Evergreen Warrant Stock Return On Asset

EVGRW Stock  USD 0.06  0.0001  0.17%   
Evergreen Warrant fundamentals help investors to digest information that contributes to Evergreen Warrant's financial success or failures. It also enables traders to predict the movement of Evergreen Stock. The fundamental analysis module provides a way to measure Evergreen Warrant'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 Evergreen Warrant stock.
Return On Assets is likely to climb to 0.04 in 2024.
  
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Evergreen Warrant Company Return On Asset Analysis

Evergreen Warrant'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

More About Return On Asset | All Equity Analysis

Current Evergreen Warrant Return On Asset

    
  -0.0101  
Most of Evergreen Warrant'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, Evergreen Warrant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Evergreen Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Evergreen Warrant is extremely important. It helps to project a fair market value of Evergreen Stock properly, considering its historical fundamentals such as Return On Asset. Since Evergreen Warrant's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Evergreen Warrant's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Evergreen Warrant's interrelated accounts and indicators.
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

Evergreen Total Assets

Total Assets

73.96 Million

At this time, Evergreen Warrant's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Evergreen Warrant has a Return On Asset of -0.0101. This is 97.85% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 92.79% lower than that of the firm.

Evergreen Return On Asset Peer Comparison

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

Evergreen Fundamentals

About Evergreen Warrant Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Evergreen Warrant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evergreen Warrant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evergreen Warrant based on its fundamental data. In general, a quantitative approach, as applied to this company, 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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Additional Tools for Evergreen Stock Analysis

When running Evergreen Warrant's price analysis, check to measure Evergreen Warrant'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 Evergreen Warrant is operating at the current time. Most of Evergreen Warrant's value examination focuses on studying past and present price action to predict the probability of Evergreen Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Warrant's price. Additionally, you may evaluate how the addition of Evergreen Warrant to your portfolios can decrease your overall portfolio volatility.