Absolute Software Analysis
Absolute Software's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Absolute Software's financial risk is the risk to Absolute Software stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Absolute Software's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Absolute Software is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Absolute Software to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Absolute Software is said to be less leveraged. If creditors hold a majority of Absolute Software's assets, the Company is said to be highly leveraged.
Absolute Software is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Absolute Software delisted stock analysis is to determine its intrinsic value, which is an estimate of what Absolute Software is worth, separate from its market price. There are two main types of Absolute Software's stock analysis: fundamental analysis and technical analysis.
The Absolute Software stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Absolute Software is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day ( substitute day ), Independence Day. Absolute Stock trading window is adjusted to America/New York timezone.
Absolute |
Absolute Stock Analysis Notes
About 82.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.5. Absolute Software last dividend was issued on the 10th of May 2023. The entity had 2:1 split on the 2nd of January 2008. Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. Absolute Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. For more info on Absolute Software please contact Christy Wyatt at 604-730-9851 or go to https://www.absolute.com.Absolute Software Investment Alerts
| Absolute Software is not yet fully synchronised with the market data | |
| Absolute Software has some characteristics of a very speculative penny stock | |
| Absolute Software has a very high chance of going through financial distress in the upcoming years | |
| Absolute Software currently holds 277.14 M in liabilities. Absolute Software has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Absolute Software's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 197.31 M. Net Loss for the year was (24.48 M) with profit before overhead, payroll, taxes, and interest of 160.54 M. | |
| Over 82.0% of the company shares are held by institutions such as insurance companies |
Absolute Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 613.62 M.Absolute Profitablity
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.Absolute Software Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Absolute Software insiders, such as employees or executives, is commonly permitted as long as it does not rely on Absolute Software's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Absolute Software insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Edenbrook Capital Llc over a year ago Purchase by Edenbrook Capital Llc of 10000 shares of Absolute Software | ||
Edenbrook Capital Llc over a year ago Purchase by Edenbrook Capital Llc of 23322 shares of Absolute Software |
Absolute Software Outstanding Bonds
Absolute Software issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Absolute Software uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Absolute bonds can be classified according to their maturity, which is the date when Absolute Software has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Absolute Software Debt to Cash Allocation
Absolute Software currently holds 277.14 M in liabilities. Absolute Software has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Absolute Software's use of debt, we should always consider it together with its cash and equity.Absolute Software Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Absolute Software's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Absolute Software, which in turn will lower the firm's financial flexibility.Absolute Software Corporate Bonds Issued
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Other Consideration for investing in Absolute Stock
If you are still planning to invest in Absolute Software 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 Absolute Software's history and understand the potential risks before investing.
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