Rcm Technologies Inc Stock
Your prediction
Rcm Technologies Inc Stock
Pros and Cons of Rcm Technologies Inc in the next few years
Pros
Cons
Performance of Rcm Technologies Inc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Rcm Technologies Inc | - | - | - | - | - | - | - |
| Larsen & Toubro Ltd GDR | 0.500% | -1.463% | -3.810% | 51.880% | 5.759% | 169.333% | - |
| SNC -Lavalin Group Inc. | -2.720% | -5.789% | -4.787% | 72.115% | 23.448% | 91.444% | - |
| Alumasc Group plc | - | 2.538% | 3.061% | 13.483% | 2.020% | -16.529% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.RCM Tech, a company belonging to the Construction & Engineering industry, showcases interesting financial patterns that warrant further scrutiny. At first glance, the company's financial health appears to be improving over the years, with increasing total assets, net income, and stockholders' equity. However, upon a more in-depth analysis, RCM Tech's financials reveal several pros and cons.
Increasing Total Assets: Over the last three years, RCM Tech has experienced a consistent increase in its total assets. The growth from $68.3 million in 2020 to $72.9 million in 2021, and $87.9 million in 2022 indicates steady progress in the company’s asset base.
Rising Net Income: The company has managed to turn its net income around from a loss of $8.9 million in 2020 to a profit of $10.9 million in 2021, and $20.9 million in 2022. This sharp turnaround in profitability is a positive sign for the health of the business.
