Goodtech (Norway) Analysis
| GOD Stock | NOK 9.50 0.08 0.84% |
Goodtech has over 38.33 Million in debt which may indicate that it relies heavily on debt financing. Goodtech's financial risk is the risk to Goodtech stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Goodtech'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. Goodtech'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 Goodtech Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Goodtech's stakeholders.
For most companies, including Goodtech, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Goodtech, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Goodtech'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 Goodtech'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 Goodtech 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 Goodtech to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Goodtech is said to be less leveraged. If creditors hold a majority of Goodtech's assets, the Company is said to be highly leveraged.
Goodtech is overvalued with Real Value of 7.96 and Hype Value of 9.5. The main objective of Goodtech stock analysis is to determine its intrinsic value, which is an estimate of what Goodtech is worth, separate from its market price. There are two main types of Goodtech's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Goodtech's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Goodtech's stock to identify patterns and trends that may indicate its future price movements.
The Goodtech stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Goodtech |
Goodtech Stock Analysis Notes
About 61.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goodtech recorded a loss per share of 0.45. The entity last dividend was issued on the 28th of April 2014. The firm had 1:10 split on the 7th of May 2012. It designs and supplies turnkey systems to convert and modernize existing systems, such as operator, process safety, industrial IT, and control systems and provides service and support in infrastructure, logistics, and gas and oil sectors, as well as for production, power, and heating distribution systems. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange. To learn more about Goodtech call the company at 47 81 56 86 00 or check out https://www.goodtech.no.Goodtech Investment Alerts
| The company reported the revenue of 536.02 M. Net Loss for the year was (16.48 M) with profit before overhead, payroll, taxes, and interest of 334.87 M. | |
| About 61.0% of the company shares are held by company insiders |
Goodtech Thematic Classifications
In addition to having Goodtech stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ITInformation technology and IT services |
Goodtech Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 216.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodtech's market, we take the total number of its shares issued and multiply it by Goodtech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Goodtech Profitablity
Goodtech's profitability indicators refer to fundamental financial ratios that showcase Goodtech's ability to generate income relative to its revenue or operating costs. If, let's say, Goodtech is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Goodtech's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Goodtech's profitability requires more research than a typical breakdown of Goodtech's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.01) %, 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 (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01. Technical Drivers
As of the 28th of January, Goodtech retains the Downside Deviation of 1.63, risk adjusted performance of 0.0519, and Market Risk Adjusted Performance of (0.18). Goodtech technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Goodtech value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Goodtech is priced fairly, providing market reflects its last-minute price of 9.5 per share.Goodtech Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Moving Average is predictive technique used to analyze Goodtech price data points by creating a series of averages of different subsets of Goodtech entire price series.
Goodtech Outstanding Bonds
Goodtech 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. Goodtech 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 Goodtech bonds can be classified according to their maturity, which is the date when Goodtech 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.
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Goodtech Predictive Daily Indicators
Goodtech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Goodtech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Goodtech Forecast Models
Goodtech's time-series forecasting models are one of many Goodtech's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Goodtech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Goodtech Debt to Cash Allocation
Many companies such as Goodtech, 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.
Goodtech has accumulated 38.33 M in total debt with debt to equity ratio (D/E) of 18.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goodtech has a current ratio of 1.04, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Goodtech until it has trouble settling it off, either with new capital or with free cash flow. So, Goodtech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goodtech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodtech to invest in growth at high rates of return. When we think about Goodtech's use of debt, we should always consider it together with cash and equity.Goodtech 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 Goodtech's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Goodtech, which in turn will lower the firm's financial flexibility.Goodtech Corporate Bonds Issued
About Goodtech Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Goodtech prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Goodtech shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Goodtech. By using and applying Goodtech Stock analysis, traders can create a robust methodology for identifying Goodtech entry and exit points for their positions.
It designs and supplies turnkey systems to convert and modernize existing systems, such as operator, process safety, industrial IT, and control systems and provides service and support in infrastructure, logistics, and gas and oil sectors, as well as for production, power, and heating distribution systems. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange.
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Other Information on Investing in Goodtech Stock
Goodtech financial ratios help investors to determine whether Goodtech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodtech with respect to the benefits of owning Goodtech security.