Level Financial Statements From 2010 to 2024

Level 3 financial statements provide useful quarterly and yearly information to potential Level 3 Communications investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Level 3 financial statements helps investors assess Level 3's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Level 3's valuation are summarized below:
Level 3 Communications does not presently have any fundamental ratios for analysis.
Check Level 3 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Level main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Level financial statements analysis is a perfect complement when working with Level 3 Valuation or Volatility modules.
  
This module can also supplement various Level 3 Technical models . Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Level 3 Communications Company Return On Asset Analysis

Level 3'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 Level 3 Return On Asset

    
  0.0268  
Most of Level 3'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, Level 3 Communications 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, Level 3 Communications has a Return On Asset of 0.0268. This is much higher than that of the sector and significantly higher than that of the Return On Asset industry. The return on asset for all United States stocks is notably lower than that of the firm.

Level 3 Communications Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Level 3's current stock value. Our valuation model uses many indicators to compare Level 3 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Level 3 competition to find correlations between indicators driving Level 3's intrinsic value. More Info.
Level 3 Communications is rated fourth overall in return on equity category among related companies. It is rated fourth overall in return on asset category among related companies reporting about  0.43  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Level 3 Communications is roughly  2.33 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Level 3 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Level 3's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Level 3's earnings, one of the primary drivers of an investment's value.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Level Stock

If you are still planning to invest in Level 3 Communications check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Level 3's history and understand the potential risks before investing.
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