks is 111.5% lower than that of the firm.
IFabric Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IFabric Corp'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 IFabric Corp could also be used in its relative valuation, which is a method of valuing IFabric Corp by comparing valuation metrics of similar companies.IFabric Corp is currently under evaluation in return on asset category among its peers.
IFabric Fundamentals
| Return On Equity | 0.0257 | ||||
| Return On Asset | 0.0161 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 30.5 M | ||||
| Shares Outstanding | 30.3 M | ||||
| Shares Owned By Insiders | 66.41 % | ||||
| Shares Owned By Institutions | 0.67 % | ||||
| Number Of Shares Shorted | 6.42 K | ||||
| Price To Earning | 21.15 X | ||||
| Price To Book | 1.54 X | ||||
| Price To Sales | 1.43 X | ||||
| Revenue | 22.72 M | ||||
| Gross Profit | 7 M | ||||
| EBITDA | (2.21 M) | ||||
| Net Income | (1.69 M) | ||||
| Cash And Equivalents | 2.31 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 2.03 M | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 1.93 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | 833.77 K | ||||
| Short Ratio | 1.36 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Beta | 0.91 | ||||
| Market Capitalization | 33.33 M | ||||
| Total Asset | 25.91 M | ||||
| Retained Earnings | 3.05 M | ||||
| Working Capital | 18.7 M | ||||
| Net Asset | 25.91 M |
About IFabric Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iFabric Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IFabric Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iFabric Corp 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.
Pair Trading with IFabric Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IFabric Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IFabric Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IFabric Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IFabric Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IFabric Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iFabric Corp to buy it.
The correlation of IFabric Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IFabric Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iFabric Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IFabric Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in IFabric Stock
IFabric Corp financial ratios help investors to determine whether IFabric Stock 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 IFabric with respect to the benefits of owning IFabric Corp security.