Wayside Technology Group Stock Current Ratio
WSTGDelisted Stock | USD 31.53 0.82 2.53% |
Wayside Technology Group fundamentals help investors to digest information that contributes to Wayside Technology's financial success or failures. It also enables traders to predict the movement of Wayside Stock. The fundamental analysis module provides a way to measure Wayside Technology'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 Wayside Technology stock.
Wayside |
Wayside Technology Group Company Current Ratio Analysis
Wayside Technology's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Wayside Technology Current Ratio | 1.25 X |
Most of Wayside Technology's fundamental indicators, such as Current 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, Wayside Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, Wayside Technology Group has a Current Ratio of 1.25 times. This is 55.83% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is 42.13% higher than that of the company.
Wayside Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wayside Technology's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wayside Technology could also be used in its relative valuation, which is a method of valuing Wayside Technology by comparing valuation metrics of similar companies.Wayside Technology is currently under evaluation in current ratio category among its peers.
Wayside Fundamentals
Return On Equity | 0.22 | |||
Return On Asset | 0.0539 | |||
Profit Margin | 0.04 % | |||
Operating Margin | 0.05 % | |||
Current Valuation | 113.47 M | |||
Shares Outstanding | 4.47 M | |||
Shares Owned By Insiders | 16.13 % | |||
Shares Owned By Institutions | 47.10 % | |||
Number Of Shares Shorted | 5.69 K | |||
Price To Earning | 30.80 X | |||
Price To Book | 2.55 X | |||
Price To Sales | 0.49 X | |||
Revenue | 282.58 M | |||
Gross Profit | 45.72 M | |||
EBITDA | 14.43 M | |||
Net Income | 9.2 M | |||
Cash And Equivalents | 29.32 M | |||
Cash Per Share | 6.76 X | |||
Total Debt | 4.11 M | |||
Debt To Equity | 0.07 % | |||
Current Ratio | 1.25 X | |||
Book Value Per Share | 12.59 X | |||
Cash Flow From Operations | 4.71 M | |||
Short Ratio | 0.35 X | |||
Earnings Per Share | 2.57 X | |||
Price To Earnings To Growth | 0.57 X | |||
Target Price | 19.0 | |||
Number Of Employees | 268 | |||
Beta | 0.77 | |||
Market Capitalization | 139.12 M | |||
Total Asset | 190.75 M | |||
Retained Earnings | 20.52 M | |||
Working Capital | 30.57 M | |||
Current Asset | 85.99 M | |||
Current Liabilities | 55.42 M | |||
Z Score | 20.8 | |||
Annual Yield | 0.02 % | |||
Five Year Return | 3.91 % | |||
Net Asset | 190.75 M | |||
Last Dividend Paid | 0.68 |
About Wayside Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wayside Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wayside Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wayside Technology Group 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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Other Consideration for investing in Wayside Stock
If you are still planning to invest in Wayside Technology 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 Wayside Technology's history and understand the potential risks before investing.
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