Performant Healthcare, Stock Return On Asset

PHLT Stock   2.38  0.03  1.24%   
Performant Healthcare, fundamentals help investors to digest information that contributes to Performant Healthcare,'s financial success or failures. It also enables traders to predict the movement of Performant Stock. The fundamental analysis module provides a way to measure Performant Healthcare,'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 Performant Healthcare, 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.

Performant Healthcare, Company Return On Asset Analysis

Performant Healthcare,'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

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Performant Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Performant Healthcare, is extremely important. It helps to project a fair market value of Performant Stock properly, considering its historical fundamentals such as Return On Asset. Since Performant Healthcare,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Performant Healthcare,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Performant Healthcare,'s interrelated accounts and indicators.
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

Performant Total Assets

Total Assets

93.22 Million

At this time, Performant Healthcare,'s Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Performant Healthcare, has a Return On Asset of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Business Services (which currently averages 0.0) industry. The return on asset for all United States stocks is 100.0% lower than that of the firm.

Performant Return On Asset Peer Comparison

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

Performant Fundamentals

About Performant Healthcare, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Performant Healthcare,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Performant Healthcare, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Performant Healthcare, 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.
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Additional Tools for Performant Stock Analysis

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