ALR Technologies Book Value Per Share vs. Revenue
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For ALR Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ALR Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ALR Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ALR Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ALR Technologies over time as well as its relative position and ranking within its peers.
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ALR Technologies Revenue vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ALR Technologies's current stock value. Our valuation model uses many indicators to compare ALR Technologies value to that of its competitors to determine the firm's financial worth. ALR Technologies is number one stock in book value per share category among its peers. It is rated second in revenue category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ALR Technologies' earnings, one of the primary drivers of an investment's value.ALR Revenue vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 7.47 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
ALR Revenue vs Competition
ALR Technologies is rated second in revenue category among its peers. Market size based on revenue of Medical Devices industry is presently estimated at about 1.27 Billion. ALR Technologies adds roughly 7,468 in revenue claiming only tiny portion of all equities under Medical Devices industry.
ALR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ALR Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ALR Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ALR Technologies' important profitability drivers and their relationship over time.
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Other Information on Investing in ALR OTC Stock
To fully project ALR Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ALR Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ALR Technologies' income statement, its balance sheet, and the statement of cash flows.