Altius Renewable Royalties Stock Return On Asset

ATRWF Stock  USD 8.45  0.08  0.94%   
Altius Renewable Royalties fundamentals help investors to digest information that contributes to Altius Renewable's financial success or failures. It also enables traders to predict the movement of Altius OTC Stock. The fundamental analysis module provides a way to measure Altius Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altius Renewable otc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Altius Renewable Royalties OTC Stock Return On Asset Analysis

Altius Renewable's 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.

Return On Asset

 = 

Net Income

Total Assets

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Current Altius Renewable Return On Asset

    
  -0.0095  
Most of Altius Renewable's fundamental indicators, such as Return On Asset, 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, Altius Renewable Royalties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, Altius Renewable Royalties has a Return On Asset of -0.0095. This is 100.39% lower than that of the Utilities sector and significantly lower than that of the Utilities—Renewable industry. The return on asset for all United States stocks is 93.21% lower than that of the firm.

Altius Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altius Renewable's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Altius Renewable could also be used in its relative valuation, which is a method of valuing Altius Renewable by comparing valuation metrics of similar companies.
Altius Renewable is currently under evaluation in return on asset category among its peers.

Altius Fundamentals

About Altius Renewable Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altius Renewable Royalties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altius Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altius Renewable Royalties based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Altius OTC Stock

Altius Renewable financial ratios help investors to determine whether Altius 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 Altius with respect to the benefits of owning Altius Renewable security.