MICT Financial Statements From 2010 to 2024
| MICTDelisted Stock | USD 0.90 0.00 0.00% |
Check MICT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MICT main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . MICT financial statements analysis is a perfect complement when working with MICT Valuation or Volatility modules.
MICT |
MICT Inc Company Return On Asset Analysis
MICT'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 MICT Return On Asset | -0.16 |
Most of MICT'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, MICT Inc 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.
CompetitionBased on the latest financial disclosure, MICT Inc has a Return On Asset of -0.1627. This is 94.37% lower than that of the Aerospace & Defense sector and significantly lower than that of the Industrials industry. The return on asset for all United States stocks is 16.21% higher than that of the company.
MICT Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MICT's current stock value. Our valuation model uses many indicators to compare MICT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MICT competition to find correlations between indicators driving MICT's intrinsic value. More Info.MICT Inc is regarded second in return on equity category among related companies. It is regarded third in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value MICT by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MICT'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 MICT's earnings, one of the primary drivers of an investment's value.About MICT Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include MICT income statement, its balance sheet, and the statement of cash flows. MICT investors use historical funamental indicators, such as MICT's revenue or net income, to determine how well the company is positioned to perform in the future. Although MICT investors may use each financial statement separately, they are all related. The changes in MICT's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MICT's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MICT Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MICT. Please read more on our technical analysis and fundamental analysis pages.
MICT, Inc., through its subsidiaries, engages in the financial technology and insurance business in China, Singapore, and Hong Kong. MICT, Inc. was incorporated in 2002 and is based in Montvale, New Jersey. Micronet Enertec operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange.
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Try AI Portfolio ArchitectCheck 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 main economic indicators. Note that the MICT Inc information on this page should be used as a complementary analysis to other MICT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in MICT Stock
If you are still planning to invest in MICT Inc 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 MICT's history and understand the potential risks before investing.
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