Neurosense Therapeutics Ltd Stock Return On Equity

NRSNW Stock  USD 0.24  0.06  20.00%   
NeuroSense Therapeutics Ltd fundamentals help investors to digest information that contributes to NeuroSense Therapeutics' financial success or failures. It also enables traders to predict the movement of NeuroSense Stock. The fundamental analysis module provides a way to measure NeuroSense Therapeutics' 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 NeuroSense Therapeutics stock.
Last ReportedProjected for Next Year
Return On Equity 5.39  5.66 
Return On Equity is likely to climb to 5.66 in 2024.
  
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NeuroSense Therapeutics Ltd Company Return On Equity Analysis

NeuroSense Therapeutics' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current NeuroSense Therapeutics Return On Equity

    
  -4.95  
Most of NeuroSense Therapeutics' fundamental indicators, such as Return On Equity, 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, NeuroSense Therapeutics Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NeuroSense Return On Equity Driver Correlations

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

NeuroSense Total Stockholder Equity

Total Stockholder Equity

(1.78 Million)

NeuroSense Therapeutics reported Total Stockholder Equity of (1.87 Million) in 2023
Based on the latest financial disclosure, NeuroSense Therapeutics Ltd has a Return On Equity of -4.9484. This is 79.36% lower than that of the Biotechnology sector and 86.43% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.

NeuroSense Return On Equity Peer Comparison

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

NeuroSense Fundamentals

About NeuroSense Therapeutics Fundamental Analysis

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

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Additional Tools for NeuroSense Stock Analysis

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