SurgePays Warrant Cash Per Share vs. Total Debt
| SURGWDelisted Stock | USD 0.01 0.0005 6.10% |
For SurgePays Warrant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SurgePays Warrant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SurgePays Warrant utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SurgePays Warrant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SurgePays Warrant over time as well as its relative position and ranking within its peers.
SurgePays |
SurgePays Warrant Total Debt vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SurgePays Warrant's current stock value. Our valuation model uses many indicators to compare SurgePays Warrant value to that of its competitors to determine the firm's financial worth. SurgePays Warrant is rated third in cash per share category among its peers. It is rated second in total debt category among its peers making up about 30,247,217 of Total Debt per Cash Per Share. Comparative valuation analysis is a catch-all technique that is used if you cannot value SurgePays Warrant 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.SurgePays Total Debt vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
SurgePays Warrant |
| = | 0.18 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
SurgePays Warrant |
| = | 5.44 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.
SurgePays Total Debt vs Competition
SurgePays Warrant is rated second in total debt category among its peers. Total debt of Information Technology industry is at this time estimated at about 45.96 Million. SurgePays Warrant retains roughly 5.44 Million in total debt claiming about 12% of equities under Information Technology industry.
SurgePays Warrant Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SurgePays Warrant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SurgePays Warrant will eventually generate negative long term returns. The profitability progress is the general direction of SurgePays Warrant's change in net profit over the period of time. It can combine multiple indicators of SurgePays Warrant, 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.
SurgePays, Inc., through its subsidiaries, provides telecommunication services in the United States. The company was formerly known as Surge Holdings, Inc. and changed its name to SurgePays, Inc. in November 2020. Surgepays Inc operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 30 people.
SurgePays Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SurgePays Warrant. 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 SurgePays Warrant 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 SurgePays Warrant's important profitability drivers and their relationship over time.
Use SurgePays Warrant 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 SurgePays Warrant 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 SurgePays Warrant will appreciate offsetting losses from the drop in the long position's value.SurgePays Warrant Pair Trading
SurgePays Warrant Pair Trading Analysis
The ability to find closely correlated positions to SurgePays Warrant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SurgePays Warrant 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 SurgePays Warrant - 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 SurgePays Warrant to buy it.
The correlation of SurgePays Warrant 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 SurgePays Warrant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SurgePays Warrant 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 SurgePays Warrant 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 SurgePays Warrant position
In addition to having SurgePays Warrant 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 Cryptocurrency Thematic Idea Now
Cryptocurrency
Dynamically computed list of top cryptocurrencies sorted bymarket capitalization. The Cryptocurrency theme has 50 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 Cryptocurrency Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map 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 price. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in SurgePays Stock
If you are still planning to invest in SurgePays Warrant check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SurgePays Warrant's history and understand the potential risks before investing.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |