Earthworks Industries Stock Return On Equity
| EAATF Stock | USD 0.14 0.00 0.00% |
Earthworks Industries fundamentals help investors to digest information that contributes to Earthworks Industries' financial success or failures. It also enables traders to predict the movement of Earthworks Pink Sheet. The fundamental analysis module provides a way to measure Earthworks Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Earthworks Industries pink sheet.
Earthworks |
Earthworks Industries Company Return On Equity Analysis
Earthworks Industries' 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 Earthworks Industries Return On Equity | -0.79 |
Most of Earthworks Industries' 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, Earthworks Industries 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, Earthworks Industries has a Return On Equity of -0.7924. This is 280.09% lower than that of the Industrials sector and 97.48% lower than that of the Waste Management industry. The return on equity for all United States stocks is 155.61% higher than that of the company.
Earthworks Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Earthworks Industries' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Earthworks Industries could also be used in its relative valuation, which is a method of valuing Earthworks Industries by comparing valuation metrics of similar companies.Earthworks Industries is currently under evaluation in return on equity category among related companies.
Earthworks Fundamentals
| Return On Equity | -0.79 | |||
| Return On Asset | -0.0707 | |||
| Current Valuation | 13.16 M | |||
| Shares Outstanding | 94.31 M | |||
| Shares Owned By Insiders | 27.30 % | |||
| Price To Earning | (6.26) X | |||
| Price To Book | 7.09 X | |||
| EBITDA | (606.63 K) | |||
| Net Income | (1.05 M) | |||
| Cash And Equivalents | 49.18 K | |||
| Total Debt | 8.14 M | |||
| Debt To Equity | 4.14 % | |||
| Current Ratio | 0.05 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (553.32 K) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 1.01 | |||
| Market Capitalization | 14.02 M | |||
| Total Asset | 11.23 M | |||
| Z Score | 0.6 | |||
| Net Asset | 11.23 M |
About Earthworks Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Earthworks Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Earthworks Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Earthworks Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Earthworks Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Earthworks Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Earthworks Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Earthworks Pink Sheet
| 0.54 | FNMFO | Federal National Mortgage | PairCorr |
| 0.46 | RSG | Republic Services Earnings Call This Week | PairCorr |
| 0.43 | CWST | Casella Waste Systems Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Earthworks Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Earthworks Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Earthworks Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Earthworks Industries to buy it.
The correlation of Earthworks Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Earthworks Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Earthworks Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Earthworks Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Earthworks Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Earthworks Pink Sheet analysis
When running Earthworks Industries' price analysis, check to measure Earthworks Industries' 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 Earthworks Industries is operating at the current time. Most of Earthworks Industries' value examination focuses on studying past and present price action to predict the probability of Earthworks Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Earthworks Industries' price. Additionally, you may evaluate how the addition of Earthworks Industries to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |