Yourway Cannabis Brands Stock Return On Asset

YourWay Cannabis Brands fundamentals help investors to digest information that contributes to YourWay Cannabis' financial success or failures. It also enables traders to predict the movement of YourWay Pink Sheet. The fundamental analysis module provides a way to measure YourWay Cannabis' 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 YourWay Cannabis pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

YourWay Cannabis Brands Company Return On Asset Analysis

YourWay Cannabis' 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 YourWay Cannabis Return On Asset

    
  0.18  
Most of YourWay Cannabis' 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, YourWay Cannabis Brands 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, YourWay Cannabis Brands has a Return On Asset of 0.178. This is 102.03% lower than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The return on asset for all United States stocks is notably lower than that of the firm.

YourWay Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses YourWay Cannabis' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of YourWay Cannabis could also be used in its relative valuation, which is a method of valuing YourWay Cannabis by comparing valuation metrics of similar companies.
YourWay Cannabis is currently under evaluation in return on asset category among its peers.

YourWay Fundamentals

About YourWay Cannabis Fundamental Analysis

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

YourWay Cannabis financial ratios help investors to determine whether YourWay Pink Sheet 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 YourWay with respect to the benefits of owning YourWay Cannabis security.