Music Broadcast Limited Stock Return On Asset

RADIOCITY   9.75  0.07  0.71%   
Music Broadcast Limited fundamentals help investors to digest information that contributes to Music Broadcast's financial success or failures. It also enables traders to predict the movement of Music Stock. The fundamental analysis module provides a way to measure Music Broadcast'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 Music Broadcast 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.

Music Broadcast Limited Company Return On Asset Analysis

Music Broadcast'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 Music Broadcast Return On Asset

    
  -0.0019  
Most of Music Broadcast'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, Music Broadcast Limited 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

Music Total Assets

Total Assets

5.87 Billion

As of now, Music Broadcast's Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, Music Broadcast Limited has a Return On Asset of -0.0019. This is 100.05% lower than that of the Media sector and significantly lower than that of the Communication Services industry. The return on asset for all India stocks is 98.64% lower than that of the firm.

Music Return On Asset Peer Comparison

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

Music Fundamentals

About Music Broadcast Fundamental Analysis

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

Other Information on Investing in Music Stock

Music Broadcast financial ratios help investors to determine whether Music 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 Music with respect to the benefits of owning Music Broadcast security.