Hims Hers Health Stock Current Ratio
HIMS Stock | USD 24.15 2.36 10.83% |
Hims Hers Health fundamentals help investors to digest information that contributes to Hims Hers' financial success or failures. It also enables traders to predict the movement of Hims Stock. The fundamental analysis module provides a way to measure Hims Hers' 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 Hims Hers stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 3.00 | 3.16 |
Hims | Current Ratio |
Hims Hers Health Company Current Ratio Analysis
Hims Hers' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Hims Hers Current Ratio | 4.14 X |
Most of Hims Hers' fundamental indicators, such as Current 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, Hims Hers Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hims Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Hims Hers is extremely important. It helps to project a fair market value of Hims Stock properly, considering its historical fundamentals such as Current Ratio. Since Hims Hers' 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 Hims Hers' 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 Hims Hers' interrelated accounts and indicators.
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Hims Current Ratio Historical Pattern
Today, most investors in Hims Hers Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hims Hers' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hims Hers current ratio as a starting point in their analysis.
Hims Hers Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Hims Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Hims Hers Health has a Current Ratio of 4.14 times. This is 108.04% higher than that of the Health Care Providers & Services sector and 100.0% higher than that of the Health Care industry. The current ratio for all United States stocks is 91.67% lower than that of the firm.
Hims Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hims Hers' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hims Hers could also be used in its relative valuation, which is a method of valuing Hims Hers by comparing valuation metrics of similar companies.Hims Hers is currently under evaluation in current ratio category among its peers.
Hims Hers ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hims Hers' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hims Hers' managers, analysts, and investors.Environmental | Governance | Social |
Hims Fundamentals
Return On Equity | 0.26 | ||||
Return On Asset | 0.0566 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 5.03 B | ||||
Shares Outstanding | 210.1 M | ||||
Shares Owned By Insiders | 11.39 % | ||||
Shares Owned By Institutions | 66.11 % | ||||
Number Of Shares Shorted | 33.84 M | ||||
Price To Book | 11.99 X | ||||
Price To Sales | 4.25 X | ||||
Revenue | 872 M | ||||
Gross Profit | 408.72 M | ||||
EBITDA | (19.94 M) | ||||
Net Income | (23.55 M) | ||||
Cash And Equivalents | 194.98 M | ||||
Cash Per Share | 0.94 X | ||||
Total Debt | 9.95 M | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 4.14 X | ||||
Book Value Per Share | 2.02 X | ||||
Cash Flow From Operations | 73.48 M | ||||
Short Ratio | 2.66 X | ||||
Earnings Per Share | 0.44 X | ||||
Price To Earnings To Growth | (0.23) X | ||||
Target Price | 24.13 | ||||
Number Of Employees | 1.05 K | ||||
Beta | 1.06 | ||||
Market Capitalization | 5.28 B | ||||
Total Asset | 441.19 M | ||||
Retained Earnings | (368.18 M) | ||||
Working Capital | 176.59 M | ||||
Net Asset | 441.19 M |
About Hims Hers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hims Hers Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hims Hers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hims Hers Health 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 Hims Stock Analysis
When running Hims Hers' price analysis, check to measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.