Sphere 3d Corp Stock Current Asset
ANY Stock | USD 1.38 0.08 6.15% |
Sphere 3D Corp fundamentals help investors to digest information that contributes to Sphere 3D's financial success or failures. It also enables traders to predict the movement of Sphere Stock. The fundamental analysis module provides a way to measure Sphere 3D'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 Sphere 3D stock.
At this time, Sphere 3D's Other Current Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 16.8 M in 2024, whereas Net Current Asset Value is likely to drop slightly above 90.5 K in 2024. Sphere | Current Asset |
Sphere 3D Corp Company Current Asset Analysis
Sphere 3D's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Sphere 3D Current Asset | 36.54 M |
Most of Sphere 3D's fundamental indicators, such as Current Asset, 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, Sphere 3D Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sphere Current Asset Historical Pattern
Today, 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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sphere 3D current asset as a starting point in their analysis.
Sphere 3D Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Sphere Total Assets
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In accordance with the recently published financial statements, Sphere 3D Corp has a Current Asset of 36.54 M. This is 99.87% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current asset for all United States stocks is 99.61% higher than that of the company.
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Sphere Fundamentals
Return On Equity | -0.35 | ||||
Return On Asset | -0.17 | ||||
Profit Margin | (0.70) % | ||||
Operating Margin | (0.89) % | ||||
Current Valuation | 28.15 M | ||||
Shares Outstanding | 21.24 M | ||||
Shares Owned By Insiders | 5.28 % | ||||
Shares Owned By Institutions | 4.45 % | ||||
Number Of Shares Shorted | 559.53 K | ||||
Price To Earning | (0.10) X | ||||
Price To Book | 0.77 X | ||||
Price To Sales | 1.10 X | ||||
Revenue | 21.91 M | ||||
Gross Profit | 1.7 M | ||||
EBITDA | (15.94 M) | ||||
Net Income | (23.41 M) | ||||
Cash And Equivalents | 10.72 M | ||||
Cash Per Share | 0.16 X | ||||
Total Debt | 9.54 M | ||||
Debt To Equity | 0.69 % | ||||
Current Ratio | 12.13 X | ||||
Book Value Per Share | 1.73 X | ||||
Cash Flow From Operations | (6.58 M) | ||||
Short Ratio | 1.05 X | ||||
Earnings Per Share | (0.76) X | ||||
Price To Earnings To Growth | (0.02) X | ||||
Target Price | 3.0 | ||||
Beta | 2.81 | ||||
Market Capitalization | 27.61 M | ||||
Total Asset | 45.66 M | ||||
Retained Earnings | (447.37 M) | ||||
Working Capital | 8.16 M | ||||
Current Asset | 36.54 M | ||||
Current Liabilities | 46.4 M | ||||
Net Asset | 45.66 M |
About Sphere 3D Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sphere 3D Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sphere 3D using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sphere 3D Corp 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.
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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.