ConforMIS Analysis
ConforMIS holds a debt-to-equity ratio of 0.382. ConforMIS's financial risk is the risk to ConforMIS stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
ConforMIS's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. ConforMIS's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps ConforMIS Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect ConforMIS's stakeholders.
For many companies, including ConforMIS, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for ConforMIS, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, ConforMIS's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that ConforMIS'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 ConforMIS 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 ConforMIS to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, ConforMIS is said to be less leveraged. If creditors hold a majority of ConforMIS's assets, the Company is said to be highly leveraged.
ConforMIS is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of ConforMIS delisted stock analysis is to determine its intrinsic value, which is an estimate of what ConforMIS is worth, separate from its market price. There are two main types of ConforMIS's stock analysis: fundamental analysis and technical analysis.
The ConforMIS 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. ConforMIS 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. ConforMIS Stock trading window is adjusted to America/New York timezone.
ConforMIS |
ConforMIS Stock Analysis Notes
About 23.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.37. Some equities with similar Price to Book (P/B) outperform the market in the long run. ConforMIS has Price/Earnings To Growth (PEG) ratio of 0.21. The entity recorded a loss per share of 5.7. The firm had not issued any dividends in recent years. ConforMIS had 1:25 split on the 10th of November 2022. Conformis, Inc., a medical technology company, develops, manufactures, and sells patient-specific products and instrumentation. Conformis, Inc. was incorporated in 2004 and is headquartered in Billerica, Massachusetts. Conformis Inc operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 310 people. For more info on ConforMIS please contact Mark Augusti at 781 345 9001 or go to https://www.conformis.com.ConforMIS Investment Alerts
| ConforMIS is not yet fully synchronised with the market data | |
| ConforMIS has some characteristics of a very speculative penny stock | |
| ConforMIS has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 62.05 M. Net Loss for the year was (50.47 M) with profit before overhead, payroll, taxes, and interest of 23.21 M. | |
| ConforMIS currently holds about 72.64 M in cash with (50.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39. |
ConforMIS Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.88 M.ConforMIS Profitablity
The company has Profit Margin (PM) of (0.73) %, 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 (0.71) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.71.ConforMIS Outstanding Bonds
ConforMIS 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. ConforMIS 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 ConforMIS bonds can be classified according to their maturity, which is the date when ConforMIS 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 | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
ConforMIS Debt to Cash Allocation
Many companies such as ConforMIS, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
ConforMIS currently holds 27.5 M in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. ConforMIS has a current ratio of 5.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about ConforMIS's use of debt, we should always consider it together with its cash and equity.ConforMIS 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 ConforMIS's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of ConforMIS, which in turn will lower the firm's financial flexibility.ConforMIS Corporate Bonds Issued
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Other Consideration for investing in ConforMIS Stock
If you are still planning to invest in ConforMIS 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 ConforMIS's history and understand the potential risks before investing.
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