Shift Technologies Stock Current Asset
Shift Technologies fundamentals help investors to digest information that contributes to Shift Technologies' financial success or failures. It also enables traders to predict the movement of Shift Stock. The fundamental analysis module provides a way to measure Shift Technologies' 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 Shift Technologies stock.
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Shift Technologies Company Current Asset Analysis
Shift Technologies' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
CompetitionIn accordance with the recently published financial statements, Shift Technologies has a Current Asset of 0.0. This is 100.0% lower than that of the Internet & Direct Marketing Retail sector and 100.0% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Shift Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shift Technologies' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shift Technologies could also be used in its relative valuation, which is a method of valuing Shift Technologies by comparing valuation metrics of similar companies.Shift Technologies is currently under evaluation in current asset category among its peers.
Shift Fundamentals
| Return On Equity | -22.22 | |||
| Return On Asset | -0.38 | |||
| Profit Margin | (0.42) % | |||
| Operating Margin | (0.40) % | |||
| Current Valuation | 179.5 M | |||
| Shares Outstanding | 17 M | |||
| Shares Owned By Insiders | 31.50 % | |||
| Shares Owned By Institutions | 23.86 % | |||
| Number Of Shares Shorted | 2.1 M | |||
| Price To Book | 5.10 X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 670.75 M | |||
| Gross Profit | 25.33 M | |||
| EBITDA | (176.85 M) | |||
| Net Income | (172.04 M) | |||
| Cash And Equivalents | 88.48 M | |||
| Cash Per Share | 1.04 X | |||
| Total Debt | 246.3 M | |||
| Current Ratio | 1.55 X | |||
| Book Value Per Share | (7.70) X | |||
| Cash Flow From Operations | (110.42 M) | |||
| Short Ratio | 15.53 X | |||
| Earnings Per Share | (9.41) X | |||
| Target Price | 2.3 | |||
| Number Of Employees | 464 | |||
| Beta | 1.42 | |||
| Market Capitalization | 2.89 M | |||
| Total Asset | 248.02 M | |||
| Retained Earnings | (612.75 M) | |||
| Working Capital | 83.06 M | |||
| Z Score | -2.7 | |||
| Net Asset | 248.02 M |
Thematic Opportunities
Explore Investment Opportunities
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Shift Stock
If you are still planning to invest in Shift Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shift Technologies' history and understand the potential risks before investing.
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