Grnges Ab Stock Return On Asset

GRNG Stock  SEK 133.10  1.50  1.14%   
Grnges AB fundamentals help investors to digest information that contributes to Grnges AB's financial success or failures. It also enables traders to predict the movement of Grnges Stock. The fundamental analysis module provides a way to measure Grnges AB's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Grnges AB stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Grnges AB Company Return On Asset Analysis

Grnges AB's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Grnges AB Return On Asset

    
  0.0432  
Most of Grnges AB's fundamental indicators, such as Return On Asset, 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, Grnges AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Grnges AB has a Return On Asset of 0.0432. This is 94.16% lower than that of the Basic Materials sector and 98.71% lower than that of the Aluminum industry. The return on asset for all Sweden stocks is 130.86% lower than that of the firm.

Grnges Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grnges AB's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Grnges AB could also be used in its relative valuation, which is a method of valuing Grnges AB by comparing valuation metrics of similar companies.
Grnges AB is currently under evaluation in return on asset category among its peers.

Grnges Fundamentals

About Grnges AB Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Grnges AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grnges AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grnges AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Grnges Stock Analysis

When running Grnges AB's price analysis, check to measure Grnges AB's 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 Grnges AB is operating at the current time. Most of Grnges AB's value examination focuses on studying past and present price action to predict the probability of Grnges AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grnges AB's price. Additionally, you may evaluate how the addition of Grnges AB to your portfolios can decrease your overall portfolio volatility.