Performance Sports Group Analysis
Performance Sports has over 425.41 Million in debt which may indicate that it relies heavily on debt financing. Performance Sports' financial risk is the risk to Performance Sports stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Performance Sports' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Performance Sports' 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 Performance Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Performance Sports' stakeholders.
For many companies, including Performance Sports, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Performance Sports Group, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Performance Sports' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Performance Sports' 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 Performance Sports 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 Performance Sports to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Performance Sports is said to be less leveraged. If creditors hold a majority of Performance Sports' assets, the Company is said to be highly leveraged.
Performance Sports Group is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Performance Sports delisted stock analysis is to determine its intrinsic value, which is an estimate of what Performance Sports Group is worth, separate from its market price. There are two main types of Performance Sports' stock analysis: fundamental analysis and technical analysis.
The Performance Sports stock is traded in the USA on New York Stock 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 Performance Sports' ongoing operational relationships across important fundamental and technical indicators.
Performance |
Performance Stock Analysis Notes
About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.43. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Performance Sports has Price/Earnings (P/E) ratio of 186.71. The entity recorded a loss per share of 4.24. The firm had not issued any dividends in recent years. Performance Sports Group Ltd., together with its subsidiaries, designs, manufactures, and distributes performance sports equipment, related apparel, and accessories for ice hockey, roller hockey, lacrosse, baseball, and softball primarily in the United States, Canada, and Europe. To find out more about Performance Sports Group contact the company at 603-610-5802 or learn more at http://www.performancesportsgroup.com.Performance Sports Investment Alerts
| Performance Sports is not yet fully synchronised with the market data | |
| Performance Sports has some characteristics of a very speculative penny stock | |
| Performance Sports has a very high chance of going through financial distress in the upcoming years | |
| Over 93.0% of the company shares are owned by institutional investors |
Performance Sports Thematic Classifications
In addition to having Performance Sports 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.
 | RecreationRecreational activity goods, foods, and accessories | |
 | Sport ProductsSporting goods sport accessories |
Performance Profitablity
The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.08 %, which entails that for every 100 dollars of revenue, it generated $0.08 of operating income.Performance Sports Debt to Cash Allocation
Many companies such as Performance Sports, 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.
Performance Sports Group has 425.41 M in debt with debt to equity (D/E) ratio of 4.21, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Performance Sports has a current ratio of 1.7, which is typical for the industry and considered as normal. That said, strategic use of leverage may enable Performance to fund expansion initiatives and generate superior returns. Performance Sports 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 Performance Sports' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Performance Sports, 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 stock analysis tools, you can find out how much better you can do when adding Performance Sports to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Bonds Directory Now
Bonds DirectoryFind actively traded corporate debentures issued by US companies |
| All Next | Launch Module |
Check out Your Equity Center 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 main economic indicators. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Performance Stock
If you are still planning to invest in Performance Sports 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 Performance Sports' history and understand the potential risks before investing.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |