Toughbuilt Industries Stock Return On Asset

Toughbuilt Industries fundamentals help investors to digest information that contributes to Toughbuilt Industries' financial success or failures. It also enables traders to predict the movement of Toughbuilt Stock. The fundamental analysis module provides a way to measure Toughbuilt Industries' 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 Toughbuilt Industries 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.

Toughbuilt Industries Company Return On Asset Analysis

Toughbuilt Industries' 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 Toughbuilt Industries Return On Asset

    
  -0.42  
Most of Toughbuilt Industries' 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, Toughbuilt Industries 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, Toughbuilt Industries has a Return On Asset of -0.4181. This is 18.02% lower than that of the Textiles, Apparel & Luxury Goods sector and 110.37% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 198.64% higher than that of the company.

Toughbuilt Return On Asset Peer Comparison

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

Toughbuilt Fundamentals

Thematic Opportunities

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Other Consideration for investing in Toughbuilt Stock

If you are still planning to invest in Toughbuilt Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Toughbuilt Industries' history and understand the potential risks before investing.
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