Sharps Technology Net Worth

Sharps Technology Net Worth Breakdown

  STSS
The net worth of Sharps Technology is the difference between its total assets and liabilities. Sharps Technology's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Sharps Technology's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Sharps Technology's net worth can be used as a measure of its financial health and stability which can help investors to decide if Sharps Technology is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Sharps Technology stock.

Sharps Technology Net Worth Analysis

Sharps Technology's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Sharps Technology's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Sharps Technology's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Sharps Technology's net worth analysis. One common approach is to calculate Sharps Technology's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Sharps Technology's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Sharps Technology's net worth. This approach calculates the present value of Sharps Technology's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Sharps Technology's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Sharps Technology's net worth. This involves comparing Sharps Technology's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Sharps Technology's net worth relative to its peers.

Enterprise Value

408.54 Million

To determine if Sharps Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sharps Technology's net worth research are outlined below:
Sharps Technology generated a negative expected return over the last 90 days
Sharps Technology has high historical volatility and very poor performance
Sharps Technology has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (9.84 M) with profit before overhead, payroll, taxes, and interest of 0.
Sharps Technology currently holds about 7.81 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85.
Sharps Technology has a frail financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Acquisition by Ruemler Timothy James of 112000 shares of Sharps Technology at 1.25 subject to Rule 16b-3

Sharps Technology Quarterly Good Will

52,460

Know Sharps Technology's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Sharps Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sharps Technology backward and forwards among themselves. Sharps Technology's institutional investor refers to the entity that pools money to purchase Sharps Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bank Of America Corp2024-06-30
1.1 K
Wells Fargo & Co2024-06-30
0.0
Geode Capital Management, Llc2024-09-30
0.0
Xtx Topco Ltd2024-06-30
0.0
Walleye Trading Advisors, Llc2024-06-30
0.0
Garden State Investment Advisory Services Llc2024-09-30
172.9 K
Essential Planning, Llc.2024-09-30
162.8 K
Renaissance Technologies Corp2024-09-30
136.9 K
Hightower Advisors, Llc2024-06-30
120.8 K
Org Partners Llc2024-09-30
100 K
Alphacore Capital Llc2024-06-30
88.6 K
Note, although Sharps Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Sharps Technology's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.81 M.

Market Cap

410.57 Million

Project Sharps Technology's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.84)(0.88)
Return On Capital Employed(1.25)(1.31)
Return On Assets(0.83)(0.88)
Return On Equity(1.24)(1.30)
When accessing Sharps Technology's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Sharps Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sharps Technology's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Sharps Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sharps Technology. Check Sharps Technology's Beneish M Score to see the likelihood of Sharps Technology's management manipulating its earnings.

Evaluate Sharps Technology's management efficiency

Sharps Technology has return on total asset (ROA) of (0.5202) % which means that it has lost $0.5202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0321) %, meaning that it created substantial loss on money invested by shareholders. Sharps Technology's management efficiency ratios could be used to measure how well Sharps Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.88 in 2024. Return On Capital Employed is likely to drop to -1.31 in 2024. At this time, Sharps Technology's Non Currrent Assets Other are comparatively stable compared to the past year. Other Assets is likely to gain to about 324.7 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 3.5 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.61  0.39 
Tangible Book Value Per Share 0.60  0.38 
Enterprise Value Over EBITDA(12.94)(13.59)
Price Book Value Ratio 15.03  14.28 
Enterprise Value Multiple(12.94)(13.59)
Price Fair Value 15.03  14.28 
Enterprise Value243.2 M408.5 M
Leadership at Sharps Technology emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Return On Equity
(1.03)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sharps Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sharps Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sharps Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Sharps Technology Corporate Filings

22nd of November 2024
Other Reports
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18th of November 2024
Other Reports
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10Q
14th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
13A
13th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
Sharps Technology time-series forecasting models is one of many Sharps Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sharps Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Sharps Technology Earnings per Share Projection vs Actual

Sharps Technology Corporate Management

Robert HayesCEO DirectorProfile
Alan BlackmanChief CoChairmanProfile
Steven MDChief OfficerProfile
Ben ScheuSenior SalesProfile
Barry BerlerChief InventorProfile
Andrew CPAChief OfficerProfile

Additional Tools for Sharps Stock Analysis

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