Noritz Analysis
Noritz holds a debt-to-equity ratio of 0.007. Noritz's financial risk is the risk to Noritz stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Noritz'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. Noritz'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 Noritz Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Noritz's stakeholders.
For most companies, including Noritz, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Noritz, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Noritz'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 Noritz'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 Noritz 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 Noritz to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Noritz is said to be less leveraged. If creditors hold a majority of Noritz's assets, the Company is said to be highly leveraged.
Noritz is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Noritz pink sheet analysis is to determine its intrinsic value, which is an estimate of what Noritz is worth, separate from its market price. There are two main types of Noritz's stock analysis: fundamental analysis and technical analysis.
The Noritz pink sheet is traded in the USA on PINK 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Noritz's ongoing operational relationships across important fundamental and technical indicators.
Noritz |
Noritz Pink Sheet Analysis Notes
About 30.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.74. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Noritz last dividend was issued on the 29th of December 2022. The entity had 11:10 split on the 27th of December 1994. Noritz Corporation develops, manufactures, and sells various water heaters worldwide. Noritz Corporation was founded in 1951 and is headquartered in Kobe, Japan. Noritz Corp is traded on OTC Exchange in the United States.The quote for Noritz is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Noritz learn more at https://www.noritzglobal.com.Noritz Investment Alerts
| Noritz is not yet fully synchronised with the market data | |
| Noritz has some characteristics of a very speculative penny stock | |
| Noritz has a very high chance of going through financial distress in the upcoming years | |
| About 30.0% of the company outstanding shares are owned by corporate insiders |
Noritz Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 501.44 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Noritz's market, we take the total number of its shares issued and multiply it by Noritz'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.Noritz Profitablity
The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. 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 income of $0.01.Noritz Debt to Cash Allocation
Many companies such as Noritz, 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.
Noritz has accumulated 40 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Noritz has a current ratio of 1.85, which is within standard range for the sector. Debt can assist Noritz until it has trouble settling it off, either with new capital or with free cash flow. So, Noritz'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 Noritz sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Noritz to invest in growth at high rates of return. When we think about Noritz's use of debt, we should always consider it together with cash and equity.Noritz 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 Noritz's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Noritz, which in turn will lower the firm's financial flexibility.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Noritz to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Analyzer Now
Portfolio AnalyzerPortfolio analysis module that provides access to portfolio diagnostics and optimization engine |
| All Next | Launch Module |
Check out Correlation Analysis 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 nation. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Noritz Pink Sheet
If you are still planning to invest in Noritz 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 Noritz's history and understand the potential risks before investing.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |