Society Pass Financials

SOPA Stock  USD 0.94  0.01  1.08%   
Based on the key indicators related to Society Pass' liquidity, profitability, solvency, and operating efficiency, Society Pass 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 present, Society Pass' Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 110.1 M, whereas Total Current Liabilities is forecasted to decline to about 5.5 M. Key indicators impacting Society Pass' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00220.004
Way Down
Slightly volatile
Current Ratio0.730.7723
Notably Down
Very volatile
The essential information of the day-to-day investment outlook for Society Pass includes many different criteria found on its balance sheet. An individual investor should monitor Society Pass' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Society Pass.

Net Income

(19.04 Million)

  
Understanding current and past Society Pass Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Society Pass' financial statements are interrelated, with each one affecting the others. For example, an increase in Society Pass' assets may result in an increase in income on the income statement.
Please note, the presentation of Society Pass' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Society Pass' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Society Pass' management manipulating its earnings.

Society Pass Stock Summary

Society Pass competes with Paltalk, Sphere 3D, Marin Software, EzFill Holdings, and Freight Technologies. Society Pass Incorporated engages in the acquisition and operation of e-commerce platforms for consumers and merchants in Southeast Asia. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore. Society Pass is traded on NASDAQ Exchange in the United States.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS83370P1021
CUSIP83370P102 83370P201
LocationCalifornia; U.S.A
Business AddressGrace Global Raffles,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitethesocietypass.com
Phone65 6518 9385
CurrencyUSD - US Dollar

Society Pass Key Financial Ratios

Society Pass Key Balance Sheet Accounts

201920202021202220232024 (projected)
Retained Earnings(8.8M)(12.6M)(47.4M)(81.1M)(99.3M)(94.3M)
Total Current Assets661.6K569.1K29.6M23.0M8.1M11.5M
Common Stock685.0742.02.0K2.7K3.3K1.7K

Society Pass Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense8.1K49.0K41.5K25.1K235.0223.25
Ebit(4.5M)(3.8M)(34.8M)(34.0M)(18.1M)(19.0M)

Society Pass Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(332.1K)(99.8K)22.8M(4.3M)(15.3M)(14.5M)
Net Income(7.3M)(3.8M)(34.9M)(34.0M)(18.1M)(19.0M)
End Period Cash Flow606.5K506.7K23.3M19.0M3.7M3.5M

Society Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Society Pass's current stock value. Our valuation model uses many indicators to compare Society Pass value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Society Pass competition to find correlations between indicators driving Society Pass's intrinsic value. More Info.
Society Pass is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At present, Society Pass' Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Society Pass' earnings, one of the primary drivers of an investment's value.

Society Pass Systematic Risk

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

Price Earnings To Growth Ratio

0.008307

At present, Society Pass' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Society Pass November 22, 2024 Opportunity Range

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

Complementary Tools for Society Stock analysis

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