Oncovista Innovative Therapies Stock Working Capital
OVIT Stock | USD 0.0001 0.00 0.00% |
OncoVista Innovative Therapies fundamentals help investors to digest information that contributes to OncoVista Innovative's financial success or failures. It also enables traders to predict the movement of OncoVista Pink Sheet. The fundamental analysis module provides a way to measure OncoVista Innovative'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 OncoVista Innovative pink sheet.
OncoVista |
OncoVista Innovative Therapies Company Working Capital Analysis
OncoVista Innovative's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current OncoVista Innovative Working Capital | (5.89 M) |
Most of OncoVista Innovative's fundamental indicators, such as Working Capital, 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, OncoVista Innovative Therapies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
Based on the company's disclosures, OncoVista Innovative Therapies has a Working Capital of (5.89 Million). This is 101.38% lower than that of the Biotechnology sector and 101.09% lower than that of the Health Care industry. The working capital for all United States stocks is 100.4% higher than that of the company.
OncoVista Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OncoVista Innovative's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of OncoVista Innovative could also be used in its relative valuation, which is a method of valuing OncoVista Innovative by comparing valuation metrics of similar companies.OncoVista Innovative is currently under evaluation in working capital category among its peers.
OncoVista Fundamentals
Return On Asset | -23.58 | |||
Current Valuation | 852.92 K | |||
Shares Outstanding | 23.56 M | |||
Price To Earning | (0.12) X | |||
Price To Book | 26.09 X | |||
EBITDA | (3.4 M) | |||
Net Income | (2.54 M) | |||
Cash And Equivalents | 61.27 K | |||
Total Debt | 479.3 K | |||
Current Ratio | 0.01 X | |||
Book Value Per Share | (0.28) X | |||
Cash Flow From Operations | (232.38 K) | |||
Earnings Per Share | (0.15) X | |||
Beta | -51.97 | |||
Market Capitalization | 558.34 K | |||
Total Asset | 12.51 K | |||
Retained Earnings | (27.6 M) | |||
Working Capital | (5.89 M) | |||
Current Asset | 61 K | |||
Current Liabilities | 5.95 M | |||
Net Asset | 12.51 K |
About OncoVista Innovative Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OncoVista Innovative Therapies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OncoVista Innovative using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OncoVista Innovative Therapies 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for OncoVista Pink Sheet Analysis
When running OncoVista Innovative's price analysis, check to measure OncoVista Innovative's 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 OncoVista Innovative is operating at the current time. Most of OncoVista Innovative's value examination focuses on studying past and present price action to predict the probability of OncoVista Innovative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OncoVista Innovative's price. Additionally, you may evaluate how the addition of OncoVista Innovative to your portfolios can decrease your overall portfolio volatility.