Norwegian Financial Statements From 2010 to 2024
| NWARF Stock | USD 1.30 0.04 2.99% |
Check Norwegian Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norwegian main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Norwegian financial statements analysis is a perfect complement when working with Norwegian Air Valuation or Volatility modules.
Norwegian |
Norwegian Air Shuttle Company Return On Equity Analysis
Norwegian Air'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 Norwegian Air Return On Equity | 0.33 |
Most of Norwegian Air'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, Norwegian Air Shuttle 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, Norwegian Air Shuttle has a Return On Equity of 0.3348. This is 23.91% lower than that of the Industrials sector and 97.45% lower than that of the Airlines industry. The return on equity for all United States stocks is notably lower than that of the firm.
Norwegian Air Shuttle Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norwegian Air's current stock value. Our valuation model uses many indicators to compare Norwegian Air value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norwegian Air competition to find correlations between indicators driving Norwegian Air's intrinsic value. More Info.Norwegian Air Shuttle is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Norwegian Air by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Norwegian Air's Pink Sheet. 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 Norwegian Air's earnings, one of the primary drivers of an investment's value.About Norwegian Air Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Norwegian Air income statement, its balance sheet, and the statement of cash flows. Norwegian Air investors use historical funamental indicators, such as Norwegian Air's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norwegian Air investors may use each financial statement separately, they are all related. The changes in Norwegian Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Norwegian Air'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 Norwegian Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Norwegian Air. Please read more on our technical analysis and fundamental analysis pages.
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. Norwegian Air is traded on OTC Exchange in the United States.
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Complementary Tools for Norwegian Pink Sheet analysis
When running Norwegian Air's price analysis, check to measure Norwegian Air'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 Norwegian Air is operating at the current time. Most of Norwegian Air's value examination focuses on studying past and present price action to predict the probability of Norwegian Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwegian Air's price. Additionally, you may evaluate how the addition of Norwegian Air to your portfolios can decrease your overall portfolio volatility.
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