Codere Online Financials

CDRO Stock  USD 7.60  0.30  4.11%   
Based on the measurements of operating efficiency obtained from Codere Online's historical financial statements, Codere Online Corp is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Codere Online's Net Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Property Plant And Equipment Gross is likely to grow to about 1.4 M, while Total Assets are likely to drop about 60.2 M. Key indicators impacting Codere Online's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.111.44
Significantly Down
Slightly volatile
Investors should never underestimate Codere Online'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 Codere Online's cash flow, debt, and profitability to make informed and accurate decisions about investing in Codere Online Corp.

Net Income

(43.83 Million)

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

Codere Online Stock Summary

Codere Online competes with Accel Entertainment, PlayAGS, Gambling, Canterbury Park, and Light Wonder. Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. Codere Online is traded on NASDAQ Exchange in the United States.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINLU2405144788
CUSIP23318M100 L18268109
LocationLuxembourg
Business Address7, rue Robert
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.codereonline.com
Phone34 9 1354 2819
CurrencyUSD - US Dollar

Codere Online Key Financial Ratios

Codere Online Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets44.2M18.5M105.3M69.3M79.7M60.2M
Other Current Liab5.4M4.7M8.0M9.0M10.3M6.5M
Net Debt43.7M28.3M(91.9M)(48.9M)(44.0M)(41.8M)
Accounts Payable18.5M13.0M19.7M23.8M27.4M19.1M
Cash8.0M10.9M94.9M53.8M61.9M37.5M
Net Receivables29.5M835K3.3M4.2M3.8M3.6M
Other Current Assets231K254K739K677K778.6K596.0K
Total Liab75.6M58.5M37.1M44.8M40.3M43.4M
Net Invested Capital20.2M(799K)71.0M29.4M33.8M30.8M
Short Long Term Debt30.2M17.8M3.0M4.2M3.8M3.6M
Total Current Assets42.1M17.3M104.7M68.3M78.6M58.4M
Net Working Capital(12.0M)(19.7M)73.1M25.6M29.4M30.9M
Short Term Debt30.2M17.8M3.0M4.2M3.8M3.6M
Intangible Assets2.0M1.1M469K10K9K8.6K

Codere Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Codere Online's current stock value. Our valuation model uses many indicators to compare Codere Online value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Codere Online competition to find correlations between indicators driving Codere Online's intrinsic value. More Info.
Codere Online 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, Codere Online's Return On Equity is very 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 Codere Online's earnings, one of the primary drivers of an investment's value.

Codere Online Corp Systematic Risk

Codere Online's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Codere Online 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 Codere Online Corp correlated with the market. If Beta is less than 0 Codere Online generally moves in the opposite direction as compared to the market. If Codere Online Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Codere Online Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Codere Online is generally in the same direction as the market. If Beta > 1 Codere Online moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Codere Online Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Codere Online'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 Codere Online growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0246

At this time, Codere Online's Price Earnings To Growth Ratio is very stable compared to the past year.

Codere Online November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Codere Online help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Codere Online Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Codere Online Corp based on widely used predictive technical indicators. In general, we focus on analyzing Codere Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Codere Online's daily price indicators and compare them against related drivers.
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's 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 Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Hotels, Restaurants & Leisure 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 Codere Online. If investors know Codere 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 Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
3.083
Quarterly Revenue Growth
0.456
Return On Assets
(0.32)
Return On Equity
(0.82)
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's 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 Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's 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 Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's 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.