Medicale Corp Stock Return On Asset

MCLE Stock  USD 0.14  0.02  16.67%   
Fundamental analysis of Medicale Corp allows traders to better anticipate movements in Medicale Corp's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Medicale Corp Company Return On Asset Analysis

Medicale Corp'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 Medicale Corp Return On Asset

    
  -2.05  
Most of Medicale Corp'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, Medicale Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Medicale Corp has a Return On Asset of -2.0522. This is 6940.67% lower than that of the Consumer Defensive sector and 142.58% lower than that of the Food Distribution industry. The return on asset for all United States stocks is notably higher than that of the company.

Medicale Return On Asset Peer Comparison

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

Medicale Fundamentals

About Medicale Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Medicale Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medicale Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medicale Corp 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.

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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.

Other Information on Investing in Medicale Pink Sheet

Medicale Corp financial ratios help investors to determine whether Medicale Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Medicale with respect to the benefits of owning Medicale Corp security.