Devonian Health Group Stock Retained Earnings
| GSD Stock | CAD 0.25 0.01 4.17% |
Devonian Health Group fundamentals help investors to digest information that contributes to Devonian Health's financial success or failures. It also enables traders to predict the movement of Devonian Stock. The fundamental analysis module provides a way to measure Devonian Health'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 Devonian Health stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -24 M | -22.8 M |
Devonian | Retained Earnings |
Devonian Health Group Company Retained Earnings Analysis
Devonian Health's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Devonian Health Retained Earnings | (26.65 M) |
Most of Devonian Health's fundamental indicators, such as Retained Earnings, 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, Devonian Health Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Devonian Health Group has a Retained Earnings of (26.65 Million). This is 102.86% lower than that of the Biotechnology sector and 127.51% lower than that of the Health Care industry. The retained earnings for all Canada stocks is 100.29% higher than that of the company.
Devonian Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Devonian Health's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Devonian Health could also be used in its relative valuation, which is a method of valuing Devonian Health by comparing valuation metrics of similar companies.Devonian Health is currently under evaluation in retained earnings category among its peers.
Devonian Fundamentals
| Return On Equity | -0.0607 | ||||
| Return On Asset | -0.0129 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 25.39 M | ||||
| Shares Outstanding | 148.22 M | ||||
| Shares Owned By Insiders | 14.20 % | ||||
| Number Of Shares Shorted | 13.25 K | ||||
| Price To Book | 2.45 X | ||||
| Price To Sales | 1.65 X | ||||
| Revenue | 17.82 M | ||||
| Gross Profit | 7.18 M | ||||
| EBITDA | 77.83 K | ||||
| Net Income | (1.22 M) | ||||
| Cash And Equivalents | 413.87 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 2.08 M | ||||
| Debt To Equity | 43.00 % | ||||
| Current Ratio | 0.95 X | ||||
| Book Value Per Share | 0.1 X | ||||
| Cash Flow From Operations | 5.63 M | ||||
| Short Ratio | 0.17 X | ||||
| Beta | 1.43 | ||||
| Market Capitalization | 37.06 M | ||||
| Total Asset | 30.73 M | ||||
| Retained Earnings | (26.65 M) | ||||
| Working Capital | 2.31 M | ||||
| Net Asset | 30.73 M |
About Devonian Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Devonian Health Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Devonian Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Devonian Health Group 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.
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Additional Tools for Devonian Stock Analysis
When running Devonian Health's price analysis, check to measure Devonian Health'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 Devonian Health is operating at the current time. Most of Devonian Health's value examination focuses on studying past and present price action to predict the probability of Devonian Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devonian Health's price. Additionally, you may evaluate how the addition of Devonian Health to your portfolios can decrease your overall portfolio volatility.