Redishred Capital Return On Asset vs. Return On Equity

KUT Stock  CAD 4.86  0.01  0.21%   
Taking into consideration Redishred Capital's profitability measurements, Redishred Capital's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Redishred Capital's ability to earn profits and add value for shareholders. At this time, Redishred Capital's Days Sales Outstanding is fairly stable compared to the past year. EV To Sales is likely to climb to 1.65 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2024. At this time, Redishred Capital's Operating Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 1 M in 2024, despite the fact that Net Loss is likely to grow to (502.6 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.530.3839
Significantly Up
Slightly volatile
For Redishred Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Redishred Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Redishred Capital Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Redishred Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Redishred Capital Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Redishred Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redishred Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redishred Capital'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.

Redishred Capital Corp Return On Equity vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Redishred Capital's current stock value. Our valuation model uses many indicators to compare Redishred Capital value to that of its competitors to determine the firm's financial worth.
Redishred Capital Corp is currently regarded as number one stock in return on asset category among its peers. It also is currently regarded as number one stock in return on equity category among its peers reporting about  2.26  of Return On Equity per Return On Asset. At this time, Redishred Capital'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 Redishred Capital's earnings, one of the primary drivers of an investment's value.

Redishred Return On Equity vs. Return On Asset

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.

Redishred Capital

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0225
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.
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.

Redishred Capital

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0509
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.

Redishred Return On Equity Comparison

Redishred Capital is currently under evaluation in return on equity category among its peers.

Redishred Capital Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Redishred Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Redishred Capital will eventually generate negative long term returns. The profitability progress is the general direction of Redishred Capital's change in net profit over the period of time. It can combine multiple indicators of Redishred Capital, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-612 K-581.4 K
Operating Income4.4 M4.6 M
Net Loss-529 K-502.6 K
Income Tax Expense981 KM
Income Before Tax452 K314.6 K
Total Other Income Expense Net-3.9 M-3.7 M
Net Loss-529 K-502.6 K
Net Income Applicable To Common Shares6.8 M7.1 M
Net Interest Income-2.5 M-2.4 M
Interest Income14 K13.3 K
Change To Netincome-1.9 M-1.8 M
Net Loss(0.03)(0.03)
Income Quality(24.16)(22.96)
Net Loss(1.17)(1.11)

Redishred Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Redishred Capital. 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 Redishred Capital 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 Redishred Capital's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Redishred Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Redishred Capital position

In addition to having Redishred Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 222 constituents at this time.
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Additional Tools for Redishred Stock Analysis

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