Pro Dex Stock Short Ratio

PDEX Stock

USD 42.33 5.30 11.13%

Pro Dex fundamentals help investors to digest information that contributes to Pro Dex's financial success or failures. It also enables traders to predict the movement of Pro Stock. The fundamental analysis module provides a way to measure Pro Dex'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 Pro Dex stock.

Short Long Term Debt Total Total Assets

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Pro Dex Company Short Ratio Analysis

Pro Dex's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Pro Dex Short Ratio

1.00 X

Most of Pro Dex's fundamental indicators, such as Short 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, Pro Dex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pro Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Pro Dex is extremely important. It helps to project a fair market value of Pro Stock properly, considering its historical fundamentals such as Short Ratio. Since Pro Dex'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 Pro Dex'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 Pro Dex's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.89	0.95	0.95	0.97	0.99	0.93	-0.32	0.9	-0.22	0.91	-0.11	0.91	0.6	-0.36	0.95	0.96	-0.05	0.6	0.94	0.95	0.95	-0.94
Total Stockholder Equity	0.97		0.78	0.91	0.89	0.89	0.98	0.9	-0.32	0.87	-0.21	0.88	-0.26	0.81	0.63	-0.43	0.96	0.89	-0.07	0.61	0.91	0.91	0.92	-0.88
Net Debt	0.89	0.78		0.88	0.92	0.95	0.82	0.89	-0.26	0.81	-0.22	0.87	0.22	0.94	0.38	-0.11	0.79	0.95	0.0	0.58	0.89	0.91	0.82	-0.95
Retained Earnings	0.95	0.91	0.88		0.89	0.93	0.93	0.94	-0.4	0.85	-0.23	0.93	0.01	0.86	0.72	-0.06	0.97	0.95	-0.2	0.62	0.95	0.93	0.92	-0.94
Net Receivables	0.95	0.89	0.92	0.89		0.96	0.94	0.91	-0.25	0.93	-0.22	0.9	-0.01	0.9	0.52	-0.32	0.88	0.96	-0.03	0.42	0.92	0.9	0.88	-0.94
Total Liab	0.97	0.89	0.95	0.93	0.96		0.94	0.91	-0.31	0.89	-0.21	0.89	0.04	0.96	0.53	-0.26	0.88	0.98	-0.03	0.57	0.91	0.95	0.93	-0.96
Total Current Assets	0.99	0.98	0.82	0.93	0.94	0.94		0.91	-0.32	0.93	-0.22	0.89	-0.19	0.86	0.67	-0.4	0.96	0.93	-0.06	0.51	0.92	0.91	0.95	-0.9
Short Term Debt	0.93	0.9	0.89	0.94	0.91	0.91	0.91		-0.39	0.89	-0.1	0.98	0.0	0.81	0.58	-0.19	0.94	0.94	-0.09	0.58	0.99	0.91	0.84	-0.93
Intangible Assets	-0.32	-0.32	-0.26	-0.4	-0.25	-0.31	-0.32	-0.39		-0.18	-0.28	-0.4	0.1	-0.29	-0.36	-0.11	-0.39	-0.34	0.09	-0.34	-0.36	-0.34	-0.36	0.32
Accounts Payable	0.9	0.87	0.81	0.85	0.93	0.89	0.93	0.89	-0.18		-0.25	0.89	-0.09	0.78	0.66	-0.33	0.89	0.89	0.03	0.29	0.9	0.81	0.84	-0.86
Common Stock	-0.22	-0.21	-0.22	-0.23	-0.22	-0.21	-0.22	-0.1	-0.28	-0.25		-0.15	-0.13	-0.2	-0.27	-0.07	-0.22	-0.21	-0.38	-0.1	-0.19	-0.23	-0.26	0.2
Property Plant Equipment	0.91	0.88	0.87	0.93	0.9	0.89	0.89	0.98	-0.4	0.89	-0.15		0.07	0.77	0.6	-0.14	0.93	0.9	-0.07	0.58	0.99	0.89	0.84	-0.91
Current Deferred Revenue	-0.11	-0.26	0.22	0.01	-0.01	0.04	-0.19	0.0	0.1	-0.09	-0.13	0.07		0.09	-0.22	0.63	-0.18	0.0	-0.07	0.11	0.0	0.04	-0.06	0.01
Long Term Debt	0.91	0.81	0.94	0.86	0.9	0.96	0.86	0.81	-0.29	0.78	-0.2	0.77	0.09		0.42	-0.21	0.78	0.95	-0.05	0.57	0.81	0.92	0.89	-0.91
Short Term Investments	0.6	0.63	0.38	0.72	0.52	0.53	0.67	0.58	-0.36	0.66	-0.27	0.6	-0.22	0.42		0.13	0.76	0.58	-0.29	0.11	0.61	0.51	0.67	-0.54
Good Will	-0.36	-0.43	-0.11	-0.06	-0.32	-0.26	-0.4	-0.19	-0.11	-0.33	-0.07	-0.14	0.63	-0.21	0.13		-0.22	-0.2	-0.38	-0.1	-0.19	-0.22	-0.26	0.2
Net Tangible Assets	0.95	0.96	0.79	0.97	0.88	0.88	0.96	0.94	-0.39	0.89	-0.22	0.93	-0.18	0.78	0.76	-0.22		0.91	-0.15	0.56	0.95	0.89	0.9	-0.9
Long Term Debt Total	0.96	0.89	0.95	0.95	0.96	0.98	0.93	0.94	-0.34	0.89	-0.21	0.9	0.0	0.95	0.58	-0.2	0.91		-0.06	0.56	0.94	0.95	0.92	-0.97
Deferred Long Term Liab	-0.05	-0.07	0.0	-0.2	-0.03	-0.03	-0.06	-0.09	0.09	0.03	-0.38	-0.07	-0.07	-0.05	-0.29	-0.38	-0.15	-0.06		0.03	-0.05	-0.05	-0.07	0.05
Long Term Investments	0.6	0.61	0.58	0.62	0.42	0.57	0.51	0.58	-0.34	0.29	-0.1	0.58	0.11	0.57	0.11	-0.1	0.56	0.56	0.03		0.58	0.7	0.57	-0.59
Short Long Term Debt	0.94	0.91	0.89	0.95	0.92	0.91	0.92	0.99	-0.36	0.9	-0.19	0.99	0.0	0.81	0.61	-0.19	0.95	0.94	-0.05	0.58		0.91	0.86	-0.93
Net Invested Capital	0.95	0.91	0.91	0.93	0.9	0.95	0.91	0.91	-0.34	0.81	-0.23	0.89	0.04	0.92	0.51	-0.22	0.89	0.95	-0.05	0.7	0.91		0.95	-0.96
Net Working Capital	0.95	0.92	0.82	0.92	0.88	0.93	0.95	0.84	-0.36	0.84	-0.26	0.84	-0.06	0.89	0.67	-0.26	0.9	0.92	-0.07	0.57	0.86	0.95		-0.9
Capital Stock	-0.94	-0.88	-0.95	-0.94	-0.94	-0.96	-0.9	-0.93	0.32	-0.86	0.2	-0.91	0.01	-0.91	-0.54	0.2	-0.9	-0.97	0.05	-0.59	-0.93	-0.96	-0.9

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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Competition

Predict Pro Dex

Pro Discontinued Operations

Discontinued Operations

229,635

At this time, Pro Dex's Discontinued Operations is fairly stable compared to the past year.

Based on the latest financial disclosure, Pro Dex has a Short Ratio of 1.0 times. This is 74.36% lower than that of the Health Care Equipment & Supplies sector and 75.37% lower than that of the Health Care industry. The short ratio for all United States stocks is 75.0% higher than that of the company.

Pro Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pro Dex's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pro Dex could also be used in its relative valuation, which is a method of valuing Pro Dex by comparing valuation metrics of similar companies.

Pro Dex is currently under evaluation in short ratio category among its peers.

Pro Dex Current Valuation Drivers

We derive many important indicators used in calculating different scores of Pro Dex from analyzing Pro Dex's financial statements. These drivers represent accounts that assess Pro Dex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pro Dex's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	69.7M	116.0M	58.0M	68.2M	64.2M	67.4M
Enterprise Value	70.0M	127.5M	72.7M	80.1M	75.1M	78.9M

Pro Dex 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, Pro Dex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pro Dex's managers, analysts, and investors.

Environmental

Governance

Social

Pro Dex Institutional Holders

Institutional Holdings refers to the ownership stake in Pro Dex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Pro Dex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Pro Dex's value.

		Shares
Advisor Group Holdings, Inc.	2024-06-30	11.5 K
State Street Corp	2024-06-30	10.6 K
Perritt Capital Management Inc.	2024-09-30	6 K
Fmr Inc	2024-09-30	4 K
Ubs Group Ag	2024-06-30	3.6 K
Global Retirement Partners, Llc.	2024-09-30	1000
Tower Research Capital Llc	2024-06-30	543
Goss Wealth Management Llc	2024-06-30	416
Northwestern Mutual Wealth Management Co	2024-06-30	263
Vanguard Group Inc	2024-09-30	121.1 K
Punch & Associates Inv Mgmt Inc	2024-09-30	68 K

Pro Fundamentals

	Return On Equity	0.17
	Return On Asset	0.1
	Profit Margin	0.09 %
	Operating Margin	0.20 %
	Current Valuation	161.97 M
	Shares Outstanding	3.26 M
	Shares Owned By Insiders	35.92 %
	Shares Owned By Institutions	27.72 %
	Number Of Shares Shorted	18.98 K
	Price To Earning	13.30 X
	Price To Book	5.03 X
	Price To Sales	2.73 X
	Revenue	53.84 M
	Gross Profit	12.75 M
	EBITDA	8.33 M
	Net Income	2.13 M
	Cash And Equivalents	1.6 M
	Cash Per Share	0.44 X
	Total Debt	13.55 M
	Debt To Equity	0.67 %
	Current Ratio	2.74 X
	Book Value Per Share	9.36 X
	Cash Flow From Operations	6.2 M
	Short Ratio	1.00 X
	Earnings Per Share	1.52 X
	Target Price	52.0
	Number Of Employees	146
	Beta	0.39
	Market Capitalization	155.24 M
	Total Asset	52.48 M
	Retained Earnings	26.95 M
	Working Capital	23.72 M
	Current Asset	9.22 M
	Current Liabilities	2.16 M
	Net Asset	52.48 M

About Pro Dex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pro Dex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pro Dex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pro Dex 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 Pro Stock Analysis

When running Pro Dex's price analysis, check to measure Pro Dex'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 Pro Dex is operating at the current time. Most of Pro Dex's value examination focuses on studying past and present price action to predict the probability of Pro Dex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pro Dex's price. Additionally, you may evaluate how the addition of Pro Dex to your portfolios can decrease your overall portfolio volatility.

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