The Singing Machine Stock Return On Asset
| MICSDelisted Stock | USD 0.29 0.03 11.54% |
The Singing Machine fundamentals help investors to digest information that contributes to Singing Machine's financial success or failures. It also enables traders to predict the movement of Singing Stock. The fundamental analysis module provides a way to measure Singing Machine'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 Singing Machine stock.
Singing |
The Singing Machine Company Return On Asset Analysis
Singing Machine'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 Singing Machine Return On Asset | -0.13 |
Most of Singing Machine'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, The Singing Machine 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.
CompetitionBased on the latest financial disclosure, The Singing Machine has a Return On Asset of -0.128. This is 95.57% lower than that of the Textiles, Apparel & Luxury Goods sector and 98.59% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 8.57% lower than that of the firm.
Singing Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Singing Machine'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 Singing Machine could also be used in its relative valuation, which is a method of valuing Singing Machine by comparing valuation metrics of similar companies.Singing Machine is currently under evaluation in return on asset category among its peers.
Singing Fundamentals
| Return On Equity | -0.59 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.93) % | |||
| Current Valuation | 10.26 M | |||
| Shares Outstanding | 9.74 M | |||
| Shares Owned By Insiders | 46.83 % | |||
| Shares Owned By Institutions | 4.44 % | |||
| Number Of Shares Shorted | 36.25 K | |||
| Price To Earning | 27.90 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 0.19 X | |||
| Revenue | 38.93 M | |||
| Gross Profit | 9.21 M | |||
| EBITDA | (7.81 M) | |||
| Net Income | (8.53 M) | |||
| Cash And Equivalents | 2.98 M | |||
| Cash Per Share | 0.96 X | |||
| Total Debt | 4.01 M | |||
| Debt To Equity | 0.26 % | |||
| Current Ratio | 1.70 X | |||
| Book Value Per Share | (0.14) X | |||
| Cash Flow From Operations | 548 K | |||
| Short Ratio | 0.14 X | |||
| Earnings Per Share | (1.47) X | |||
| Target Price | 4.0 | |||
| Number Of Employees | 27 | |||
| Beta | 0.19 | |||
| Market Capitalization | 7.39 M | |||
| Total Asset | 27.71 M | |||
| Retained Earnings | (25.91 M) | |||
| Working Capital | 7 M | |||
| Net Asset | 27.71 M |
About Singing Machine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Singing Machine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Singing Machine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Singing Machine 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.
Thematic Opportunities
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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 main economic indicators. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Singing Stock
If you are still planning to invest in Singing Machine 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 Singing Machine's history and understand the potential risks before investing.
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