Northview Acquisition Stock Return On Asset
| NVACW Stock | USD 0.05 0 2.65% |
NorthView Acquisition fundamentals help investors to digest information that contributes to NorthView Acquisition's financial success or failures. It also enables traders to predict the movement of NorthView Stock. The fundamental analysis module provides a way to measure NorthView Acquisition'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 NorthView Acquisition stock.
Return On Assets is likely to climb to 0.11 in 2024. NorthView |
NorthView Acquisition Company Return On Asset Analysis
NorthView Acquisition'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 NorthView Acquisition Return On Asset | -0.0998 |
Most of NorthView Acquisition'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, NorthView Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NorthView Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for NorthView Acquisition is extremely important. It helps to project a fair market value of NorthView Stock properly, considering its historical fundamentals such as Return On Asset. Since NorthView Acquisition'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 NorthView Acquisition'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 NorthView Acquisition's interrelated accounts and indicators.
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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.
CompetitionNorthView Total Assets
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Based on the latest financial disclosure, NorthView Acquisition has a Return On Asset of -0.0998. This is 78.77% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 28.71% lower than that of the firm.
NorthView Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NorthView Acquisition'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 NorthView Acquisition could also be used in its relative valuation, which is a method of valuing NorthView Acquisition by comparing valuation metrics of similar companies.NorthView Acquisition is currently under evaluation in return on asset category among its peers.
NorthView Fundamentals
| Return On Asset | -0.0998 | ||||
| Number Of Shares Shorted | 2.56 K | ||||
| EBITDA | 1.62 M | ||||
| Net Income | 1.16 M | ||||
| Total Debt | 944.12 K | ||||
| Book Value Per Share | (0.57) X | ||||
| Cash Flow From Operations | (2.06 M) | ||||
| Beta | 0.032 | ||||
| Total Asset | 10.88 M | ||||
| Retained Earnings | (3.46 M) | ||||
| Working Capital | (3.35 M) | ||||
| Net Asset | 10.88 M |
About NorthView Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NorthView Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NorthView Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NorthView Acquisition 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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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.Additional Tools for NorthView Stock Analysis
When running NorthView Acquisition's price analysis, check to measure NorthView Acquisition'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 NorthView Acquisition is operating at the current time. Most of NorthView Acquisition's value examination focuses on studying past and present price action to predict the probability of NorthView Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthView Acquisition's price. Additionally, you may evaluate how the addition of NorthView Acquisition to your portfolios can decrease your overall portfolio volatility.