Mg Credit Income Stock Return On Asset

MGCI Stock   96.00  0.90  0.93%   
MG Credit Income fundamentals help investors to digest information that contributes to MG Credit's financial success or failures. It also enables traders to predict the movement of MGCI Stock. The fundamental analysis module provides a way to measure MG Credit'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 MG Credit 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.

MG Credit Income Company Return On Asset Analysis

MG Credit'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 MG Credit Return On Asset

    
  0.0601  
Most of MG Credit'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, MG Credit Income 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

MGCI Net Tangible Assets

Net Tangible Assets

150.55 Million

At this time, MG Credit's Net Tangible Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, MG Credit Income has a Return On Asset of 0.0601. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The return on asset for all United Kingdom stocks is notably lower than that of the firm.

MGCI Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MG Credit'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 MG Credit could also be used in its relative valuation, which is a method of valuing MG Credit by comparing valuation metrics of similar companies.
MG Credit is currently under evaluation in return on asset category among its peers.

MGCI Fundamentals

About MG Credit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MG Credit Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MG Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MG Credit Income 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for MGCI Stock Analysis

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