EcoSynthetix Shares Outstanding vs. Return On Asset

ECO Stock  CAD 3.96  0.11  2.86%   
Based on the key profitability measurements obtained from EcoSynthetix's financial statements, EcoSynthetix may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess EcoSynthetix's ability to earn profits and add value for shareholders. As of the 11th of December 2024, Price To Sales Ratio is likely to grow to 13.26. Also, Days Sales Outstanding is likely to grow to 59.13. At this time, EcoSynthetix's Total Other Income Expense Net is very stable compared to the past year. As of the 11th of December 2024, Net Income Per E B T is likely to grow to 0.83, while Operating Income is likely to drop (4.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.160.2197
Way Down
Very volatile
For EcoSynthetix profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EcoSynthetix to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EcoSynthetix utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EcoSynthetix's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EcoSynthetix over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between EcoSynthetix's value and its price as these two are different measures arrived at by different means. Investors typically determine if EcoSynthetix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EcoSynthetix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

EcoSynthetix Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining EcoSynthetix's current stock value. Our valuation model uses many indicators to compare EcoSynthetix value to that of its competitors to determine the firm's financial worth.
EcoSynthetix is one of the top stocks in shares outstanding category among its peers. It also is one of the top stocks in return on asset category among its peers . As of the 11th of December 2024, Return On Assets is likely to drop to -0.07. Comparative valuation analysis is a catch-all model that can be used if you cannot value EcoSynthetix by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EcoSynthetix's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

EcoSynthetix Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

EcoSynthetix

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
58.61 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

EcoSynthetix

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0579
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.

EcoSynthetix Return On Asset Comparison

EcoSynthetix is currently under evaluation in return on asset category among its peers.

EcoSynthetix Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in EcoSynthetix, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EcoSynthetix will eventually generate negative long term returns. The profitability progress is the general direction of EcoSynthetix's change in net profit over the period of time. It can combine multiple indicators of EcoSynthetix, 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.
Last ReportedProjected for Next Year
Operating Income-4.5 M-4.7 M
Income Before Tax-2.8 M-3 M
Total Other Income Expense Net1.7 M1.8 M
Net Loss-2.8 M-3 M
Income Tax Expense-1.7 M-1.6 M
Interest Income1.2 M717.7 K
Net Loss-2.7 M-2.9 M
Net Interest Income1.2 M766.8 K
Net Loss-2.8 M-3 M
Change To Netincome310.3 K294.8 K
Net Loss(0.05)(0.05)
Income Quality(0.11)(0.11)
Net Income Per E B T 0.64  0.83 

EcoSynthetix Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on EcoSynthetix. 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 EcoSynthetix 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 EcoSynthetix's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in EcoSynthetix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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Use Investing Themes to Complement your EcoSynthetix position

In addition to having EcoSynthetix in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Emerging Markets ETFs
Emerging Markets ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets ETFs Theme or any other thematic opportunities.
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Other Information on Investing in EcoSynthetix Stock

To fully project EcoSynthetix's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EcoSynthetix 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 EcoSynthetix's income statement, its balance sheet, and the statement of cash flows.
Potential EcoSynthetix investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although EcoSynthetix investors may work on each financial statement separately, they are all related. The changes in EcoSynthetix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EcoSynthetix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.