Ecosynthetix Stock Shares Outstanding
| ECO Stock | CAD 4.07 0.06 1.50% |
EcoSynthetix fundamentals help investors to digest information that contributes to EcoSynthetix's financial success or failures. It also enables traders to predict the movement of EcoSynthetix Stock. The fundamental analysis module provides a way to measure EcoSynthetix'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 EcoSynthetix stock.
As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to drop to about 56.5 M. EcoSynthetix | Shares Outstanding |
EcoSynthetix Company Shares Outstanding Analysis
EcoSynthetix's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current EcoSynthetix Shares Outstanding | 58.61 M |
Most of EcoSynthetix's fundamental indicators, such as Shares Outstanding, 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, EcoSynthetix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EcoSynthetix Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for EcoSynthetix is extremely important. It helps to project a fair market value of EcoSynthetix Stock properly, considering its historical fundamentals such as Shares Outstanding. Since EcoSynthetix's 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 EcoSynthetix's 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 EcoSynthetix's interrelated accounts and indicators.
Click cells to compare fundamentals
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
EcoSynthetix Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, EcoSynthetix has 58.61 M of shares currently outstending. This is 90.46% lower than that of the Chemicals sector and 45.65% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 89.75% higher than that of the company.
EcoSynthetix Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EcoSynthetix's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EcoSynthetix could also be used in its relative valuation, which is a method of valuing EcoSynthetix by comparing valuation metrics of similar companies.EcoSynthetix is currently under evaluation in shares outstanding category among its peers.
EcoSynthetix Current Valuation Drivers
We derive many important indicators used in calculating different scores of EcoSynthetix from analyzing EcoSynthetix's financial statements. These drivers represent accounts that assess EcoSynthetix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EcoSynthetix's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 118.9M | 165.6M | 266.0M | 179.0M | 159.9M | 100.7M | |
| Enterprise Value | 112.3M | 150.3M | 224.8M | 175.0M | 155.6M | 163.4M |
EcoSynthetix Fundamentals
| Return On Equity | -0.0429 | ||||
| Return On Asset | -0.0579 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 184.63 M | ||||
| Shares Outstanding | 58.61 M | ||||
| Shares Owned By Insiders | 14.48 % | ||||
| Shares Owned By Institutions | 14.73 % | ||||
| Number Of Shares Shorted | 400.74 K | ||||
| Price To Earning | (18.42) X | ||||
| Price To Book | 4.17 X | ||||
| Price To Sales | 14.74 X | ||||
| Revenue | 12.66 M | ||||
| Gross Profit | 4.15 M | ||||
| EBITDA | (3.75 M) | ||||
| Net Income | (2.82 M) | ||||
| Cash And Equivalents | 44.59 M | ||||
| Cash Per Share | 0.76 X | ||||
| Total Debt | 584.36 K | ||||
| Debt To Equity | 2.70 % | ||||
| Current Ratio | 30.53 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | 316.99 K | ||||
| Short Ratio | 12.89 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 8.39 | ||||
| Number Of Employees | 25 | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 235.01 M | ||||
| Total Asset | 42.84 M | ||||
| Retained Earnings | (459.55 M) | ||||
| Working Capital | 36.96 M | ||||
| Net Asset | 42.84 M |
About EcoSynthetix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EcoSynthetix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EcoSynthetix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EcoSynthetix 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.
Other Information on Investing in EcoSynthetix Stock
EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.