Elliptic Laboratories As Stock Debt To Equity
ELABS Stock | NOK 10.30 0.14 1.38% |
Elliptic Laboratories AS fundamentals help investors to digest information that contributes to Elliptic Laboratories' financial success or failures. It also enables traders to predict the movement of Elliptic Stock. The fundamental analysis module provides a way to measure Elliptic Laboratories' 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 Elliptic Laboratories stock.
Elliptic |
Elliptic Laboratories AS Company Debt To Equity Analysis
Elliptic Laboratories' 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 Elliptic Laboratories Debt To Equity | 0.12 % |
Most of Elliptic Laboratories' 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, Elliptic Laboratories AS 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.
Competition |
According to the company disclosure, Elliptic Laboratories AS has a Debt To Equity of 0.12%. This is 99.8% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The debt to equity for all Norway stocks is 99.75% higher than that of the company.
Elliptic Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elliptic Laboratories' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elliptic Laboratories could also be used in its relative valuation, which is a method of valuing Elliptic Laboratories by comparing valuation metrics of similar companies.Elliptic Laboratories is currently under evaluation in debt to equity category among its peers.
Elliptic Fundamentals
Return On Equity | -0.0289 | |||
Return On Asset | -0.0328 | |||
Profit Margin | (0.12) % | |||
Operating Margin | (0.24) % | |||
Current Valuation | 2 B | |||
Shares Outstanding | 104.07 M | |||
Shares Owned By Insiders | 31.20 % | |||
Shares Owned By Institutions | 26.35 % | |||
Price To Book | 6.39 X | |||
Price To Sales | 27.21 X | |||
Revenue | 54.6 M | |||
Gross Profit | 3.79 M | |||
EBITDA | (3.58 M) | |||
Net Income | (13.09 M) | |||
Cash And Equivalents | 216.83 M | |||
Cash Per Share | 9.94 X | |||
Total Debt | 10.53 M | |||
Debt To Equity | 0.12 % | |||
Current Ratio | 8.13 X | |||
Book Value Per Share | 3.29 X | |||
Cash Flow From Operations | (10.82 M) | |||
Earnings Per Share | (0.17) X | |||
Target Price | 32.0 | |||
Number Of Employees | 69 | |||
Beta | 0.62 | |||
Market Capitalization | 2.04 B | |||
Total Asset | 371.36 M | |||
Net Asset | 371.36 M |
About Elliptic Laboratories Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elliptic Laboratories AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elliptic Laboratories using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elliptic Laboratories AS 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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Elliptic Laboratories financial ratios help investors to determine whether Elliptic 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 Elliptic with respect to the benefits of owning Elliptic Laboratories security.