Backstageplay Stock Analysis

PRYNF Stock  USD 0.05  0.00  0.00%   
Backstageplay has over 0.0 in debt which may indicate that it relies heavily on debt financing. Backstageplay's financial risk is the risk to Backstageplay stockholders that is caused by an increase in debt.
Given that Backstageplay'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 Backstageplay 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 Backstageplay to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Backstageplay is said to be less leveraged. If creditors hold a majority of Backstageplay's assets, the Company is said to be highly leveraged.
Backstageplay is overvalued with Real Value of 0.0412 and Hype Value of 0.049. The main objective of Backstageplay pink sheet analysis is to determine its intrinsic value, which is an estimate of what Backstageplay is worth, separate from its market price. There are two main types of Backstageplay's stock analysis: fundamental analysis and technical analysis.
The Backstageplay 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 Backstageplay's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Backstageplay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Backstageplay Pink Sheet Analysis Notes

About 53.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.01. Backstageplay last dividend was issued on the 25th of February 2020. The entity had 1:2 split on the 25th of February 2020. Backstageplay Inc., an internet entertainment and marketing company, engages in online gaming platform business. The company was formerly known as Oramericas Corp. and changed its name to Backstageplay Inc. in February 2016. Backstageplay is traded on OTC Exchange in the United States.The quote for Backstageplay 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 Backstageplay contact BA LLB at 604 241 8400 or learn more at https://www.backstageplay.com.

Backstageplay Investment Alerts

Backstageplay generated a negative expected return over the last 90 days
Backstageplay has some characteristics of a very speculative penny stock
The company has a current ratio of 0.47, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Backstageplay until it has trouble settling it off, either with new capital or with free cash flow. So, Backstageplay'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 Backstageplay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Backstageplay to invest in growth at high rates of return. When we think about Backstageplay's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (195.41 K) with loss before overhead, payroll, taxes, and interest of (12.15 K).
Backstageplay has accumulated about 120.48 K in cash with (86.41 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 53.0% of the company outstanding shares are owned by corporate insiders
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Backstageplay Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Backstageplay's market, we take the total number of its shares issued and multiply it by Backstageplay'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.

Technical Drivers

In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Backstageplay, as well as the relationship between them.

Backstageplay Price Movement Analysis

Execute Study
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Backstageplay Outstanding Bonds

Backstageplay 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. Backstageplay 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 Backstageplay bonds can be classified according to their maturity, which is the date when Backstageplay 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.

Backstageplay Debt to Cash Allocation

Many companies such as Backstageplay, 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.
The company has a current ratio of 0.47, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Backstageplay until it has trouble settling it off, either with new capital or with free cash flow. So, Backstageplay'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 Backstageplay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Backstageplay to invest in growth at high rates of return. When we think about Backstageplay's use of debt, we should always consider it together with cash and equity.

Backstageplay 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 Backstageplay's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Backstageplay, which in turn will lower the firm's financial flexibility.

Backstageplay Corporate Bonds Issued

Most Backstageplay bonds can be classified according to their maturity, which is the date when Backstageplay 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.

About Backstageplay Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Backstageplay 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 Backstageplay shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Backstageplay. By using and applying Backstageplay Pink Sheet analysis, traders can create a robust methodology for identifying Backstageplay entry and exit points for their positions.
Backstageplay Inc., an internet entertainment and marketing company, engages in online gaming platform business. The company was formerly known as Oramericas Corp. and changed its name to Backstageplay Inc. in February 2016. Backstageplay is traded on OTC Exchange in the United States.

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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 Backstageplay to your portfolios without increasing risk or reducing expected return.

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