Reliq Financial Statements From 2010 to 2024
| RQHTF Stock | USD 0.0001 0 90.91% |
Check Reliq Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliq Health's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reliq financial statements analysis is a perfect complement when working with Reliq Health Valuation or Volatility modules.
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Reliq Health Technologies Company Return On Equity Analysis
Reliq Health'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 Reliq Health Return On Equity | -0.65 |
Most of Reliq Health'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, Reliq Health Technologies 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, Reliq Health Technologies has a Return On Equity of -0.6486. This is 97.29% lower than that of the Healthcare sector and significantly lower than that of the Health Information Services industry. The return on equity for all United States stocks is 109.23% higher than that of the company.
Reliq Health Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliq Health's current stock value. Our valuation model uses many indicators to compare Reliq Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliq Health competition to find correlations between indicators driving Reliq Health's intrinsic value. More Info.Reliq Health Technologies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock 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 Reliq Health's earnings, one of the primary drivers of an investment's value.About Reliq Health Financial Statements
Reliq Health stakeholders use historical fundamental indicators, such as Reliq Health's revenue or net income, to determine how well the company is positioned to perform in the future. Although Reliq Health investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reliq Health's assets and liabilities are reflected in the revenues and expenses on Reliq Health'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 Reliq Health Technologies. Please read more on our technical analysis and fundamental analysis pages.
Reliq Health Technologies Inc., a telemedicine company, develops virtual care solutions for the healthcare market. Reliq Health Technologies Inc. was incorporated in 2005 is headquartered in Hamilton, Canada. Reliq Health is traded on OTC Exchange in the United States.
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Other Information on Investing in Reliq Pink Sheet
Reliq Health financial ratios help investors to determine whether Reliq 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 Reliq with respect to the benefits of owning Reliq Health security.