Playgon Games Stock Short Ratio
DEAL Stock | CAD 0.01 0.01 50.00% |
Playgon Games fundamentals help investors to digest information that contributes to Playgon Games' financial success or failures. It also enables traders to predict the movement of Playgon Stock. The fundamental analysis module provides a way to measure Playgon Games' 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 Playgon Games stock.
Playgon | Short Ratio |
Playgon Games Company Short Ratio Analysis
Playgon Games' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Playgon Games Short Ratio | 2.17 X |
Most of Playgon Games' fundamental indicators, such as Short 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, Playgon Games is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Playgon Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Playgon Games is extremely important. It helps to project a fair market value of Playgon Stock properly, considering its historical fundamentals such as Short Ratio. Since Playgon Games' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Playgon Games' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Playgon Games' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Playgon Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Playgon Games has a Short Ratio of 2.17 times. This is 73.89% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The short ratio for all Canada stocks is 45.75% higher than that of the company.
Playgon Games Current Valuation Drivers
We derive many important indicators used in calculating different scores of Playgon Games from analyzing Playgon Games' financial statements. These drivers represent accounts that assess Playgon Games' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Playgon Games' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 9.7M | 65.2M | 74.7M | 17.7M | 10.2M | 7.9M | |
Enterprise Value | 9.9M | 66.5M | 70.1M | 24.5M | 26.0M | 27.3M |
Playgon Fundamentals
Return On Equity | -8.64 | ||||
Return On Asset | -1.63 | ||||
Operating Margin | (22.70) % | ||||
Current Valuation | 25.67 M | ||||
Shares Outstanding | 332.25 M | ||||
Shares Owned By Insiders | 27.06 % | ||||
Number Of Shares Shorted | 4.11 K | ||||
Price To Book | 12.38 X | ||||
Price To Sales | 2.81 X | ||||
Revenue | 1.47 M | ||||
Gross Profit | (829.81 K) | ||||
EBITDA | (16.59 M) | ||||
Net Income | (16.51 M) | ||||
Cash And Equivalents | 5.27 M | ||||
Cash Per Share | 0.03 X | ||||
Total Debt | 6.21 M | ||||
Debt To Equity | 0.15 % | ||||
Current Ratio | 1.76 X | ||||
Book Value Per Share | (0.08) X | ||||
Cash Flow From Operations | (11.36 M) | ||||
Short Ratio | 2.17 X | ||||
Earnings Per Share | (0.06) X | ||||
Beta | 0.87 | ||||
Market Capitalization | 3.32 M | ||||
Total Asset | 5.51 M | ||||
Retained Earnings | (78.2 M) | ||||
Working Capital | (10.5 M) | ||||
Net Asset | 5.51 M |
About Playgon Games Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Playgon Games's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Playgon Games using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Playgon Games 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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Additional Tools for Playgon Stock Analysis
When running Playgon Games' price analysis, check to measure Playgon Games' 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.