American Shared Financials

AMS Stock  USD 3.22  0.08  2.55%   
Based on the measurements of operating efficiency obtained from American Shared's historical financial statements, American Shared Hospital may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, American Shared's Cash And Short Term Investments are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 56 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 14.6 M in 2024. Key indicators impacting American Shared's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.730.6906
Notably Up
Slightly volatile
Current Ratio1.161.8978
Way Down
Slightly volatile
Investors should never underestimate American Shared's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor American Shared's cash flow, debt, and profitability to make informed and accurate decisions about investing in American Shared Hospital.

Cash And Equivalents

14.89 Million

  
Understanding current and past American Shared Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of American Shared's financial statements are interrelated, with each one affecting the others. For example, an increase in American Shared's assets may result in an increase in income on the income statement.

American Shared Earnings Geography

Please note, the imprecision that can be found in American Shared's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of American Shared Hospital. Check American Shared's Beneish M Score to see the likelihood of American Shared's management manipulating its earnings.

American Shared Stock Summary

American Shared competes with Ramsay Health, Medical Facilities, Fresenius, Concord Medical, and Sonida Senior. American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers. American Shared Hospital Services was founded in 1980 and is based in San Francisco, California. American Shared operates under Medical Care Facilities classification in the United States and is traded on AMEX Exchange. It employs 19 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS0295951059
CUSIP029595105
LocationCalifornia; U.S.A
Business Address601 Montgomery Street,
SectorHealth Care Providers & Services
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteashs.com
Phone415 788 5300
CurrencyUSD - US Dollar

American Shared Key Financial Ratios

American Shared Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets53.8M43.7M45.4M44.0M48.8M56.0M
Other Current Liab(284.3M)3.9M4.0M3.1M4.6M4.8M
Net Debt15.2M10.4M7.9M1.9M1.9M1.8M
Retained Earnings8.6M1.5M1.7M3.0M3.6M3.8M
Cash1.8M4.0M8.3M12.5M13.8M14.5M
Net Receivables7.1M4.6M4.8M4.1M4.8M4.1M
Other Current Assets1.9M2.3M2M2.1M1.8M2.0M
Total Liab22.0M20.0M21.2M22.3M22.6M29.3M
Total Current Assets10.7M10.9M15.1M18.7M20.5M10.6M
Short Term Debt6.0M7.4M1.5M1.6M4.6M7.6M
Accounts Payable557K683K318K230K315K299.3K
Other Assets4.7M1.0M30.3M87K100.1K95.0K
Long Term Debt2.0M3.4M14.3M12.2M11.0M12.4M
Net Tangible Assets27.1M21.7M24.2M21.6M24.9M24.4M
Long Term Debt Total10.1M3.4M14.3M12.2M11.0M15.4M
Capital Surpluse6.7M7.0M7.4M7.8M9.0M6.8M

American Shared Key Income Statement Accounts

The reason investors look at the income statement is to determine what American Shared's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.3M1.1M739K806K1.1M1.1M
Total Revenue20.6M17.8M17.6M19.7M21.3M19.3M
Gross Profit6.9M4.5M6.7M8.4M9.3M8.7M
Operating Income(4.5M)(132K)(2.8M)(1.5M)2.3M2.4M
Ebit(4.5M)(8.4M)1.7M3.3M2.3M2.4M
Ebitda2.9M(1.1M)7.0M8.4M7.5M4.7M
Cost Of Revenue13.7M13.4M10.9M11.4M12.1M10.6M
Income Before Tax1.6M(9.5M)947K2.5M696K898.1K
Net Income1.4M(7.7M)678K1.3M610K406.5K
Income Tax Expense128K(1.7M)269K963K431K364.8K
Minority Interest771K(658K)(484K)(227K)40K38K
Tax Provision128K(1.7M)269K963K426K447.3K
Interest Income220K16K10K87K374K392.7K
Net Interest Income(1.3M)(1.0M)(739K)(806K)(711K)(746.6K)

American Shared Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(13K)2.5M3.9M4.2M1.4M1.4M
Free Cash Flow7.1M9.3M4.6M6.8M(555K)(527.3K)
Depreciation7.4M7.0M5.0M4.8M5.2M4.9M
Other Non Cash Items361K8.5M990K450K607K637.4K
Capital Expenditures990K455K1.7M388K6.3M6.6M
Net Income1.4M(7.7M)678K1.6M610K640.5K
End Period Cash Flow1.8M4.3M8.3M12.5M13.8M14.5M
Change Receivables(860K)(420K)(1.2M)3.0M3.4M3.6M
Net Borrowings(6.6M)(6.2M)(2.3M)580K667K700.4K
Change To Netincome310K(185K)6.3M1.9M2.2M1.4M
Investments(990K)(2.4M)(1.7M)(388K)(6.2M)(5.9M)

American Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining American Shared's current stock value. Our valuation model uses many indicators to compare American Shared value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Shared competition to find correlations between indicators driving American Shared's intrinsic value. More Info.
American Shared Hospital is rated second in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.19  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for American Shared Hospital is roughly  5.36 . At this time, American Shared's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value American Shared 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.

American Shared Hospital Systematic Risk

American Shared's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American Shared volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on American Shared Hospital correlated with the market. If Beta is less than 0 American Shared generally moves in the opposite direction as compared to the market. If American Shared Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American Shared Hospital is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American Shared is generally in the same direction as the market. If Beta > 1 American Shared moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as American Shared is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of American has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if American Shared's financials are consistent with your investment objective using the following steps:
  • Review American Shared's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand American Shared's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare American Shared's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if American Shared's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

American Shared Thematic Clasifications

American Shared Hospital is part of Healthcare 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. USA Equities from Healthcare industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Healthcare industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in American Shared Stock are looking for potential investment opportunities by analyzing not only static indicators but also various American Shared's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of American Shared growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.48)

At this time, American Shared's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

American Shared November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of American Shared help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American Shared Hospital. We use our internally-developed statistical techniques to arrive at the intrinsic value of American Shared Hospital based on widely used predictive technical indicators. In general, we focus on analyzing American Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American Shared's daily price indicators and compare them against related drivers.

Additional Tools for American Stock Analysis

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