ALR Technologies Shares Outstanding vs. Gross Profit

ALRTF Stock   0.01  0.00  0.00%   
Based on ALR Technologies' profitability indicators, ALR Technologies may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess ALR Technologies' ability to earn profits and add value for shareholders.
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.
  
Check out Trending Equities.
Please note, there is a significant difference between ALR Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ALR Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALR Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

ALR Technologies Gross Profit vs. Shares Outstanding 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 shares outstanding category among its peers. It is rated third in gross profit category among its peers . The ratio of Shares Outstanding to Gross Profit for ALR Technologies is about  111,621 . 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 Gross Profit vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

ALR Technologies

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
551.97 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

ALR Technologies

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
4.95 K
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

ALR Gross Profit Comparison

ALR Technologies is currently under evaluation in gross profit category among its peers.

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.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in ALR Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Positions Ratings Now

   

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Use Investing Themes to Complement your ALR Technologies position

In addition to having ALR Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.
View All  Next Launch

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.
Potential ALR Technologies investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ALR Technologies investors may work on each financial statement separately, they are all related. The changes in ALR Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ALR Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.