Sphere 3D Net Worth
Sphere 3D Net Worth Breakdown | ANY |
Sphere 3D Net Worth Analysis
Sphere 3D'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 Sphere 3D's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Sphere 3D's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Sphere 3D's net worth analysis. One common approach is to calculate Sphere 3D's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Sphere 3D's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Sphere 3D's net worth. This approach calculates the present value of Sphere 3D's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Sphere 3D'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 Sphere 3D's net worth. This involves comparing Sphere 3D's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Sphere 3D's net worth relative to its peers.
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To determine if Sphere 3D 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 Sphere 3D's net worth research are outlined below:
| Sphere 3D Corp generated a negative expected return over the last 90 days | |
| Sphere 3D Corp has some characteristics of a very speculative penny stock | |
| Sphere 3D Corp has high historical volatility and very poor performance | |
| Sphere 3D Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 21.91 M. Reported Net Loss for the year was (23.41 M) with profit before taxes, overhead, and interest of 5.78 M. | |
| Sphere 3D Corp has about 10.72 M in cash with (6.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Sphere 3D Corp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Sphere 3D stock hits 52-week low at 0.59 amid market challenges - Investing.com |
Sphere 3D uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sphere 3D Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sphere 3D's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Sphere 3D's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sphere 3D is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sphere 3D Corp backward and forwards among themselves. Sphere 3D's institutional investor refers to the entity that pools money to purchase Sphere 3D'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 | |||
| Simplex Trading, Llc | 2024-12-31 | 19.5 K | |
| Vantage Financial Partners, Llc | 2024-12-31 | 19.1 K | |
| Mariner Wealth Advisors Llc | 2024-12-31 | 12.3 K | |
| Hrt Financial Llc | 2024-12-31 | 10.7 K | |
| Federation Des Caisses Desjardins Du Quebec | 2024-12-31 | 5 K | |
| Jpmorgan Chase & Co | 2024-12-31 | 4.1 K | |
| Sbi Securities Co Ltd | 2024-12-31 | 3.5 K | |
| Tower Research Capital Llc | 2024-12-31 | 2.6 K | |
| Steward Partners Investment Advisory, Llc | 2024-12-31 | 571 | |
| Armistice Capital, Llc | 2024-12-31 | 2.2 M | |
| Vanguard Group Inc | 2024-12-31 | 450 K |
Follow Sphere 3D's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 15.02 M.Market Cap |
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Project Sphere 3D's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.66) | (0.69) | |
| Return On Capital Employed | (0.86) | (0.90) | |
| Return On Assets | (0.59) | (0.62) | |
| Return On Equity | (0.67) | (0.70) |
When accessing Sphere 3D's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Sphere 3D'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 Sphere 3D's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Sphere 3D's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sphere 3D Corp. Check Sphere 3D's Beneish M Score to see the likelihood of Sphere 3D's management manipulating its earnings.
Evaluate Sphere 3D's management efficiency
Sphere 3D Corp has Return on Asset of (0.1901) % which means that on every $100 spent on assets, it lost $0.1901. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2495) %, meaning that it generated no profit with money invested by stockholders. Sphere 3D's management efficiency ratios could be used to measure how well Sphere 3D manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.69 in 2025. Return On Capital Employed is likely to drop to -0.9 in 2025. At this time, Sphere 3D's Total Assets are fairly stable compared to the past year. Other Current Assets is likely to rise to about 15.6 M in 2025, whereas Non Currrent Assets Other are likely to drop slightly above 2.9 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.82 | 3.63 | |
| Net Current Asset Value | 101.8 K | 90.5 K | |
| Tangible Asset Value | 101.8 K | 90.5 K | |
| Tangible Book Value Per Share | 3.39 | 3.56 | |
| Enterprise Value Over EBITDA | (2.24) | (2.35) | |
| Price Book Value Ratio | 1.15 | 1.09 | |
| Enterprise Value Multiple | (2.24) | (2.35) | |
| Price Fair Value | 1.15 | 1.09 | |
| Enterprise Value | 35.7 M | 18.9 M |
Leadership effectiveness at Sphere 3D Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 0.7221 | Revenue | Quarterly Revenue Growth (0.59) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sphere 3D insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sphere 3D'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 Sphere 3D 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.
Sphere 3D time-series forecasting models is one of many Sphere 3D'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 Sphere 3D'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.
Sphere 3D Earnings per Share Projection vs Actual
Sphere 3D Corporate Executives
Elected by the shareholders, the Sphere 3D's board of directors comprises two types of representatives: Sphere 3D inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sphere. The board's role is to monitor Sphere 3D's management team and ensure that shareholders' interests are well served. Sphere 3D's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sphere 3D's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kurt Kalbfleisch | CFO and Sr. VP | Profile |
Already Invested in Sphere 3D Corp?
The danger of trading Sphere 3D Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sphere 3D is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sphere 3D. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sphere 3D Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Sphere Stock Analysis
When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.