Cover Technologies Stock Net Income
| MGPRF Stock | USD 0.06 0.00 0.00% |
Fundamental analysis of Cover Technologies allows traders to better anticipate movements in Cover Technologies' stock price by examining its financial health and performance throughout various phases of its business cycle.
Cover |
Cover Technologies Company Net Income Analysis
Cover Technologies' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Cover Technologies Net Income | (2.36 M) |
Most of Cover Technologies' fundamental indicators, such as Net Income, 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, Cover Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Cover Technologies reported net income of (2.36 Million). This is 80.39% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The net income for all United States stocks is 100.41% higher than that of the company.
Cover Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cover Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Cover Technologies could also be used in its relative valuation, which is a method of valuing Cover Technologies by comparing valuation metrics of similar companies.Cover Technologies is currently under evaluation in net income category among its peers.
Cover Fundamentals
| Return On Equity | -35.06 | |||
| Return On Asset | -0.68 | |||
| Current Valuation | 331.26 K | |||
| Shares Outstanding | 5.52 M | |||
| Shares Owned By Insiders | 43.77 % | |||
| Price To Earning | (6.14) X | |||
| Price To Book | 14.19 X | |||
| Gross Profit | (200 K) | |||
| EBITDA | (2.28 M) | |||
| Net Income | (2.36 M) | |||
| Cash And Equivalents | 572.84 K | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 2.96 K | |||
| Debt To Equity | 1.03 % | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | (0.15) X | |||
| Cash Flow From Operations | (1.13 M) | |||
| Earnings Per Share | (1.81) X | |||
| Beta | 0.16 | |||
| Market Capitalization | 755.14 K | |||
| Total Asset | 314.43 K | |||
| Retained Earnings | (8.48 M) | |||
| Working Capital | (30 K) | |||
| Current Asset | 197 K | |||
| Current Liabilities | 227 K | |||
| Z Score | 93.5 | |||
| Net Asset | 314.43 K |
About Cover Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cover Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cover Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cover Technologies 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.
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Other Information on Investing in Cover Pink Sheet
Cover Technologies financial ratios help investors to determine whether Cover Pink Sheet 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 Cover with respect to the benefits of owning Cover Technologies security.