Red Financial Statements From 2010 to 2024
| TRUFF Stock | USD 0.03 0 8.11% |
Check Red Light financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Light's main balance sheet or income statement drivers, such as , as well as many indicators such as . Red financial statements analysis is a perfect complement when working with Red Light Valuation or Volatility modules.
Red |
Red Light Holland OTC Stock Return On Equity Analysis
Red Light'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 Red Light Return On Equity | -0.36 |
Most of Red Light'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, Red Light Holland 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, Red Light Holland has a Return On Equity of -0.3646. This is 98.48% 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 17.61% higher than that of the company.
Red Light Holland Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Light's current stock value. Our valuation model uses many indicators to compare Red Light value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Light competition to find correlations between indicators driving Red Light's intrinsic value. More Info.Red Light Holland is rated second in return on equity category among its peers. It is rated third 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 Red Light's earnings, one of the primary drivers of an investment's value.About Red Light Financial Statements
Red Light stakeholders use historical fundamental indicators, such as Red Light's revenue or net income, to determine how well the company is positioned to perform in the future. Although Red Light investors may analyze each financial statement separately, they are all interrelated. For example, changes in Red Light's assets and liabilities are reflected in the revenues and expenses on Red Light'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 Red Light Holland. Please read more on our technical analysis and fundamental analysis pages.
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the recreational market in the Netherlands. The company sells its products under the iMicrodose and Maka brand name through 74 brick-and-mortar SmartShops, as well as through iMicrodose.nl and various other online stores across the Netherlands. Red Light operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Other Information on Investing in Red OTC Stock
Red Light financial ratios help investors to determine whether Red OTC 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 Red with respect to the benefits of owning Red Light security.