Sharps Technology Revenue vs. Total Debt
| STSS Stock | USD 3.53 0.06 1.73% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 87 K |
For Sharps Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sharps Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sharps Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sharps Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sharps Technology over time as well as its relative position and ranking within its peers.
Sharps |
Is Health Care Equipment & Supplies 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 Sharps Technology. If investors know Sharps 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 Sharps Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.24) | Return On Assets (0.52) | Return On Equity (1.03) |
The market value of Sharps Technology is measured differently than its book value, which is the value of Sharps that is recorded on the company's balance sheet. Investors also form their own opinion of Sharps Technology's value that differs from its market value or its book value, called intrinsic value, which is Sharps Technology'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 Sharps Technology's market value can be influenced by many factors that don't directly affect Sharps Technology'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 Sharps Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sharps Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sharps Technology'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.
Sharps Technology Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sharps Technology's current stock value. Our valuation model uses many indicators to compare Sharps Technology value to that of its competitors to determine the firm's financial worth. Sharps Technology is currently under evaluation in revenue category among its peers. It is rated below average in total debt category among its peers . At this time, Sharps Technology's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sharps Technology 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.Sharps Revenue vs. Competition
Sharps Technology is currently under evaluation in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 367.69 Million. Sharps Technology adds roughly 0.0 in revenue claiming only tiny portion of equities under Health Care industry.
Sharps Total Debt vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Sharps Technology |
| = | null |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Sharps Technology |
| = | 3.85 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Sharps Total Debt vs Competition
Sharps Technology is rated below average in total debt category among its peers. Total debt of Health Care industry is at this time estimated at about 81.66 Million. Sharps Technology holds roughly 3.85 Million in total debt claiming about 5% of equities under Health Care industry.
Sharps Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sharps Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sharps Technology will eventually generate negative long term returns. The profitability progress is the general direction of Sharps Technology's change in net profit over the period of time. It can combine multiple indicators of Sharps Technology, 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 | ||
| Accumulated Other Comprehensive Income | 591.8 K | 621.4 K | |
| Operating Income | -10.1 M | -9.6 M | |
| Income Before Tax | -9.9 M | -9.4 M | |
| Net Loss | -9.8 M | -9.3 M | |
| Income Tax Expense | -30 K | -31.5 K | |
| Total Other Income Expense Net | 255 K | 242.3 K | |
| Net Loss | -4.2 M | -4.4 M | |
| Net Interest Income | 108.7 K | 114.1 K | |
| Net Loss | -7.6 M | -8 M | |
| Change To Netincome | 1.6 M | 832.2 K | |
| Net Loss | (0.76) | (0.72) | |
| Income Quality | 0.86 | 0.72 | |
| Net Income Per E B T | 1.00 | 0.79 |
Sharps Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sharps Technology. 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 Sharps Technology 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 Sharps Technology's important profitability drivers and their relationship over time.
Use Sharps Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sharps Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sharps Technology will appreciate offsetting losses from the drop in the long position's value.Sharps Technology Pair Trading
Sharps Technology Pair Trading Analysis
The ability to find closely correlated positions to Sharps Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sharps Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sharps Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sharps Technology to buy it.
The correlation of Sharps Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sharps Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sharps Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sharps Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sharps Technology position
In addition to having Sharps Technology 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 Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Sharps Stock Analysis
When running Sharps Technology's price analysis, check to measure Sharps Technology'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 Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.