Nanoxplore Stock Debt To Equity
| GRA Stock | 2.25 0.02 0.88% |
NanoXplore fundamentals help investors to digest information that contributes to NanoXplore's financial success or failures. It also enables traders to predict the movement of NanoXplore Stock. The fundamental analysis module provides a way to measure NanoXplore'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 NanoXplore stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.07 | 3.38 |
NanoXplore | Debt To Equity |
NanoXplore Company Debt To Equity Analysis
NanoXplore's 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 NanoXplore Debt To Equity | 3.38 |
Most of NanoXplore's 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, NanoXplore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NanoXplore Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for NanoXplore is extremely important. It helps to project a fair market value of NanoXplore Stock properly, considering its historical fundamentals such as Debt To Equity. Since NanoXplore'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 NanoXplore'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 NanoXplore's interrelated accounts and indicators.
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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.
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NanoXplore Total Stockholder Equity
Total Stockholder Equity |
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NanoXplore Current Valuation Drivers
We derive many important indicators used in calculating different scores of NanoXplore from analyzing NanoXplore's financial statements. These drivers represent accounts that assess NanoXplore's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NanoXplore's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 202.2M | 661.8M | 528.2M | 539.8M | 426.5M | 44.5M | |
| Enterprise Value | 205.4M | 633.9M | 506.3M | 528.2M | 420.8M | 44.9M |
NanoXplore Fundamentals
| Return On Equity | -0.0977 | ||||
| Return On Asset | -0.0373 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 384.36 M | ||||
| Shares Outstanding | 170.61 M | ||||
| Shares Owned By Insiders | 29.90 % | ||||
| Shares Owned By Institutions | 12.07 % | ||||
| Number Of Shares Shorted | 184.95 K | ||||
| Price To Book | 3.64 X | ||||
| Price To Sales | 2.87 X | ||||
| Revenue | 128.6 M | ||||
| Gross Profit | 22.44 M | ||||
| EBITDA | (487.48 K) | ||||
| Net Income | (11.67 M) | ||||
| Cash And Equivalents | 51.23 M | ||||
| Total Debt | 3.6 M | ||||
| Book Value Per Share | 0.62 X | ||||
| Cash Flow From Operations | 4.42 M | ||||
| Short Ratio | 1.57 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Target Price | 4.57 | ||||
| Number Of Employees | 438 | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 387.28 M | ||||
| Total Asset | 159.69 M | ||||
| Retained Earnings | (80.73 M) | ||||
| Working Capital | 36.48 M | ||||
| Net Asset | 159.69 M |
About NanoXplore Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NanoXplore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NanoXplore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NanoXplore 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.
Pair Trading with NanoXplore
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NanoXplore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NanoXplore will appreciate offsetting losses from the drop in the long position's value.Moving together with NanoXplore Stock
Moving against NanoXplore Stock
The ability to find closely correlated positions to NanoXplore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NanoXplore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NanoXplore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NanoXplore to buy it.
The correlation of NanoXplore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NanoXplore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NanoXplore moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NanoXplore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NanoXplore Stock
NanoXplore financial ratios help investors to determine whether NanoXplore 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 NanoXplore with respect to the benefits of owning NanoXplore security.