Fennec Pharmaceuticals Return On Equity vs. Return On Asset
| FENC Stock | USD 6.86 0.01 0.15% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 1.41311933 | Current Value 1.48 | Quarterly Volatility 13.32192699 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.89 | 0.9408 |
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For Fennec Pharmaceuticals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fennec Pharmaceuticals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fennec Pharmaceuticals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fennec Pharmaceuticals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fennec Pharmaceuticals over time as well as its relative position and ranking within its peers.
Fennec |
Is Biotechnology 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 Fennec Pharmaceuticals. If investors know Fennec 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 Fennec Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.04 | Revenue Per Share 1.684 | Quarterly Revenue Growth 14.132 | Return On Assets 0.0857 | Return On Equity (10.06) |
The market value of Fennec Pharmaceuticals is measured differently than its book value, which is the value of Fennec that is recorded on the company's balance sheet. Investors also form their own opinion of Fennec Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals' market value can be influenced by many factors that don't directly affect Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fennec Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fennec Pharmaceuticals' 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.
Fennec Pharmaceuticals Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fennec Pharmaceuticals's current stock value. Our valuation model uses many indicators to compare Fennec Pharmaceuticals value to that of its competitors to determine the firm's financial worth. Fennec Pharmaceuticals is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At present, Fennec Pharmaceuticals' Return On Equity is projected to increase significantly based on the last few years of reporting. 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 Fennec Pharmaceuticals' earnings, one of the primary drivers of an investment's value.Fennec 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.
Fennec Pharmaceuticals |
| = | -10.06 |
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.
Fennec Pharmaceuticals |
| = | 0.0857 |
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.
Fennec Return On Asset Comparison
Fennec Pharmaceuticals is currently under evaluation in return on asset category among its peers.
Fennec Pharmaceuticals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fennec Pharmaceuticals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fennec Pharmaceuticals will eventually generate negative long term returns. The profitability progress is the general direction of Fennec Pharmaceuticals' change in net profit over the period of time. It can combine multiple indicators of Fennec Pharmaceuticals, 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 | 1.2 M | 2.2 M | |
| Operating Income | -13 M | -13.7 M | |
| Net Loss | -20.2 M | -19.2 M | |
| Income Before Tax | -16.3 M | -15.5 M | |
| Total Other Income Expense Net | -3.3 M | -3.2 M | |
| Net Loss | -21.3 M | -20.3 M | |
| Net Loss | -16.3 M | -15.5 M | |
| Income Tax Expense | 1.00 | 0.95 | |
| Non Operating Income Net Other | -110.7 K | -105.2 K | |
| Interest Income | 479 K | 262.7 K | |
| Net Interest Income | -2.9 M | -2.7 M | |
| Change To Netincome | 5.1 M | 5.3 M | |
| Net Loss | (0.61) | (0.65) | |
| Income Quality | 1.07 | 0.59 | |
| Net Income Per E B T | 0.94 | 0.77 |
Fennec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fennec Pharmaceuticals. 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 Fennec Pharmaceuticals 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 Fennec Pharmaceuticals' important profitability drivers and their relationship over time.
Use Fennec Pharmaceuticals in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fennec Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fennec Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Fennec Pharmaceuticals Pair Trading
Fennec Pharmaceuticals Pair Trading Analysis
The ability to find closely correlated positions to Fennec Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fennec Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fennec Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fennec Pharmaceuticals to buy it.
The correlation of Fennec Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fennec Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fennec Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fennec Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Fennec Pharmaceuticals position
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Additional Information and Resources on Investing in Fennec Stock
When determining whether Fennec Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fennec Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fennec Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fennec Pharmaceuticals Stock:Check out Investing Opportunities. For information on how to trade Fennec Stock refer to our How to Trade Fennec Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
To fully project Fennec Pharmaceuticals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fennec Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fennec Pharmaceuticals' income statement, its balance sheet, and the statement of cash flows.