Equity Screeners to view more equity screening toolsThe Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also
Return On Equity AnalysisReturn on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how effecently a company utilizes investments to generate income.
About Return On EquityFor most industries Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
|Compare to competition|
Based on latest financial disclosure Digirad Corporation has Return On Equity of -5.01%. This is much lower than that of the sector, and significantly lower than that of Medical Equipment industry, The Return On Equity for all stocks is over 1000% higher than the company.
Digirad Fundamental Drivers Relationships
Digirad Corporation is rated # 3 in price to sales category among related companies. It is rated # 3 in current ratio category among related companies fabricating about 3.05 of Current Ratio per Price to Sales.