Ovation Financial Statements From 2010 to 2025
| OVATF Stock | USD 0.04 0.00 0.00% |
Check Ovation Science financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovation Science's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ovation financial statements analysis is a perfect complement when working with Ovation Science Valuation or Volatility modules.
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Ovation Science Company Return On Equity Analysis
Ovation Science'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 Ovation Science Return On Equity | -1.88 |
Most of Ovation Science'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, Ovation Science 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.
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Based on the latest financial disclosure, Ovation Science has a Return On Equity of -1.884. This is 92.14% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The return on equity for all United States stocks is notably higher than that of the company.
Ovation Science Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ovation Science's current stock value. Our valuation model uses many indicators to compare Ovation Science value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ovation Science competition to find correlations between indicators driving Ovation Science's intrinsic value. More Info.Ovation Science is considered to be number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Ovation Science's earnings, one of the primary drivers of an investment's value.About Ovation Science Financial Statements
Ovation Science stakeholders use historical fundamental indicators, such as Ovation Science's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ovation Science investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ovation Science's assets and liabilities are reflected in the revenues and expenses on Ovation Science's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ovation Science. Please read more on our technical analysis and fundamental analysis pages.
Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.
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Other Information on Investing in Ovation Pink Sheet
Ovation Science financial ratios help investors to determine whether Ovation 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 Ovation with respect to the benefits of owning Ovation Science security.