Sphere 3D Financials
| ANY Stock | USD 0.87 0 0.34% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.76 | 2.91 |
|
|
Investors should never underestimate Sphere 3D'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 Sphere 3D's cash flow, debt, and profitability to make informed and accurate decisions about investing in Sphere 3D Corp.
Net Income |
|
Sphere | Select Account or Indicator |
Understanding current and past Sphere 3D Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sphere 3D's financial statements are interrelated, with each one affecting the others. For example, an increase in Sphere 3D's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sphere 3D's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sphere 3D Corp. Check Sphere 3D's Beneish M Score to see the likelihood of Sphere 3D's management manipulating its earnings.
Sphere 3D Stock Summary
Sphere 3D competes with Society Pass, Marin Software, EzFill Holdings, Trust Stamp, and Infobird. Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery HVE 3DGFX, a virtual desktop infrastructure solution HVE STAGE, a server virtualization platform and HVE VAULT, an appliance designed to handle requirements for backup and replication storage. Sphere 3D operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 25 people.Specialization | Information Technology, Software & Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | CA84841L3083 |
| CUSIP | 84841L308 84841L100 84841L407 84841L209 84841Q109 |
| Location | Ontario; Canada |
| Business Address | 243 Tresser Boulevard, |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | sphere3d.com |
| Phone | (647) 952 5049 |
| Currency | USD - US Dollar |
Sphere 3D Key Financial Ratios
| Return On Equity | -0.35 | ||||
| Profit Margin | (0.70) % | ||||
| Operating Margin | (0.89) % | ||||
| Price To Sales | 0.89 X | ||||
| Revenue | 21.91 M |
Sphere 3D Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 11.8M | 275.9M | 83.0M | 45.7M | 52.5M | 62.8M | |
| Other Current Liab | 1.3M | 3.7M | 3.0M | 3.0M | 3.4M | 4.1M | |
| Net Debt | 2.0M | (54.4M) | (1.3M) | (586K) | (527.4K) | (501.0K) | |
| Retained Earnings | (197.4M) | (215.2M) | (419.7M) | (447.4M) | (402.6M) | (382.5M) | |
| Cash | 461K | 54.4M | 1.3M | 586K | 673.9K | 640.2K | |
| Other Current Assets | 807K | 22.0M | 5.0M | 12.9M | 14.9M | 15.6M | |
| Total Liab | 6.8M | 6.3M | 48.5M | 5.3M | 6.1M | 5.8M | |
| Total Current Assets | 2.1M | 78.4M | 10.3M | 13.5M | 15.5M | 16.8M | |
| Other Liab | 683K | 520K | 347K | 1.1M | 981K | 1.4M | |
| Net Tangible Assets | (10.3M) | (9.3M) | (10.8M) | 164.3M | 188.9M | 198.3M | |
| Accounts Payable | 2.0M | 1.3M | 3.0M | 2.4M | 2.1M | 3.9M | |
| Other Assets | 950K | 677K | 3.7M | 114.5M | 131.7M | 138.3M | |
| Net Receivables | 1.1M | 369K | 264K | 2.0M | 4.0M | 0.0 | |
| Inventory | 753K | 558K | 22.0M | (5.3M) | (6.1M) | (5.8M) | |
| Short Term Debt | 600K | 491K | 1.8M | 3.4M | 3.1M | 2.9M | |
| Intangible Assets | 2.6M | 63.0M | 9.5M | 4.6M | 4.1M | 3.9M | |
| Common Stock | 192.4M | 444.3M | 456.4M | 475.7M | 547.1M | 574.4M |
Sphere 3D Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 728K | 516K | 117.8M | 1.2M | 1.4M | 1.3M | |
| Operating Income | (5.7M) | (18.9M) | (67.4M) | (30.0M) | (27.0M) | (28.3M) | |
| Ebit | (5.0M) | (16.8M) | (192.7M) | (22.1M) | (19.9M) | (20.9M) | |
| Ebitda | (4.1M) | (11.1M) | (164.5M) | (15.9M) | (14.3M) | (15.1M) | |
| Income Before Tax | (5.8M) | (17.3M) | (192.7M) | (23.3M) | (21.0M) | (22.0M) | |
| Net Income | (5.8M) | (17.3M) | (192.9M) | (23.4M) | (21.1M) | (22.1M) | |
| Income Tax Expense | 4K | (15K) | 166K | 13K | 15.0K | 14.2K | |
| Total Revenue | 4.8M | 3.7M | 6.1M | 21.9M | 25.2M | 23.5M | |
| Gross Profit | 2.2M | 1.7M | 2.7M | 6.0M | 6.9M | 7.2M | |
| Research Development | 1.2M | 971K | 605K | 1.0M | 923.4K | 877.2K | |
| Cost Of Revenue | 2.6M | 2.0M | 3.4M | 15.9M | 14.3M | 14.0M | |
| Interest Income | 918K | 2.9M | 2.6M | 3.4M | 3.0M | 1.8M | |
| Net Interest Income | (728K) | 2.4M | 2.6M | 2.2M | 2.5M | 2.7M |
Sphere 3D Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Sphere 3D Corp. It measures of how well Sphere is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Sphere 3D brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Sphere had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Sphere 3D has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 312K | 53.9M | (52.8M) | (957K) | (861.3K) | (818.2K) | |
| Free Cash Flow | (2.6M) | (130.8M) | (48.7M) | (8.1M) | (7.3M) | (7.7M) | |
| Other Non Cash Items | (329K) | 1.1M | 143.2M | 7.1M | 8.2M | 15.2M | |
| Net Income | (5.8M) | (17.3M) | (192.9M) | (23.4M) | (21.1M) | (22.1M) | |
| End Period Cash Flow | 461K | 54.4M | 1.5M | 586K | 673.9K | 640.2K | |
| Change To Inventory | 645K | 477K | 195K | 57K | 65.6K | 62.3K | |
| Investments | (2M) | (122.7M) | (22.0M) | 2.3M | 2.1M | 2.2M | |
| Net Borrowings | 408K | 914K | 1.5M | (1.1M) | (952.2K) | (904.6K) | |
| Depreciation | 971K | 5.7M | 28.3M | 6.2M | 7.1M | 6.4M | |
| Change To Netincome | 6.6M | 1.2M | (530K) | (1.6M) | (1.5M) | (1.4M) |
Sphere Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sphere 3D's current stock value. Our valuation model uses many indicators to compare Sphere 3D value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sphere 3D competition to find correlations between indicators driving Sphere 3D's intrinsic value. More Info.Sphere 3D Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Sphere 3D's Return On Equity is fairly stable compared to the past year. 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 Sphere 3D's earnings, one of the primary drivers of an investment's value.Sphere 3D Corp Systematic Risk
Sphere 3D's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sphere 3D 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Sphere 3D Corp correlated with the market. If Beta is less than 0 Sphere 3D generally moves in the opposite direction as compared to the market. If Sphere 3D Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sphere 3D Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sphere 3D is generally in the same direction as the market. If Beta > 1 Sphere 3D moves generally in the same direction as, but more than the movement of the benchmark.
Sphere 3D Thematic Clasifications
Sphere 3D Corp is part of several thematic ideas from Software to IT. 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. Get More Thematic IdeasToday, most investors in Sphere 3D Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sphere 3D'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 Sphere 3D growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
Sphere 3D February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sphere 3D help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sphere 3D Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sphere 3D Corp based on widely used predictive technical indicators. In general, we focus on analyzing Sphere Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sphere 3D's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 42.0 | |||
| Value At Risk | (8.05) | |||
| Potential Upside | 10.22 |
Additional Tools for Sphere Stock Analysis
When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.