Sellas Life Sciences Stock Piotroski F Score

SLS Stock  USD 1.22  0.02  1.61%   
This module uses fundamental data of Sellas Life to approximate its Piotroski F score. Sellas Life F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sellas Life Sciences. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Sellas Life financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Sellas Life Altman Z Score, Sellas Life Correlation, Sellas Life Valuation, as well as analyze Sellas Life Alpha and Beta and Sellas Life Hype Analysis.
  
At this time, Sellas Life's Long Term Debt Total is comparatively stable compared to the past year. Long Term Debt is likely to gain to about 5.8 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 860.7 K in 2024. At this time, Sellas Life's Intangibles To Total Assets are comparatively stable compared to the past year.
At this time, it appears that Sellas Life's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
2.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Sellas Life Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sellas Life is to make sure Sellas is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sellas Life's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Sellas Life's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.07460.043
Way Up
Pretty Stable
Gross Profit Margin0.70.81
Fairly Down
Pretty Stable
Total Current Liabilities19.4 M13.7 M
Significantly Up
Pretty Stable
Non Current Liabilities Total437 K460 K
Notably Down
Slightly volatile
Total Assets5.9 M6.2 M
Notably Down
Slightly volatile
Total Current AssetsM3.2 M
Notably Down
Slightly volatile

Sellas Life Sciences F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Sellas Life's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Sellas Life in a much-optimized way.

About Sellas Life Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

29.17 Million

At this time, Sellas Life's Common Stock Shares Outstanding is comparatively stable compared to the past year.

About Sellas Life Fundamental Analysis

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

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Additional Tools for Sellas Stock Analysis

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