Based on the key indicators related to NovaBay Pharmaceuticals' liquidity, profitability, solvency, and operating efficiency, NovaBay Pharmaceuticals is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At this time, NovaBay Pharmaceuticals' Current Deferred Revenue is fairly stable compared to the past year. Short and Long Term Debt Total is likely to rise to about 3.3 M in 2025, whereas Other Assets are likely to drop slightly above 461.6 K in 2025. Key indicators impacting NovaBay Pharmaceuticals' financial strength include:
The essential information of the day-to-day investment outlook for NovaBay Pharmaceuticals includes many different criteria found on its balance sheet. An individual investor should monitor NovaBay Pharmaceuticals' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NovaBay Pharmaceuticals.
Please note, the imprecision that can be found in NovaBay Pharmaceuticals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NovaBay Pharmaceuticals. Check NovaBay Pharmaceuticals' Beneish M Score to see the likelihood of NovaBay Pharmaceuticals' management manipulating its earnings.
NovaBay Pharmaceuticals Stock Summary
NovaBay Pharmaceuticals competes with Immix Biopharma, Sonnet Biotherapeutics, ZyVersa Therapeutics, Zura Bio, and Enveric Biosciences. NovaBay Pharmaceuticals, Inc., a pharmaceutical company, develops and sells eyecare and skincare products in the United States and internationally. NovaBay Pharmaceuticals, Inc. was incorporated in 2000 and is headquartered in Emeryville, California. Novabay Pharmaceuticals operates under Biotechnology classification in the United States and is traded on AMEX Exchange. It employs 29 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
NovaBay Pharmaceuticals 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.
Cash flow analysis captures how much money flows into and out of NovaBay Pharmaceuticals. It measures of how well NovaBay 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 NovaBay Pharmaceuticals 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 NovaBay 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 NovaBay Pharmaceuticals 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.
Comparative valuation techniques use various fundamental indicators to help in determining NovaBay Pharmaceuticals's current stock value. Our valuation model uses many indicators to compare NovaBay Pharmaceuticals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NovaBay Pharmaceuticals competition to find correlations between indicators driving NovaBay Pharmaceuticals's intrinsic value. More Info.
NovaBay Pharmaceuticals is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals' earnings, one of the primary drivers of an investment's value.
NovaBay Pharmaceuticals Systematic Risk
NovaBay Pharmaceuticals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NovaBay Pharmaceuticals 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on NovaBay Pharmaceuticals correlated with the market. If Beta is less than 0 NovaBay Pharmaceuticals generally moves in the opposite direction as compared to the market. If NovaBay Pharmaceuticals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NovaBay Pharmaceuticals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NovaBay Pharmaceuticals is generally in the same direction as the market. If Beta > 1 NovaBay Pharmaceuticals moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in NovaBay Pharmaceuticals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals growth as a starting point in their analysis.
NovaBay Pharmaceuticals February 6, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NovaBay Pharmaceuticals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NovaBay Pharmaceuticals. We use our internally-developed statistical techniques to arrive at the intrinsic value of NovaBay Pharmaceuticals based on widely used predictive technical indicators. In general, we focus on analyzing NovaBay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NovaBay Pharmaceuticals's daily price indicators and compare them against related drivers.
When running NovaBay Pharmaceuticals' price analysis, check to measure NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals is operating at the current time. Most of NovaBay Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of NovaBay Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaBay Pharmaceuticals' price. Additionally, you may evaluate how the addition of NovaBay Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.