Rit Technologies Stock Return On Equity
RITTDelisted Stock | USD 0.0001 0.00 0.00% |
RIT Technologies fundamentals help investors to digest information that contributes to RIT Technologies' financial success or failures. It also enables traders to predict the movement of RIT Pink Sheet. The fundamental analysis module provides a way to measure RIT Technologies' 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 RIT Technologies pink sheet.
RIT |
RIT Technologies Company Return On Equity Analysis
RIT Technologies' 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.
Current RIT Technologies Return On Equity | -0.47 |
Most of RIT Technologies' 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, RIT Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, RIT Technologies has a Return On Equity of -0.4735. This is 96.06% lower than that of the Communications Equipment sector and 90.61% lower than that of the Information Technology industry. The return on equity for all United States stocks is 52.74% higher than that of the company.
RIT Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RIT Technologies' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of RIT Technologies could also be used in its relative valuation, which is a method of valuing RIT Technologies by comparing valuation metrics of similar companies.RIT Technologies is currently under evaluation in return on equity category among its peers.
RIT Fundamentals
Return On Equity | -0.47 | ||||
Return On Asset | -0.16 | ||||
Profit Margin | (0.23) % | ||||
Operating Margin | (0.23) % | ||||
Current Valuation | 1.54 M | ||||
Shares Outstanding | 15.54 M | ||||
Number Of Shares Shorted | 20.81 K | ||||
Price To Earning | (0.21) X | ||||
Price To Sales | 0.02 X | ||||
Revenue | 6.62 M | ||||
Gross Profit | 1.42 M | ||||
EBITDA | (2.89 M) | ||||
Net Income | (9.4 M) | ||||
Cash And Equivalents | 1.77 M | ||||
Cash Per Share | 0.11 X | ||||
Total Debt | 1000 K | ||||
Debt To Equity | 0.47 % | ||||
Current Ratio | 3.44 X | ||||
Book Value Per Share | 0.34 X | ||||
Cash Flow From Operations | (7.47 M) | ||||
Short Ratio | 0.46 X | ||||
Earnings Per Share | (0.19) X | ||||
Number Of Employees | 66 | ||||
Beta | 0.47 | ||||
Market Capitalization | 310.78 K | ||||
Total Asset | 8.67 M | ||||
Retained Earnings | (71.67 M) | ||||
Working Capital | 4.71 M | ||||
Current Asset | 7.24 M | ||||
Current Liabilities | 2.52 M | ||||
Z Score | -11.2 | ||||
Net Asset | 8.67 M |
About RIT Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RIT Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RIT Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RIT Technologies 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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Other Consideration for investing in RIT Pink Sheet
If you are still planning to invest in RIT Technologies 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 RIT Technologies' history and understand the potential risks before investing.
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