Converge Financial Statements From 2010 to 2024
| CTSDF Stock | USD 2.25 0.04 1.81% |
Check Converge Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Converge Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Converge financial statements analysis is a perfect complement when working with Converge Technology Valuation or Volatility modules.
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Converge Technology Solutions OTC Stock Operating Margin Analysis
Converge Technology's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Converge Technology Operating Margin | 0.03 % |
Most of Converge Technology's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Converge Technology Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, Converge Technology Solutions has an Operating Margin of 0.0253%. This is 100.29% lower than that of the Technology sector and 99.17% lower than that of the Information Technology Services industry. The operating margin for all United States stocks is 100.46% lower than that of the firm.
Converge Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Converge Technology's current stock value. Our valuation model uses many indicators to compare Converge Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Converge Technology competition to find correlations between indicators driving Converge Technology's intrinsic value. More Info.Converge Technology Solutions is rated second in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Converge Technology Solutions is roughly 2.55 . 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 Converge Technology's earnings, one of the primary drivers of an investment's value.About Converge Technology Financial Statements
Converge Technology stakeholders use historical fundamental indicators, such as Converge Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Converge Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Converge Technology's assets and liabilities are reflected in the revenues and expenses on Converge Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Converge Technology Solutions. Please read more on our technical analysis and fundamental analysis pages.
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions for corporate and government institutions in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Gatineau, Canada. Converge Technology is traded on OTC Exchange in the United States.
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Other Information on Investing in Converge OTC Stock
Converge Technology financial ratios help investors to determine whether Converge OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Converge with respect to the benefits of owning Converge Technology security.