Red Financial Statements From 2010 to 2024
| RDVT Stock | USD 17.87 0.20 1.11% |
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
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Red Violet Company Return On Equity Analysis
Red Violet's Return 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 efficiently a company utilizes investments to generate income.
Current Red Violet Return On Equity | 0.17 |
Most of Red Violet's fundamental indicators, such as Return On Equity, 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, Red Violet is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the 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.
| Competition |
Based on the latest financial disclosure, Red Violet has a Return On Equity of 0.1721. This is 101.43% lower than that of the Professional Services sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 155.52% lower than that of the firm.
Red Violet Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Violet's current stock value. Our valuation model uses many indicators to compare Red Violet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Violet competition to find correlations between indicators driving Red Violet's intrinsic value. More Info.Red Violet is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.11 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Red Violet is roughly 9.35 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Red Violet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Red Violet'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 Red Violet's earnings, one of the primary drivers of an investment's value.About Red Violet Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Red Violet income statement, its balance sheet, and the statement of cash flows. Red Violet investors use historical funamental indicators, such as Red Violet's revenue or net income, to determine how well the company is positioned to perform in the future. Although Red Violet investors may use each financial statement separately, they are all related. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Red Violet'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 Red Violet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Red Violet. Please read more on our technical analysis and fundamental analysis pages.
Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. Red Violet, Inc. was incorporated in 2017 and is headquartered in Boca Raton, Florida. Red Violet operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1 people.
Currently Active Assets on Macroaxis
When determining whether Red Violet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Red Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Red Violet Stock. Highlighted below are key reports to facilitate an investment decision about Red Violet Stock:Check out the analysis of Red Violet Correlation against competitors. For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Red Stock analysis
When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.
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Is Red Violet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Violet. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Violet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Red Violet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Violet's market value can be influenced by many factors that don't directly affect Red Violet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Violet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.