H2O Innovation Financials
| HEOFFDelisted Stock | USD 3.12 0.01 0.32% |
With this module, you can analyze H2O financials for your investing period. You should be able to track the changes in H2O Innovation individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
H2O |
Understanding current and past H2O Innovation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of H2O Innovation's financial statements are interrelated, with each one affecting the others. For example, an increase in H2O Innovation's assets may result in an increase in income on the income statement.
The data published in H2O Innovation's official financial statements usually reflect H2O Innovation's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of H2O Innovation. For example, before you start analyzing numbers published by H2O accountants, it's critical to develop an understanding of what H2O Innovation's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of H2O Innovation's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, H2O Innovation's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in H2O Innovation's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of H2O Innovation. Please utilize our Beneish M Score to check the likelihood of H2O Innovation's management manipulating its earnings.
H2O Innovation Stock Summary
H2O Innovation competes with Middlesex Water, SJW, California Water, Artesian Resources, and Global Water. H2O Innovation Inc. designs and provides integrated water treatment solutions based on membrane filtration technology. The company was founded in 2000 and is headquartered in Quebec City, Canada. H2O Innovation operates under UtilitiesRegulated Water classification in the United States and is traded on OTC Exchange. It employs 1000 people.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | 330 rue Saint-Vallier |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | NYSE Composite |
| Website | www.h2oinnovation.com |
| Phone | 418 688 0170 |
| Currency | USD - US Dollar |
You should never invest in H2O Innovation without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of H2O OTC Stock, because this is throwing your money away. Analyzing the key information contained in H2O Innovation's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
H2O Innovation Key Financial Ratios
Generally speaking, H2O Innovation's financial ratios allow both analysts and investors to convert raw data from H2O Innovation's financial statements into concise, actionable information that can be used to evaluate the performance of H2O Innovation over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that H2O Innovation reports annually and quarterly.| Return On Equity | 0.049 | |||
| Return On Asset | 0.0258 | |||
| Beta | 0.78 |
H2O Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining H2O Innovation's current stock value. Our valuation model uses many indicators to compare H2O Innovation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across H2O Innovation competition to find correlations between indicators driving H2O Innovation's intrinsic value. More Info.H2O Innovation is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for H2O Innovation is roughly 1.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value H2O Innovation by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for H2O Innovation's OTC 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 H2O Innovation's earnings, one of the primary drivers of an investment's value.H2O Innovation Market Pulse
| Quote | 3.12 |
| Change(%) | 0.32 |
| Change | 0.01 |
| Open | 3.13 |
| Low | 3.12 |
| High | 3.13 |
| Volume | 0 |
| Exchange | OTCQX |
About H2O Innovation Financials
What exactly are H2O Innovation Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include H2O Innovation's income statement, its balance sheet, and the statement of cash flows. Potential H2O Innovation investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although H2O Innovation investors may use each financial statement separately, they are all related. The changes in H2O Innovation's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on H2O Innovation'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze H2O Innovation Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as H2O Innovation is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of H2O has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if H2O Innovation's financials are consistent with your investment objective using the following steps:- Review H2O Innovation's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand H2O Innovation's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare H2O Innovation's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if H2O Innovation's stock is overvalued or undervalued.
H2O Innovation April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of H2O Innovation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of H2O Innovation. We use our internally-developed statistical techniques to arrive at the intrinsic value of H2O Innovation based on widely used predictive technical indicators. In general, we focus on analyzing H2O OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build H2O Innovation's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.1009 | |||
| Maximum Drawdown | 67.44 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.58 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the H2O Innovation information on this page should be used as a complementary analysis to other H2O Innovation'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in H2O OTC Stock
If you are still planning to invest in H2O Innovation 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 H2O Innovation's history and understand the potential risks before investing.
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