Algorhythm Holdings, Stock Net Income
RIME Stock | 0.25 0.02 8.70% |
Algorhythm Holdings, fundamentals help investors to digest information that contributes to Algorhythm Holdings,'s financial success or failures. It also enables traders to predict the movement of Algorhythm Stock. The fundamental analysis module provides a way to measure Algorhythm Holdings,'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 Algorhythm Holdings, stock.
Last Reported | Projected for Next Year | ||
Net Loss | -4.2 M | -4 M | |
Net Loss | -4.2 M | -4 M |
Algorhythm | Net Income |
Algorhythm Holdings, Company Net Income Analysis
Algorhythm Holdings,'s 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 Algorhythm Holdings, Net Income | (4.64 M) |
Most of Algorhythm Holdings,'s 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, Algorhythm Holdings, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Algorhythm Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Algorhythm Holdings, is extremely important. It helps to project a fair market value of Algorhythm Stock properly, considering its historical fundamentals such as Net Income. Since Algorhythm Holdings,'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 Algorhythm Holdings,'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 Algorhythm Holdings,'s interrelated accounts and indicators.
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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 |
Algorhythm Net Interest Income
Net Interest Income |
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Based on the recorded statements, Algorhythm Holdings, reported net income of (4.64 Million). This is 100.29% lower than that of the Leisure Products sector and significantly lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 100.81% higher than that of the company.
Algorhythm Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Algorhythm Holdings,'s direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Algorhythm Holdings, could also be used in its relative valuation, which is a method of valuing Algorhythm Holdings, by comparing valuation metrics of similar companies.Algorhythm Holdings, is currently under evaluation in net income category among its peers.
Algorhythm Fundamentals
Profit Margin | (0.31) % | ||||
Operating Margin | (0.93) % | ||||
Current Valuation | 9.29 M | ||||
Shares Outstanding | 9.74 M | ||||
Shares Owned By Insiders | 46.83 % | ||||
Shares Owned By Institutions | 4.44 % | ||||
Number Of Shares Shorted | 229.21 K | ||||
Price To Book | 1.25 X | ||||
Price To Sales | 0.14 X | ||||
Revenue | 39.3 M | ||||
EBITDA | (7.93 M) | ||||
Net Income | (4.64 M) | ||||
Total Debt | 20.14 M | ||||
Book Value Per Share | (0.14) X | ||||
Cash Flow From Operations | (330 K) | ||||
Short Ratio | 0.14 X | ||||
Earnings Per Share | (1.27) X | ||||
Number Of Employees | 27 | ||||
Beta | 0.19 | ||||
Market Capitalization | 5.35 M | ||||
Total Asset | 27.71 M | ||||
Retained Earnings | (25.91 M) | ||||
Working Capital | 7 M | ||||
Net Asset | 27.71 M |
About Algorhythm Holdings, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Algorhythm Holdings,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algorhythm Holdings, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algorhythm Holdings, 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Algorhythm Holdings, is a strong investment it is important to analyze Algorhythm Holdings,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algorhythm Holdings,'s future performance. For an informed investment choice regarding Algorhythm Stock, refer to the following important reports:Check out Algorhythm Holdings, Piotroski F Score and Algorhythm Holdings, Altman Z Score analysis. For information on how to trade Algorhythm Stock refer to our How to Trade Algorhythm Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algorhythm Holdings,. If investors know Algorhythm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algorhythm Holdings, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.27) | Revenue Per Share 5.97 | Quarterly Revenue Growth (0.07) |
The market value of Algorhythm Holdings, is measured differently than its book value, which is the value of Algorhythm that is recorded on the company's balance sheet. Investors also form their own opinion of Algorhythm Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Algorhythm Holdings,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algorhythm Holdings,'s market value can be influenced by many factors that don't directly affect Algorhythm Holdings,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algorhythm Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Algorhythm Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algorhythm Holdings,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.