Innovex International, Return On Equity vs. Return On Asset
| INVX Stock | 13.97 0.16 1.16% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.00068538 | Current Value 0.000651 | Quarterly Volatility 0.09459102 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.41 | 0.2722 |
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For Innovex International, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovex International, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovex International, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovex International,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovex International, over time as well as its relative position and ranking within its peers.
Innovex |
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovex International,. If investors know Innovex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovex International, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.146 | Earnings Share 1.05 | Revenue Per Share | Quarterly Revenue Growth 0.092 | Return On Assets |
The market value of Innovex International, is measured differently than its book value, which is the value of Innovex that is recorded on the company's balance sheet. Investors also form their own opinion of Innovex International,'s value that differs from its market value or its book value, called intrinsic value, which is Innovex International,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovex International,'s market value can be influenced by many factors that don't directly affect Innovex International,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovex International,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovex International, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovex International,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Innovex International, Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovex International,'s current stock value. Our valuation model uses many indicators to compare Innovex International, value to that of its competitors to determine the firm's financial worth. Innovex International, is rated second overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Innovex International, is roughly 3.73 . At this time, Innovex International,'s Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Innovex International,'s earnings, one of the primary drivers of an investment's value.Innovex Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Innovex International, |
| = | 0.21 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Innovex International, |
| = | 0.0562 |
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.
Innovex Return On Asset Comparison
Innovex International, is currently under evaluation in return on asset category among its peers.
Innovex International, Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovex International,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovex International, will eventually generate negative long term returns. The profitability progress is the general direction of Innovex International,'s change in net profit over the period of time. It can combine multiple indicators of Innovex International,, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -170.1 M | -161.6 M | |
| Operating Income | 1.4 M | 1.3 M | |
| Income Before Tax | 13.5 M | 12.8 M | |
| Total Other Income Expense Net | 12.1 M | 12.7 M | |
| Net Income | 604 K | 573.8 K | |
| Income Tax Expense | 12.9 M | 20.5 M | |
| Net Interest Income | -3.6 M | -3.8 M | |
| Net Income From Continuing Ops | 72.8 M | 40.2 M | |
| Net Income Per Share | 0.02 | 0.02 | |
| Income Quality | 12.79 | 13.43 | |
| Net Income Per E B T | 0.04 | 0.04 |
Innovex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovex International,. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Innovex International, position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Innovex International,'s important profitability drivers and their relationship over time.