22nd Century Group Stock Return On Asset

XXII Stock  USD 1.67  0.02  1.21%   
22nd Century Group fundamentals help investors to digest information that contributes to 22nd Century's financial success or failures. It also enables traders to predict the movement of 22nd Stock. The fundamental analysis module provides a way to measure 22nd Century's 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 22nd Century stock.
The current Return On Assets is estimated to decrease to -5.37.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

22nd Century Group Company Return On Asset Analysis

22nd Century'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 22nd Century Return On Asset

    
  -0.37  
Most of 22nd Century'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, 22nd Century Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

22nd Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for 22nd Century is extremely important. It helps to project a fair market value of 22nd Stock properly, considering its historical fundamentals such as Return On Asset. Since 22nd Century's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 22nd Century's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 22nd Century's interrelated accounts and indicators.
0.940.09-0.40.520.130.910.630.29-0.030.870.410.830.220.560.120.24-0.050.44-0.310.16-0.240.40.22
0.94-0.21-0.070.21-0.220.880.34-0.04-0.350.760.090.69-0.080.25-0.210.3-0.380.160.010.430.080.63-0.1
0.09-0.21-0.760.750.850.030.630.820.850.10.730.370.770.750.85-0.060.830.66-0.8-0.72-0.82-0.590.79
-0.4-0.07-0.76-0.91-0.93-0.29-0.94-0.94-0.81-0.5-0.96-0.58-0.8-0.98-0.930.02-0.87-0.890.930.740.940.53-0.89
0.520.210.75-0.910.870.410.910.890.790.60.910.650.780.940.8-0.170.760.76-0.81-0.54-0.79-0.390.88
0.13-0.220.85-0.930.870.020.80.950.930.280.930.350.850.870.96-0.190.950.78-0.89-0.79-0.9-0.680.94
0.910.880.03-0.290.410.020.550.13-0.030.660.260.91-0.030.440.060.23-0.080.3-0.130.08-0.120.30.03
0.630.340.63-0.940.910.80.550.810.660.640.920.760.660.960.79-0.010.70.84-0.8-0.56-0.8-0.290.76
0.29-0.040.82-0.940.890.950.130.810.860.430.940.430.930.920.93-0.10.890.83-0.95-0.69-0.92-0.60.98
-0.03-0.350.85-0.810.790.93-0.030.660.860.040.770.310.740.750.9-0.240.940.64-0.77-0.83-0.81-0.790.83
0.870.760.1-0.50.60.280.660.640.430.040.530.610.360.610.220.160.080.49-0.430.09-0.340.260.4
0.410.090.73-0.960.910.930.260.920.940.770.530.510.860.950.89-0.210.830.85-0.88-0.61-0.85-0.430.94
0.830.690.37-0.580.650.350.910.760.430.310.610.510.220.70.390.230.280.53-0.44-0.28-0.46-0.020.31
0.22-0.080.77-0.80.780.85-0.030.660.930.740.360.860.220.790.83-0.20.750.78-0.86-0.5-0.8-0.430.95
0.560.250.75-0.980.940.870.440.960.920.750.610.950.70.790.880.020.780.9-0.91-0.64-0.9-0.40.86
0.12-0.210.85-0.930.80.960.060.790.930.90.220.890.390.830.88-0.080.940.87-0.91-0.86-0.94-0.690.88
0.240.3-0.060.02-0.17-0.190.23-0.01-0.1-0.240.16-0.210.23-0.20.02-0.08-0.190.12-0.19-0.14-0.210.05-0.28
-0.05-0.380.83-0.870.760.95-0.080.70.890.940.080.830.280.750.780.94-0.190.68-0.83-0.9-0.88-0.830.86
0.440.160.66-0.890.760.780.30.840.830.640.490.850.530.780.90.870.120.68-0.88-0.62-0.86-0.330.75
-0.310.01-0.80.93-0.81-0.89-0.13-0.8-0.95-0.77-0.43-0.88-0.44-0.86-0.91-0.91-0.19-0.83-0.880.750.980.56-0.88
0.160.43-0.720.74-0.54-0.790.08-0.56-0.69-0.830.09-0.61-0.28-0.5-0.64-0.86-0.14-0.9-0.620.750.850.89-0.6
-0.240.08-0.820.94-0.79-0.9-0.12-0.8-0.92-0.81-0.34-0.85-0.46-0.8-0.9-0.94-0.21-0.88-0.860.980.850.65-0.84
0.40.63-0.590.53-0.39-0.680.3-0.29-0.6-0.790.26-0.43-0.02-0.43-0.4-0.690.05-0.83-0.330.560.890.65-0.54
0.22-0.10.79-0.890.880.940.030.760.980.830.40.940.310.950.860.88-0.280.860.75-0.88-0.6-0.84-0.54
Click cells to compare fundamentals
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

22nd Total Assets

Total Assets

35.51 Million

As of now, 22nd Century's Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, 22nd Century Group has a Return On Asset of -0.3729. This is 1343.0% lower than that of the Tobacco sector and 95.68% lower than that of the Consumer Staples industry. The return on asset for all United States stocks is 166.36% higher than that of the company.

22nd Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 22nd Century's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 22nd Century could also be used in its relative valuation, which is a method of valuing 22nd Century by comparing valuation metrics of similar companies.
22nd Century is currently under evaluation in return on asset category among related companies.

22nd Fundamentals

About 22nd Century Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 22nd Century Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 22nd Century using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 22nd Century Group 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 22nd Century in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 22nd Century's short interest history, or implied volatility extrapolated from 22nd Century options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:
Check out 22nd Century Piotroski F Score and 22nd Century Altman Z Score analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for 22nd Stock analysis

When running 22nd Century's price analysis, check to measure 22nd Century'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 22nd Century is operating at the current time. Most of 22nd Century's value examination focuses on studying past and present price action to predict the probability of 22nd Century's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 22nd Century's price. Additionally, you may evaluate how the addition of 22nd Century to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is 22nd Century'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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(49.92)
Revenue Per Share
16.834
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.37)
Return On Equity
(1.25)
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.