Ngx Energy Net Income vs. Return On Equity
| GASXF Stock | USD 0.74 0.02 2.78% |
For Ngx Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ngx Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ngx Energy International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ngx Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ngx Energy International over time as well as its relative position and ranking within its peers.
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Ngx Energy International Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ngx Energy's current stock value. Our valuation model uses many indicators to compare Ngx Energy value to that of its competitors to determine the firm's financial worth. Ngx Energy International is rated # 4 in net income category among its peers. It is rated below average in return on equity 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 Ngx Energy's earnings, one of the primary drivers of an investment's value.Ngx Return On Equity vs. Net Income
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.
Ngx Energy |
| = | (6.71 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Ngx Energy |
| = | -0.61 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Ngx Return On Equity Comparison
Ngx Energy is currently under evaluation in return on equity category among its peers.
Ngx Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ngx Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ngx Energy will eventually generate negative long term returns. The profitability progress is the general direction of Ngx Energy's change in net profit over the period of time. It can combine multiple indicators of Ngx Energy, 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.
NG Energy International Corp., an oil and gas company, engages in the acquisition, exploration, development, and exploitation of oil and natural gas assets in Colombia. NG Energy International Corp. is headquartered in Vancouver, Canada. Ng Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.
Ngx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ngx Energy. 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 Ngx Energy 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 Ngx Energy's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Ngx Energy position
In addition to having Ngx Energy 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.Did You Try This Idea?
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Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 constituents at this time.
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Other Information on Investing in Ngx OTC Stock
To fully project Ngx Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ngx Energy International 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 Ngx Energy's income statement, its balance sheet, and the statement of cash flows.