Covista Communications Stock Debt To Equity
CVSTDelisted Stock | USD 0.02 0.00 0.00% |
Covista Communications fundamentals help investors to digest information that contributes to Covista Communications' financial success or failures. It also enables traders to predict the movement of Covista Pink Sheet. The fundamental analysis module provides a way to measure Covista Communications' 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 Covista Communications pink sheet.
Covista |
Covista Communications Company Debt To Equity Analysis
Covista Communications' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Covista Communications Debt To Equity | 0.02 % |
Most of Covista Communications' fundamental indicators, such as Debt To Equity, 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, Covista Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionAccording to the company disclosure, Covista Communications has a Debt To Equity of 0.019%. This is 99.99% lower than that of the Diversified Telecommunication Services sector and 99.98% lower than that of the Communication Services industry. The debt to equity for all United States stocks is 99.96% higher than that of the company.
Covista Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covista Communications' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Covista Communications could also be used in its relative valuation, which is a method of valuing Covista Communications by comparing valuation metrics of similar companies.Covista Communications is currently under evaluation in debt to equity category among its peers.
Covista Fundamentals
Return On Equity | -0.21 | ||||
Return On Asset | -0.0292 | ||||
Profit Margin | (0.06) % | ||||
Operating Margin | (0.03) % | ||||
Current Valuation | 16.4 M | ||||
Price To Earning | (0.02) X | ||||
Price To Book | 1.18 X | ||||
Price To Sales | 0.31 X | ||||
Revenue | 59.84 M | ||||
Gross Profit | 27.01 M | ||||
EBITDA | 1.17 M | ||||
Net Income | (5.33 M) | ||||
Cash And Equivalents | 6.51 M | ||||
Cash Per Share | 0.37 X | ||||
Debt To Equity | 0.02 % | ||||
Current Ratio | 1.46 X | ||||
Book Value Per Share | 0.76 X | ||||
Cash Flow From Operations | (5.1 M) | ||||
Earnings Per Share | (0.17) X | ||||
Number Of Employees | 162 | ||||
Beta | -1.32 | ||||
Market Capitalization | 27.58 M | ||||
Total Asset | 27.23 M | ||||
Retained Earnings | (38.72 M) | ||||
Working Capital | 4.95 M | ||||
Current Asset | 15.78 M | ||||
Current Liabilities | 10.83 M | ||||
Z Score | 0.6 | ||||
Net Asset | 27.23 M |
About Covista Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Covista Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covista Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covista Communications 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 Covista Pink Sheet
If you are still planning to invest in Covista Communications 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 Covista Communications' history and understand the potential risks before investing.
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