Shelf Financial Statements From 2010 to 2025
| SHLF Stock | 8.15 0.26 3.30% |
Check Shelf Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shelf Drilling's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shelf financial statements analysis is a perfect complement when working with Shelf Drilling Valuation or Volatility modules.
Shelf |
Shelf Drilling Company Return On Equity Analysis
Shelf Drilling'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 Shelf Drilling Return On Equity | -0.19 |
Most of Shelf Drilling'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, Shelf Drilling 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, Shelf Drilling has a Return On Equity of -0.1914. This is 90.33% lower than that of the Energy sector and 96.25% lower than that of the Oil & Gas Drilling industry. The return on equity for all Norway stocks is 38.26% lower than that of the firm.
Shelf Drilling Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shelf Drilling's current stock value. Our valuation model uses many indicators to compare Shelf Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shelf Drilling competition to find correlations between indicators driving Shelf Drilling's intrinsic value. More Info.Shelf Drilling 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 Shelf Drilling's earnings, one of the primary drivers of an investment's value.About Shelf Drilling Financial Statements
Shelf Drilling investors utilize fundamental indicators, such as revenue or net income, to predict how Shelf 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.
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Shelf Drilling financial ratios help investors to determine whether Shelf 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 Shelf with respect to the benefits of owning Shelf Drilling security.