Mcloud Technologies Corp Stock Fundamentals

MCLDDelisted Stock  USD 0.35  0.01  2.78%   
MCloud Technologies Corp fundamentals help investors to digest information that contributes to MCloud Technologies' financial success or failures. It also enables traders to predict the movement of MCloud Stock. The fundamental analysis module provides a way to measure MCloud Technologies' 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 MCloud Technologies stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MCloud Technologies Corp Company Return On Asset Analysis

MCloud Technologies' 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current MCloud Technologies Return On Asset

    
  -0.51  
Most of MCloud Technologies' 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, MCloud Technologies Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, MCloud Technologies Corp has a Return On Asset of -0.5144. This is 82.2% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.

MCloud Technologies Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MCloud Technologies's current stock value. Our valuation model uses many indicators to compare MCloud Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MCloud Technologies competition to find correlations between indicators driving MCloud Technologies's intrinsic value. More Info.
MCloud Technologies Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value MCloud Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MCloud Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MCloud Technologies' 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 MCloud Technologies could also be used in its relative valuation, which is a method of valuing MCloud Technologies by comparing valuation metrics of similar companies.
MCloud Technologies is currently under evaluation in return on asset category among its peers.

MCloud Fundamentals

About MCloud Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MCloud Technologies Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MCloud Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MCloud Technologies 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.
mCloud Technologies Corp., a technology company, provides asset management platform solutions combining IoT, artificial intelligence , and cloud in North America, the Asia-Pacific, Europe, the Middle East, Africa, Australia, and China. The company was formerly known as Universal mCloud Corp. and changed its name to mCloud Technologies Corp. in October 2019. mCloud Technologies Corp. was founded in 2017 and is headquartered in Vancouver, Canada. Mcloud Technologies is traded on NASDAQ Exchange in the United States.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Other Consideration for investing in MCloud Stock

If you are still planning to invest in MCloud Technologies Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MCloud Technologies' history and understand the potential risks before investing.
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