Kits Financial Statements From 2010 to 2025
| KITS Stock | CAD 10.19 0.80 8.52% |
Check Kits Eyecare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kits Eyecare's main balance sheet or income statement drivers, such as , as well as many indicators such as . Kits financial statements analysis is a perfect complement when working with Kits Eyecare Valuation or Volatility modules.
Kits |
Kits Eyecare Company Return On Asset Analysis
Kits Eyecare'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.
Current Kits Eyecare Return On Asset | 0.0181 |
Most of Kits Eyecare'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, Kits Eyecare 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.
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Based on the latest financial disclosure, Kits Eyecare has a Return On Asset of 0.0181. This is 98.34% lower than that of the Specialty Retail sector and 99.25% lower than that of the Consumer Discretionary industry. The return on asset for all Canada stocks is 112.93% lower than that of the firm.
Kits Eyecare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kits Eyecare's current stock value. Our valuation model uses many indicators to compare Kits Eyecare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kits Eyecare competition to find correlations between indicators driving Kits Eyecare's intrinsic value. More Info.Kits Eyecare is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kits Eyecare is roughly 3.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kits Eyecare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kits Eyecare's 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.About Kits Eyecare Financial Statements
Kits Eyecare investors utilize fundamental indicators, such as revenue or net income, to predict how Kits Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Kits Eyecare Ltd. operates a digital eyecare platform for eyes in the United States and Canada. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. KITS EYECARE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 95 people.
Other Information on Investing in Kits Stock
Kits Eyecare financial ratios help investors to determine whether Kits Stock 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 Kits with respect to the benefits of owning Kits Eyecare security.