Absolute Software Financials

Based on the measurements of operating efficiency obtained from Absolute Software's historical financial statements, Absolute Software is not in a good financial situation at the moment. It has a very high risk of going through financial straits in March.
  
Understanding current and past Absolute Software Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Absolute Software's financial statements are interrelated, with each one affecting the others. For example, an increase in Absolute Software's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Absolute Software's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Absolute Software. Check Absolute Software's Beneish M Score to see the likelihood of Absolute Software's management manipulating its earnings.

Absolute Software Stock Summary

Absolute Software competes with Commerce, and ACCESS Newswire. Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. Absolute Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA00386B1094
Business AddressFour Bentall Centre,
SectorTechnology
IndustrySoftware—Application
BenchmarkDow Jones Industrial
Websitewww.absolute.com
Phone604 730 9851
CurrencyUSD - US Dollar

Absolute Software Key Financial Ratios

Absolute Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Absolute Software's current stock value. Our valuation model uses many indicators to compare Absolute Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absolute Software competition to find correlations between indicators driving Absolute Software's intrinsic value. More Info.
Absolute Software is rated below average in return on equity category among its peers. It is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Absolute Software by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Absolute Software Thematic Clasifications

Absolute Software is part of Software investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
SoftwareView
This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in Absolute Stock

If you are still planning to invest in Absolute Software check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Software's history and understand the potential risks before investing.
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