Goldenstone Acquisition Price To Book vs. Cash And Equivalents

GDST Stock  USD 11.20  0.00  0.00%   
Considering Goldenstone Acquisition's profitability and operating efficiency indicators, Goldenstone Acquisition's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Goldenstone Acquisition's ability to earn profits and add value for shareholders. At this time, Goldenstone Acquisition's Interest Debt Per Share is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 52.17 in 2024, whereas Free Cash Flow Yield is likely to drop (0.01) in 2024.
For Goldenstone Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goldenstone Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Goldenstone Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goldenstone Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Goldenstone Acquisition over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody Banks 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 Goldenstone Acquisition. If investors know Goldenstone 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 Goldenstone Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Earnings Share
0.23
Return On Assets
(0.02)
Return On Equity
0.4755
The market value of Goldenstone Acquisition is measured differently than its book value, which is the value of Goldenstone that is recorded on the company's balance sheet. Investors also form their own opinion of Goldenstone Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Goldenstone Acquisition's 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 Goldenstone Acquisition's market value can be influenced by many factors that don't directly affect Goldenstone Acquisition's 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 Goldenstone Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldenstone Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldenstone Acquisition's 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.

Goldenstone Acquisition Cash And Equivalents vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Goldenstone Acquisition's current stock value. Our valuation model uses many indicators to compare Goldenstone Acquisition value to that of its competitors to determine the firm's financial worth.
Goldenstone Acquisition is rated # 2 in price to book category among its peers. It is rated # 3 in cash and equivalents category among its peers creating about  199,046  of Cash And Equivalents per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value Goldenstone Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Goldenstone Cash And Equivalents vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Goldenstone Acquisition

P/B

 = 

MV Per Share

BV Per Share

 = 
3.09 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Goldenstone Acquisition

Cash

 = 

Bank Deposits

+

Liquidities

 = 
615.79 K
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Goldenstone Cash And Equivalents Comparison

Goldenstone Acquisition is currently under evaluation in cash and equivalents category among its peers.

Goldenstone Acquisition Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Goldenstone Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goldenstone Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Goldenstone Acquisition's change in net profit over the period of time. It can combine multiple indicators of Goldenstone Acquisition, 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 ReportedProjected for Next Year
Operating Income-847.1 K-804.8 K
Income Before Tax2.2 M2.3 M
Total Other Income Expense Net3.1 M3.2 M
Net Income Applicable To Common Shares167.3 K175.7 K
Net Income1.6 M1.7 M
Income Tax Expense616.2 K647 K
Net Interest Income2.9 M1.6 M
Interest Income2.9 M1.6 M
Net Income From Continuing Ops1.6 M1.7 M
Non Operating Income Net Other1.3 M1.2 M
Change To Netincome55.3 K58 K
Net Income Per Share 0.22  0.23 
Income Quality(0.67)(0.71)
Net Income Per E B T 0.72  0.74 

Goldenstone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Goldenstone Acquisition. 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 Goldenstone Acquisition 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 Goldenstone Acquisition's important profitability drivers and their relationship over time.

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Alcohol
Alcohol Theme
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 37 constituents at this time.
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Additional Tools for Goldenstone Stock Analysis

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