Turnium Technology Group Stock Return On Asset
| TTGI Stock | 0.04 0.01 10.00% |
Turnium Technology Group fundamentals help investors to digest information that contributes to Turnium Technology's financial success or failures. It also enables traders to predict the movement of Turnium Stock. The fundamental analysis module provides a way to measure Turnium Technology'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 Turnium Technology stock.
Turnium | Return On Asset |
Turnium Technology Group Company Return On Asset Analysis
Turnium Technology'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 Turnium Technology Return On Asset | -0.67 |
Most of Turnium Technology'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, Turnium Technology Group 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.
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Turnium Total Assets
Total Assets |
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Based on the latest financial disclosure, Turnium Technology Group has a Return On Asset of -0.6695. This is 76.83% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all Canada stocks is notably higher than that of the company.
Turnium Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turnium Technology'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 Turnium Technology could also be used in its relative valuation, which is a method of valuing Turnium Technology by comparing valuation metrics of similar companies.Turnium Technology is currently under evaluation in return on asset category among its peers.
Turnium Fundamentals
| Return On Asset | -0.67 | ||||
| Profit Margin | (0.58) % | ||||
| Operating Margin | (0.38) % | ||||
| Current Valuation | 9.73 M | ||||
| Shares Outstanding | 162.13 M | ||||
| Shares Owned By Insiders | 23.27 % | ||||
| Number Of Shares Shorted | 3.95 K | ||||
| Price To Sales | 1.54 X | ||||
| Revenue | 5.21 M | ||||
| Gross Profit | 3.7 M | ||||
| EBITDA | (2.78 M) | ||||
| Net Income | (4.01 M) | ||||
| Total Debt | 400 K | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (2.64 M) | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 8.11 M | ||||
| Total Asset | 2.9 M | ||||
| Retained Earnings | (23.45 M) | ||||
| Working Capital | (2.24 M) | ||||
| Net Asset | 2.9 M |
About Turnium Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Turnium Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turnium Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turnium Technology Group 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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Additional Tools for Turnium Stock Analysis
When running Turnium Technology's price analysis, check to measure Turnium Technology'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 Turnium Technology is operating at the current time. Most of Turnium Technology's value examination focuses on studying past and present price action to predict the probability of Turnium Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turnium Technology's price. Additionally, you may evaluate how the addition of Turnium Technology to your portfolios can decrease your overall portfolio volatility.