Foxx Development Holdings Stock Return On Asset
| FOXX Stock | 6.37 0.09 1.43% |
Foxx Development Holdings fundamentals help investors to digest information that contributes to Foxx Development's financial success or failures. It also enables traders to predict the movement of Foxx Stock. The fundamental analysis module provides a way to measure Foxx Development'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 Foxx Development stock.
Return On Assets is likely to rise to -0.61 in 2024. Foxx |
Foxx Development Holdings Company Return On Asset Analysis
Foxx Development'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.
Current Foxx Development Return On Asset | -0.53 |
Most of Foxx Development'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, Foxx Development Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Foxx Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Foxx Development is extremely important. It helps to project a fair market value of Foxx Stock properly, considering its historical fundamentals such as Return On Asset. Since Foxx Development'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 Foxx Development'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 Foxx Development's interrelated accounts and indicators.
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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.
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Foxx Total Assets
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Based on the latest financial disclosure, Foxx Development Holdings has a Return On Asset of -0.5296. This is 81.67% lower than that of the Technology sector and 64.22% lower than that of the Communication Equipment industry. The return on asset for all United States stocks is notably higher than that of the company.
Foxx Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Foxx Development'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 Foxx Development could also be used in its relative valuation, which is a method of valuing Foxx Development by comparing valuation metrics of similar companies.Foxx Development is currently under evaluation in return on asset category among its peers.
Foxx Fundamentals
| Return On Asset | -0.53 | ||||
| Profit Margin | (1.06) % | ||||
| Operating Margin | (0.66) % | ||||
| Current Valuation | 35.84 M | ||||
| Shares Outstanding | 7.28 M | ||||
| Shares Owned By Insiders | 80.11 % | ||||
| Shares Owned By Institutions | 9.64 % | ||||
| Number Of Shares Shorted | 13.92 K | ||||
| Price To Book | 95.54 X | ||||
| Price To Sales | 13.53 X | ||||
| Revenue | 3.23 M | ||||
| EBITDA | (3.09 M) | ||||
| Net Income | (3.43 M) | ||||
| Total Debt | 6.81 M | ||||
| Book Value Per Share | (4.00) X | ||||
| Cash Flow From Operations | (4.68 M) | ||||
| Short Ratio | 0.21 X | ||||
| Earnings Per Share | (0.71) X | ||||
| Number Of Employees | 25 | ||||
| Beta | 0.18 | ||||
| Market Capitalization | 43.68 M | ||||
| Total Asset | 5.37 M | ||||
| Retained Earnings | (11.03 M) | ||||
| Working Capital | (4.62 M) | ||||
| Net Asset | 5.37 M |
About Foxx Development Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Foxx Development Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Foxx Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Foxx Development Holdings 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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When running Foxx Development's price analysis, check to measure Foxx Development'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 Foxx Development is operating at the current time. Most of Foxx Development's value examination focuses on studying past and present price action to predict the probability of Foxx Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foxx Development's price. Additionally, you may evaluate how the addition of Foxx Development to your portfolios can decrease your overall portfolio volatility.