Biolase Stock Current Ratio
BIOLDelisted Stock | USD 0.05 0.02 27.46% |
BIOLASE fundamentals help investors to digest information that contributes to BIOLASE's financial success or failures. It also enables traders to predict the movement of BIOLASE Stock. The fundamental analysis module provides a way to measure BIOLASE'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 BIOLASE stock.
BIOLASE |
BIOLASE Company Current Ratio Analysis
BIOLASE's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current BIOLASE Current Ratio | 2.46 X |
Most of BIOLASE's fundamental indicators, such as Current Ratio, 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, BIOLASE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, BIOLASE has a Current Ratio of 2.46 times. This is 15.46% lower than that of the Health Care Equipment & Supplies sector and 27.65% lower than that of the Health Care industry. The current ratio for all United States stocks is 13.89% lower than that of the firm.
BIOLASE Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BIOLASE's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BIOLASE could also be used in its relative valuation, which is a method of valuing BIOLASE by comparing valuation metrics of similar companies.BIOLASE is currently under evaluation in current ratio category among its peers.
BIOLASE Fundamentals
Return On Equity | -5.05 | |||
Return On Asset | -0.27 | |||
Profit Margin | (0.44) % | |||
Operating Margin | (0.45) % | |||
Current Valuation | 13.65 M | |||
Shares Outstanding | 33.4 M | |||
Shares Owned By Insiders | 0.32 % | |||
Shares Owned By Institutions | 8.97 % | |||
Number Of Shares Shorted | 2.1 M | |||
Price To Earning | (7.23) X | |||
Price To Book | 0.77 X | |||
Price To Sales | 0.1 X | |||
Revenue | 49.16 M | |||
Gross Profit | 16.53 M | |||
EBITDA | (15.14 M) | |||
Net Income | (20.63 M) | |||
Cash And Equivalents | 9.96 M | |||
Cash Per Share | 1.39 X | |||
Total Debt | 17.91 M | |||
Debt To Equity | 1.07 % | |||
Current Ratio | 2.46 X | |||
Book Value Per Share | (0.06) X | |||
Cash Flow From Operations | (14.09 M) | |||
Short Ratio | 1.09 X | |||
Earnings Per Share | (11.97) X | |||
Price To Earnings To Growth | (0.22) X | |||
Target Price | 1.95 | |||
Number Of Employees | 157 | |||
Beta | 0.75 | |||
Market Capitalization | 4.31 M | |||
Total Asset | 35.1 M | |||
Retained Earnings | (316.8 M) | |||
Working Capital | 5.2 M | |||
Current Asset | 34.8 M | |||
Current Liabilities | 15.11 M | |||
Net Asset | 35.1 M |
About BIOLASE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BIOLASE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BIOLASE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BIOLASE 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 BIOLASE Stock
If you are still planning to invest in BIOLASE 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 BIOLASE's history and understand the potential risks before investing.
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