Cardio Diagnostics Current Valuation vs. Return On Asset
Based on Cardio Diagnostics' profitability indicators, Cardio Diagnostics Holdings may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in December. Profitability indicators assess Cardio Diagnostics' ability to earn profits and add value for shareholders. As of the 23rd of November 2024, Price To Sales Ratio is likely to drop to 1,758. In addition to that, Days Sales Outstanding is likely to drop to 84.87. As of the 23rd of November 2024, Income Tax Expense is likely to grow to about 135.9 K, though Operating Income is likely to grow to (6.9 M).
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For Cardio Diagnostics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cardio Diagnostics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cardio Diagnostics Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cardio Diagnostics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cardio Diagnostics Holdings over time as well as its relative position and ranking within its peers.
Cardio |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardio Diagnostics. If investors know Cardio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardio Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cardio Diagnostics is measured differently than its book value, which is the value of Cardio that is recorded on the company's balance sheet. Investors also form their own opinion of Cardio Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Cardio Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardio Diagnostics' market value can be influenced by many factors that don't directly affect Cardio Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardio Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardio Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardio Diagnostics' 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.
Cardio Diagnostics Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cardio Diagnostics's current stock value. Our valuation model uses many indicators to compare Cardio Diagnostics value to that of its competitors to determine the firm's financial worth. Cardio Diagnostics Holdings is rated fourth in current valuation category among its peers. It is rated below average in return on asset category among its peers . As of the 23rd of November 2024, Return On Assets is likely to drop to -1.97. 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 Cardio Diagnostics' earnings, one of the primary drivers of an investment's value.Cardio Current Valuation vs. Competition
Cardio Diagnostics Holdings is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 1.01 Billion. Cardio Diagnostics maintains roughly 8.74 Million in current valuation contributing less than 1% to equities under Health Care industry.
Cardio Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Cardio Diagnostics |
| = | 8.74 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Cardio Diagnostics |
| = | -0.98 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cardio Return On Asset Comparison
Cardio Diagnostics is currently under evaluation in return on asset category among its peers.
Cardio Diagnostics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cardio Diagnostics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cardio Diagnostics will eventually generate negative long term returns. The profitability progress is the general direction of Cardio Diagnostics' change in net profit over the period of time. It can combine multiple indicators of Cardio Diagnostics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -7.2 M | -6.9 M | |
| Net Loss | -9.4 M | -8.9 M | |
| Income Before Tax | -8.4 M | -8 M | |
| Total Other Income Expense Net | -1.1 M | -1.1 M | |
| Net Loss | -558.4 K | -586.3 K | |
| Net Loss | -8.4 M | -8 M | |
| Income Tax Expense | 129.4 K | 135.9 K | |
| Net Interest Income | -6.7 M | -6.4 M | |
| Interest Income | 1.1 K | 587 | |
| Change To Netincome | 51 K | 48.5 K | |
| Net Loss | (0.66) | (0.69) | |
| Income Quality | 0.68 | 0.54 |
Cardio Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cardio Diagnostics. 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 Cardio Diagnostics 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 Cardio Diagnostics' important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Cardio Diagnostics position
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Other Tools for Cardio Stock
When running Cardio Diagnostics' price analysis, check to measure Cardio Diagnostics' 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 Cardio Diagnostics is operating at the current time. Most of Cardio Diagnostics' value examination focuses on studying past and present price action to predict the probability of Cardio Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardio Diagnostics' price. Additionally, you may evaluate how the addition of Cardio Diagnostics to your portfolios can decrease your overall portfolio volatility.
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