NEXE Innovations EBITDA vs. Return On Equity
| NEXE Stock | CAD 0.40 0.01 2.44% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -6.6 M | Current Value -7 M | Quarterly Volatility 4.4 M |
For NEXE Innovations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NEXE Innovations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NEXE Innovations utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NEXE Innovations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NEXE Innovations over time as well as its relative position and ranking within its peers.
NEXE |
NEXE Innovations Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NEXE Innovations's current stock value. Our valuation model uses many indicators to compare NEXE Innovations value to that of its competitors to determine the firm's financial worth. NEXE Innovations is considered to be number one stock in ebitda category among its peers. It also is considered to be number one stock in return on equity category among its peers . NEXE Innovations reported EBITDA of (6.62 Million) in 2023. 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 NEXE Innovations' earnings, one of the primary drivers of an investment's value.NEXE Return On Equity vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
NEXE Innovations |
| = | (4.51 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
NEXE Innovations |
| = | -0.0596 |
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.
NEXE Return On Equity Comparison
NEXE Innovations is currently under evaluation in return on equity category among its peers.
NEXE Innovations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NEXE Innovations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NEXE Innovations will eventually generate negative long term returns. The profitability progress is the general direction of NEXE Innovations' change in net profit over the period of time. It can combine multiple indicators of NEXE Innovations, 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 Reported | Projected for Next Year | ||
| Net Loss | -5.5 M | -5.8 M | |
| Net Interest Income | 475.5 K | 499.2 K | |
| Interest Income | 771.5 K | 810.1 K | |
| Operating Income | -5.1 M | -5.4 M | |
| Net Loss | -5.5 M | -5.8 M | |
| Income Before Tax | -5.5 M | -5.8 M | |
| Total Other Income Expense Net | -981.8 K | -1 M | |
| Net Loss | -5.5 M | -5.8 M | |
| Change To Netincome | 1.1 M | 1 M | |
| Income Quality | 0.37 | 0.09 | |
| Net Income Per E B T | 1.16 | 1.20 |
NEXE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NEXE Innovations. 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 NEXE Innovations 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 NEXE Innovations' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in NEXE Innovations 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.Did you try this?
Run Cryptocurrency Center Now
Cryptocurrency CenterBuild and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
| All Next | Launch Module |
Use Investing Themes to Complement your NEXE Innovations position
In addition to having NEXE Innovations 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?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 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 Hedge Favorites Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for NEXE Stock Analysis
When running NEXE Innovations' price analysis, check to measure NEXE Innovations' 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 NEXE Innovations is operating at the current time. Most of NEXE Innovations' value examination focuses on studying past and present price action to predict the probability of NEXE Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXE Innovations' price. Additionally, you may evaluate how the addition of NEXE Innovations to your portfolios can decrease your overall portfolio volatility.