Mitesco Stock Return On Asset

MITI Stock  USD 0.46  0.14  23.33%   
Mitesco fundamentals help investors to digest information that contributes to Mitesco's financial success or failures. It also enables traders to predict the movement of Mitesco Pink Sheet. The fundamental analysis module provides a way to measure Mitesco'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 Mitesco pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mitesco Company Return On Asset Analysis

Mitesco'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Mitesco Return On Asset

    
  -0.77  
Most of Mitesco'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, Mitesco 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, Mitesco has a Return On Asset of -0.7715. This is 91.18% lower than that of the Healthcare sector and significantly lower than that of the Health Information Services industry. The return on asset for all United States stocks is notably higher than that of the company.

Mitesco Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitesco's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Mitesco could also be used in its relative valuation, which is a method of valuing Mitesco by comparing valuation metrics of similar companies.
Mitesco is currently under evaluation in return on asset category among its peers.

Mitesco Fundamentals

About Mitesco Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Mitesco Pink Sheet

Mitesco financial ratios help investors to determine whether Mitesco Pink Sheet 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 Mitesco with respect to the benefits of owning Mitesco security.