North European Oil Stock Return On Asset

NRT Stock  USD 4.20  0.20  5.00%   
North European Oil fundamentals help investors to digest information that contributes to North European's financial success or failures. It also enables traders to predict the movement of North Stock. The fundamental analysis module provides a way to measure North European'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 North European stock.
Return On Assets is likely to gain to 25.16 in 2024.
  
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North European Oil Company Return On Asset Analysis

North European'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

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Current North European Return On Asset

    
  0.92  
Most of North European'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, North European Oil is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

North Return On Asset Driver Correlations

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

North Total Assets

Total Assets

679,898

At this time, North European's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, North European Oil has a Return On Asset of 0.9247. This is much higher than that of the Oil, Gas & Consumable Fuels sector and 112.7% lower than that of the Energy industry. The return on asset for all United States stocks is notably lower than that of the firm.

North Return On Asset Peer Comparison

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

North European ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, North European's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to North European's managers, analysts, and investors.
Environmental
Governance
Social

North Fundamentals

About North European Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze North European Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North European using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North European Oil 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for North Stock Analysis

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