Surgline International Stock Net Income
| SGLN Stock | USD 0.0001 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess SurgLine International's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. SurgLine International Company Net Income Analysis
SurgLine International'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 SurgLine International Net Income | (2.74 M) |
Most of SurgLine International'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, SurgLine International 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, SurgLine International reported net income of (2.74 Million). This is 100.8% lower than that of the Health Care Equipment & Supplies sector and significantly lower than that of the Health Care industry. The net income for all United States stocks is 100.48% higher than that of the company.
SurgLine Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SurgLine International'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 SurgLine International could also be used in its relative valuation, which is a method of valuing SurgLine International by comparing valuation metrics of similar companies.SurgLine International is currently under evaluation in net income category among its peers.
SurgLine Fundamentals
| Return On Asset | -14.63 | ||||
| Operating Margin | 25.41 % | ||||
| Current Valuation | 56.9 K | ||||
| Shares Outstanding | 5.69 B | ||||
| Price To Earning | (0.10) X | ||||
| Price To Sales | 5.01 X | ||||
| Revenue | 113.62 K | ||||
| Gross Profit | 39.11 K | ||||
| EBITDA | (2.08 M) | ||||
| Net Income | (2.74 M) | ||||
| Cash And Equivalents | 7.47 K | ||||
| Total Debt | 1.66 M | ||||
| Current Ratio | 0.06 X | ||||
| Cash Flow From Operations | (357.44 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | -40.86 | ||||
| Market Capitalization | 569.01 K | ||||
| Total Asset | 105.68 K | ||||
| Net Asset | 105.68 K |
About SurgLine International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SurgLine International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SurgLine International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SurgLine International 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.
Pair Trading with SurgLine International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SurgLine International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SurgLine International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to SurgLine International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SurgLine International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SurgLine International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SurgLine International to buy it.
The correlation of SurgLine International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SurgLine International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SurgLine International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SurgLine International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out SurgLine International Piotroski F Score and SurgLine International Altman Z Score analysis. To learn how to invest in SurgLine Stock, please use our How to Invest in SurgLine International guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Health Care Equipment & Supplies 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 SurgLine International. If investors know SurgLine 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 SurgLine International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SurgLine International is measured differently than its book value, which is the value of SurgLine that is recorded on the company's balance sheet. Investors also form their own opinion of SurgLine International's value that differs from its market value or its book value, called intrinsic value, which is SurgLine International'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 SurgLine International's market value can be influenced by many factors that don't directly affect SurgLine International'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 SurgLine International's value and its price as these two are different measures arrived at by different means. Investors typically determine if SurgLine International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SurgLine International'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.