Sugarmade Financial Statements From 2010 to 2024
| SGMD Stock | USD 0.0001 0.00 0.00% |
Check Sugarmade financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sugarmade's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sugarmade financial statements analysis is a perfect complement when working with Sugarmade Valuation or Volatility modules.
Sugarmade |
Sugarmade Company Return On Equity Analysis
Sugarmade'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 Sugarmade Return On Equity | -3.01 |
Most of Sugarmade'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, Sugarmade 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, Sugarmade has a Return On Equity of -3.0067. This is 430.41% lower than that of the Paper & Forest Products sector and 253.73% higher than that of the Materials industry. The return on equity for all United States stocks is notably higher than that of the company.
Sugarmade Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sugarmade's current stock value. Our valuation model uses many indicators to compare Sugarmade value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sugarmade competition to find correlations between indicators driving Sugarmade's intrinsic value. More Info.Sugarmade 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 Sugarmade's earnings, one of the primary drivers of an investment's value.About Sugarmade Financial Statements
Sugarmade stakeholders use historical fundamental indicators, such as Sugarmade's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sugarmade investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sugarmade's assets and liabilities are reflected in the revenues and expenses on Sugarmade'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 Sugarmade. Please read more on our technical analysis and fundamental analysis pages.
Sugarmade, Inc. engages in the paper and paper-based products business in the United States. It also offers its products through CarryOutSupplies.com website. Sugarmade operates under Paper Paper Products classification in the United States and is traded on OTC Exchange. It employs 7 people.
Also Currently Popular
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 Sugarmade Pink Sheet
Sugarmade financial ratios help investors to determine whether Sugarmade 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 Sugarmade with respect to the benefits of owning Sugarmade security.