WesCan Energy Return On Asset vs. Return On Equity
| WCE Stock | CAD 0.09 0.01 5.56% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.47 | 0.4476 |
|
|
For WesCan Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WesCan Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WesCan Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WesCan Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WesCan Energy Corp over time as well as its relative position and ranking within its peers.
WesCan |
WesCan Energy Corp Return On Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WesCan Energy's current stock value. Our valuation model uses many indicators to compare WesCan Energy value to that of its competitors to determine the firm's financial worth. WesCan Energy Corp is rated first in return on asset category among its peers. It is rated first in return on equity category among its peers reporting about 490.00 of Return On Equity per Return On Asset. At this time, WesCan Energy's Return On Equity is fairly stable compared to the past year. 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 WesCan Energy's earnings, one of the primary drivers of an investment's value.WesCan Return On Equity 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.
WesCan Energy |
| = | 1.0E-4 |
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.
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.
WesCan Energy |
| = | 0.049 |
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.
WesCan Return On Equity Comparison
WesCan Energy is currently under evaluation in return on equity category among its peers.
WesCan Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WesCan Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WesCan Energy will eventually generate negative long term returns. The profitability progress is the general direction of WesCan Energy's change in net profit over the period of time. It can combine multiple indicators of WesCan 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.9 M | 1.4 M | |
| Operating Income | 104.8 K | 110 K | |
| Income Before Tax | 233.9 K | 245.6 K | |
| Total Other Income Expense Net | 129.1 K | 110.9 K | |
| Net Income | 233.9 K | 245.6 K | |
| Income Tax Expense | (2.00) | (1.90) | |
| Net Income From Continuing Ops | 233.9 K | 245.6 K | |
| Net Loss | -122 K | -115.9 K | |
| Net Interest Income | -99.4 K | -94.5 K | |
| Change To Netincome | -22.9 K | -24 K | |
| Net Income Per Share | 0.01 | 0.01 | |
| Income Quality | (1.16) | (1.10) | |
| Net Income Per E B T | 0.06 | 0.06 |
WesCan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WesCan 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 WesCan 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 WesCan Energy's 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 WesCan Energy 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 Analyst Advice Now
Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
Use Investing Themes to Complement your WesCan Energy position
In addition to having WesCan 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?
Run Raw Materials Thematic Idea Now
Raw Materials
Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 15 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 Raw Materials Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for WesCan Stock Analysis
When running WesCan Energy's price analysis, check to measure WesCan Energy's 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 WesCan Energy is operating at the current time. Most of WesCan Energy's value examination focuses on studying past and present price action to predict the probability of WesCan Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesCan Energy's price. Additionally, you may evaluate how the addition of WesCan Energy to your portfolios can decrease your overall portfolio volatility.