Bright Health Group Stock Current Asset
BHGDelisted Stock | USD 12.29 0.39 3.08% |
Bright Health Group fundamentals help investors to digest information that contributes to Bright Health's financial success or failures. It also enables traders to predict the movement of Bright Stock. The fundamental analysis module provides a way to measure Bright Health'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 Bright Health stock.
Bright |
Bright Health Group Company Current Asset Analysis
Bright Health'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 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.
CompetitionIn accordance with the recently published financial statements, Bright Health Group has a Current Asset of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and about the same as Health Care (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Bright Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bright Health's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bright Health could also be used in its relative valuation, which is a method of valuing Bright Health by comparing valuation metrics of similar companies.Bright Health is currently under evaluation in current asset category among its peers.
Bright Fundamentals
Return On Equity | -1.19 | |||
Return On Asset | -0.0701 | |||
Profit Margin | (0.58) % | |||
Operating Margin | (0.21) % | |||
Current Valuation | 1.25 B | |||
Shares Outstanding | 7.98 M | |||
Shares Owned By Insiders | 4.93 % | |||
Shares Owned By Institutions | 65.02 % | |||
Number Of Shares Shorted | 104.17 K | |||
Price To Book | 0.95 X | |||
Price To Sales | 0.05 X | |||
Revenue | 2.76 B | |||
Gross Profit | 205.79 M | |||
EBITDA | (334.34 M) | |||
Net Income | (1.59 B) | |||
Cash And Equivalents | 466.32 M | |||
Cash Per Share | 3.61 X | |||
Total Debt | 303.95 M | |||
Debt To Equity | 0.02 % | |||
Current Ratio | 0.87 X | |||
Book Value Per Share | (132.46) X | |||
Cash Flow From Operations | (2.27 B) | |||
Short Ratio | 1.17 X | |||
Earnings Per Share | (136.21) X | |||
Price To Earnings To Growth | (0.01) X | |||
Target Price | 26.67 | |||
Number Of Employees | 2.84 K | |||
Beta | 0.94 | |||
Market Capitalization | 130.51 M | |||
Total Asset | 4.67 B | |||
Retained Earnings | (3.16 B) | |||
Working Capital | (118.06 M) | |||
Z Score | -0.37 | |||
Net Asset | 4.67 B |
About Bright Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bright Health Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bright Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bright Health Group 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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Other Consideration for investing in Bright Stock
If you are still planning to invest in Bright Health Group 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 Bright Health's history and understand the potential risks before investing.
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