Surge Financial Statements From 2010 to 2024
| SPRS Stock | USD 2.23 0.01 0.45% |
Check Surge Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Surge Components' main balance sheet or income statement drivers, such as , as well as many indicators such as . Surge financial statements analysis is a perfect complement when working with Surge Components Valuation or Volatility modules.
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Surge Components Company Return On Equity Analysis
Surge Components' 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 Surge Components Return On Equity | 0.24 |
Most of Surge Components' 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, Surge Components 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, Surge Components has a Return On Equity of 0.2351. This is 101.95% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The return on equity for all United States stocks is 175.84% lower than that of the firm.
Surge Components Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Surge Components's current stock value. Our valuation model uses many indicators to compare Surge Components value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Surge Components competition to find correlations between indicators driving Surge Components's intrinsic value. More Info.Surge Components 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 reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Surge Components is roughly 1.87 . 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 Surge Components' earnings, one of the primary drivers of an investment's value.About Surge Components Financial Statements
Surge Components shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Surge Components investors may analyze each financial statement separately, they are all interrelated. The changes in Surge Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Surge Components' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. The company was incorporated in 1981 and is headquartered in Deer Park, New York. Surge Components operates under Electronics Computer Distribution classification in the United States and is traded on OTC Exchange. It employs 43 people.
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Additional Tools for Surge Pink Sheet Analysis
When running Surge Components' price analysis, check to measure Surge Components' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Surge Components is operating at the current time. Most of Surge Components' value examination focuses on studying past and present price action to predict the probability of Surge Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Components' price. Additionally, you may evaluate how the addition of Surge Components to your portfolios can decrease your overall portfolio volatility.