Solitron Devices Current Valuation vs. Cash And Equivalents
| SODI Stock | USD 15.62 0.38 2.38% |
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 Cash And Equivalents vs. Current Valuation 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 current valuation category among its peers. It also is rated below average in cash and equivalents category among its peers creating about 0.24 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for Solitron Devices is roughly 4.09 . 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 Current Valuation vs. Competition
Solitron Devices is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 41.81 Billion. Solitron Devices adds roughly 17.92 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
Solitron Cash And Equivalents 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.
Solitron Devices |
| = | 17.92 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.
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).
Solitron Cash And Equivalents Comparison
Solitron Devices is currently under evaluation in cash and equivalents 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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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.