Absolute Software Stock Working Capital

ABSTDelisted Stock  USD 11.48  0.00  0.00%   
Absolute Software fundamentals help investors to digest information that contributes to Absolute Software's financial success or failures. It also enables traders to predict the movement of Absolute Stock. The fundamental analysis module provides a way to measure Absolute Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Absolute Software stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Absolute Software Company Working Capital Analysis

Absolute Software's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Absolute Software Working Capital

    
  (37.94 M)  
Most of Absolute Software's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Absolute Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

In accordance with the company's disclosures, Absolute Software has a Working Capital of (37.94 Million). This is 100.39% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The working capital for all United States stocks is 102.57% higher than that of the company.

Absolute Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Absolute Software's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Absolute Software could also be used in its relative valuation, which is a method of valuing Absolute Software by comparing valuation metrics of similar companies.
Absolute Software is currently under evaluation in working capital category among its peers.

Absolute Fundamentals

About Absolute Software Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Absolute Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absolute Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absolute Software based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in Absolute Stock

If you are still planning to invest in Absolute Software check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Absolute Software's history and understand the potential risks before investing.
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