Choom Holdings Return On Asset vs. Net Income
Based on Choom Holdings' profitability indicators, Choom Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Choom Holdings' ability to earn profits and add value for shareholders.
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For Choom Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Choom Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Choom Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Choom Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Choom Holdings over time as well as its relative position and ranking within its peers.
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Choom Holdings Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Choom Holdings's current stock value. Our valuation model uses many indicators to compare Choom Holdings value to that of its competitors to determine the firm's financial worth. Choom Holdings is rated fourth in return on asset category among its peers. It is rated below average in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Choom Holdings' earnings, one of the primary drivers of an investment's value.Choom Net Income vs. Return On Asset
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.
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| = | -0.15 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
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| = | (21.62 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Choom Net Income Comparison
Choom Holdings is currently under evaluation in net income category among its peers.
Choom Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Choom Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Choom Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Choom Holdings' change in net profit over the period of time. It can combine multiple indicators of Choom Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Choom Holdings Inc., together with its subsidiaries, engages in the retail of cannabis. Choom Holdings Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. Choom Holdings operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 40 people.
Choom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Choom Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Choom Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Choom Holdings' important profitability drivers and their relationship over time.
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Other Information on Investing in Choom Pink Sheet
To fully project Choom Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Choom Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Choom Holdings' income statement, its balance sheet, and the statement of cash flows.