Nova Leap Net Income vs. Return On Asset
| NLH Stock | CAD 0.25 0.02 7.41% |
Net Loss | First Reported 2016-03-31 | Previous Quarter 227 K | Current Value -207.9 K | Quarterly Volatility 513.2 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.28 | 0.3731 |
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For Nova Leap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nova Leap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nova Leap Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nova Leap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nova Leap Health over time as well as its relative position and ranking within its peers.
Nova |
Nova Leap Health Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nova Leap's current stock value. Our valuation model uses many indicators to compare Nova Leap value to that of its competitors to determine the firm's financial worth. Nova Leap Health is regarded fourth in net income category among its peers. It is considered to be number one stock in return on asset category among its peers . Nova Leap reported Net Loss of (1.07 Million) in 2023. 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 Nova Leap's earnings, one of the primary drivers of an investment's value.Nova Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nova Leap |
| = | (1.07 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Nova Leap |
| = | 0.0279 |
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.
Nova Return On Asset Comparison
Nova Leap is currently under evaluation in return on asset category among its peers.
Nova Leap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nova Leap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nova Leap will eventually generate negative long term returns. The profitability progress is the general direction of Nova Leap's change in net profit over the period of time. It can combine multiple indicators of Nova Leap, 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 | -1.1 M | -1 M | |
| Operating Income | -179.1 K | -170.2 K | |
| Net Loss | -1.1 M | -1 M | |
| Income Before Tax | -1.4 M | -1.3 M | |
| Total Other Income Expense Net | -995 K | -945.3 K | |
| Net Loss | -961.1 K | -913.1 K | |
| Net Loss | -1.1 M | -1 M | |
| Income Tax Expense | -333.7 K | -317 K | |
| Net Interest Income | -233.3 K | -245 K | |
| Change To Netincome | 702.6 K | 359.6 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | (2.04) | (1.94) | |
| Net Income Per E B T | 0.77 | 0.73 |
Nova Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nova Leap. 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 Nova Leap 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 Nova Leap'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 Nova Leap 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?
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Portfolio AnalyzerPortfolio analysis module that provides access to portfolio diagnostics and optimization engine |
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Use Investing Themes to Complement your Nova Leap position
In addition to having Nova Leap 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?
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Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 41 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 Real Estate Theme or any other thematic opportunities.
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Additional Tools for Nova Stock Analysis
When running Nova Leap's price analysis, check to measure Nova Leap'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 Nova Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.