West High Yield Stock Return On Asset
| WHY Stock | CAD 0.26 0.01 4.00% |
West High Yield fundamentals help investors to digest information that contributes to West High's financial success or failures. It also enables traders to predict the movement of West Stock. The fundamental analysis module provides a way to measure West High'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 West High stock.
Return On Assets is likely to drop to -1.78 in 2024. West | Return On Asset |
West High Yield Company Return On Asset Analysis
West High'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 West High Return On Asset | -0.81 |
Most of West High'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, West High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
West Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for West High is extremely important. It helps to project a fair market value of West Stock properly, considering its historical fundamentals such as Return On Asset. Since West High'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 West High'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 West High'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.
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Based on the latest financial disclosure, West High Yield has a Return On Asset of -0.8118. This is 209.7% lower than that of the Metals & Mining sector and 86.08% lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
West Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses West High'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 West High could also be used in its relative valuation, which is a method of valuing West High by comparing valuation metrics of similar companies.West High is currently under evaluation in return on asset category among its peers.
West High Current Valuation Drivers
We derive many important indicators used in calculating different scores of West High from analyzing West High's financial statements. These drivers represent accounts that assess West High's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of West High's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 25.8M | 9.9M | 14.7M | 47.2M | 42.5M | 44.6M | |
| Enterprise Value | 29.5M | 13.9M | 19.1M | 52.4M | 47.1M | 49.5M |
West Fundamentals
| Return On Asset | -0.81 | ||||
| Current Valuation | 29.5 M | ||||
| Shares Outstanding | 93.85 M | ||||
| Shares Owned By Insiders | 26.36 % | ||||
| Number Of Shares Shorted | 11.28 K | ||||
| Price To Earning | (6.98) X | ||||
| Price To Book | 297.39 X | ||||
| EBITDA | (2.86 M) | ||||
| Net Income | (3.14 M) | ||||
| Cash And Equivalents | 59.41 K | ||||
| Total Debt | 2.52 M | ||||
| Current Ratio | 0.03 X | ||||
| Book Value Per Share | (0.05) X | ||||
| Cash Flow From Operations | (2.35 M) | ||||
| Short Ratio | 0.10 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Beta | 1.72 | ||||
| Market Capitalization | 24.4 M | ||||
| Total Asset | 1.85 M | ||||
| Retained Earnings | (36.11 M) | ||||
| Working Capital | (5.79 M) | ||||
| Net Asset | 1.85 M |
About West High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze West High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of West High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of West High Yield 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 West Stock Analysis
When running West High's price analysis, check to measure West High'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 West High is operating at the current time. Most of West High's value examination focuses on studying past and present price action to predict the probability of West High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West High's price. Additionally, you may evaluate how the addition of West High to your portfolios can decrease your overall portfolio volatility.