Leonovus Stock Return On Equity

Understanding the fundamental principles of building solid financial models for LeoNovus is extremely important. It helps to project a fair market value of LeoNovus Stock properly, considering its historical fundamentals such as Return On Equity. Since LeoNovus' 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 LeoNovus' 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 LeoNovus' interrelated accounts and indicators.

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.

Based on the latest financial disclosure, LeoNovus has a Return On Equity of -2.2768. This is 81.07% lower than that of the Software sector and 39.93% lower than that of the Information Technology industry. The return on equity for all Canada stocks is notably higher than that of the company.

We derive many important indicators used in calculating different scores of LeoNovus from analyzing LeoNovus' financial statements. These drivers represent accounts that assess LeoNovus' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LeoNovus' important valuation drivers and their relationship over time.

The Macroaxis Fundamental Analysis modules help investors analyze LeoNovus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LeoNovus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LeoNovus 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.

When running LeoNovus' price analysis, check to measure LeoNovus' 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 LeoNovus is operating at the current time. Most of LeoNovus' value examination focuses on studying past and present price action to predict the probability of LeoNovus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeoNovus' price. Additionally, you may evaluate how the addition of LeoNovus to your portfolios can decrease your overall portfolio volatility.