Scientific Financial Statements From 2010 to 2024

SCND Stock  USD 1.75  0.14  7.41%   
Scientific Industries financial statements provide useful quarterly and yearly information to potential Scientific Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Scientific Industries financial statements helps investors assess Scientific Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Scientific Industries' valuation are summarized below:
Scientific Industries does not presently have any fundamental trend indicators for analysis.
Check Scientific Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scientific main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Scientific financial statements analysis is a perfect complement when working with Scientific Industries Valuation or Volatility modules.
  
This module can also supplement various Scientific Industries Technical models . Check out the analysis of Scientific Industries Correlation against competitors.

Scientific Industries OTC Stock Return On Equity Analysis

Scientific Industries' 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Scientific Industries Return On Equity

    
  -0.23  
Most of Scientific Industries' fundamental indicators, such as Return On Equity, 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, Scientific Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, Scientific Industries has a Return On Equity of -0.227. This is 98.11% lower than that of the Health Care Equipment & Supplies sector and 132.43% lower than that of the Health Care industry. The return on equity for all United States stocks is 26.77% lower than that of the firm.

Scientific Industries Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Scientific Industries's current stock value. Our valuation model uses many indicators to compare Scientific Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Scientific Industries competition to find correlations between indicators driving Scientific Industries's intrinsic value. More Info.
Scientific Industries is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Scientific Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Scientific Industries' OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Scientific Industries' earnings, one of the primary drivers of an investment's value.

About Scientific Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Scientific Industries income statement, its balance sheet, and the statement of cash flows. Scientific Industries investors use historical funamental indicators, such as Scientific Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Scientific Industries investors may use each financial statement separately, they are all related. The changes in Scientific Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Scientific Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Scientific Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Scientific Industries. Please read more on our technical analysis and fundamental analysis pages.
Scientific Industries, Inc. engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems worldwide. Scientific Industries, Inc. was incorporated in 1954 and is headquartered in Bohemia, New York. Scientific Inds operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 72 people.

Also Currently Popular

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.
Check out the analysis of Scientific Industries Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Scientific OTC Stock analysis

When running Scientific Industries' price analysis, check to measure Scientific Industries' 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 Scientific Industries is operating at the current time. Most of Scientific Industries' value examination focuses on studying past and present price action to predict the probability of Scientific Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scientific Industries' price. Additionally, you may evaluate how the addition of Scientific Industries to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Scientific Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scientific Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scientific Industries' 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.