Thorney Techs Ltd Stock Return On Asset

TTG Stock  EUR 0.08  0.0005  0.63%   
THORNEY TECHS LTD fundamentals help investors to digest information that contributes to THORNEY TECHS's financial success or failures. It also enables traders to predict the movement of THORNEY Stock. The fundamental analysis module provides a way to measure THORNEY TECHS'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 THORNEY TECHS stock.
  
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THORNEY TECHS LTD Company Return On Asset Analysis

THORNEY TECHS'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

More About Return On Asset | All Equity Analysis

Current THORNEY TECHS Return On Asset

    
  -0.24  
Most of THORNEY TECHS'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, THORNEY TECHS LTD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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
Based on the latest financial disclosure, THORNEY TECHS LTD has a Return On Asset of -0.2385. This is much lower than that of the sector and significantly lower than that of the Return On Asset industry. The return on asset for all Germany stocks is notably higher than that of the company.

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THORNEY Fundamentals

About THORNEY TECHS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze THORNEY TECHS LTD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of THORNEY TECHS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of THORNEY TECHS 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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Other Information on Investing in THORNEY Stock

THORNEY TECHS financial ratios help investors to determine whether THORNEY Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in THORNEY with respect to the benefits of owning THORNEY TECHS security.