Solitron Devices Cash And Equivalents vs. Price To Book
| SODI Stock | USD 16.74 0.72 4.49% |
For Solitron Devices profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solitron Devices to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solitron Devices utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solitron Devices's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solitron Devices over time as well as its relative position and ranking within its peers.
Solitron |
Solitron Devices Price To Book vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solitron Devices's current stock value. Our valuation model uses many indicators to compare Solitron Devices value to that of its competitors to determine the firm's financial worth. Solitron Devices is rated below average in cash and equivalents category among its peers. It is rated below average in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for Solitron Devices is about 2,591,716 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Solitron Devices by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solitron Devices' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Solitron Price To Book vs. Cash And Equivalents
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.
Solitron Devices |
| = | 4.38 M |
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).
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.
Solitron Devices |
| = | 1.69 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.
Solitron Price To Book Comparison
Solitron Devices is currently under evaluation in price to book category among its peers.
Solitron Devices Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solitron Devices, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solitron Devices will eventually generate negative long term returns. The profitability progress is the general direction of Solitron Devices' change in net profit over the period of time. It can combine multiple indicators of Solitron Devices, 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.
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company was incorporated in 1959 and is headquartered in West Palm Beach, Florida. Solitron Devices operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 54 people.
Solitron Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solitron Devices. 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 Solitron Devices 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 Solitron Devices' important profitability drivers and their relationship over time.
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Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 47 constituents at this time.
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Other Information on Investing in Solitron Pink Sheet
To fully project Solitron Devices' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solitron Devices 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 Solitron Devices' income statement, its balance sheet, and the statement of cash flows.