Northstar Clean Technologies Stock Return On Equity

ROOF Stock   0.28  0.02  6.67%   
Northstar Clean Technologies fundamentals help investors to digest information that contributes to Northstar Clean's financial success or failures. It also enables traders to predict the movement of Northstar Stock. The fundamental analysis module provides a way to measure Northstar Clean'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 Northstar Clean stock.
Last ReportedProjected for Next Year
Return On Equity(1.23)(1.29)
Return On Equity is likely to drop to -1.29 in 2024.
  
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Northstar Clean Technologies Company Return On Equity Analysis

Northstar Clean's 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 Northstar Clean Return On Equity

    
  -1.29  
Most of Northstar Clean's 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, Northstar Clean Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Northstar Return On Equity Driver Correlations

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

Northstar Total Stockholder Equity

Total Stockholder Equity

5.46 Million

At this time, Northstar Clean's Total Stockholder Equity is fairly stable compared to the past year.

Northstar Return On Equity Peer Comparison

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

Northstar Fundamentals

About Northstar Clean Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

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 Northstar Stock Analysis

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