Spectra Products Stock Analysis
| SPKTF Stock | USD 0.13 0.00 0.00% |
Spectra Products holds a debt-to-equity ratio of 0.093. Spectra Products' financial risk is the risk to Spectra Products stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Spectra Products' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Spectra Products' 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 Spectra Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Spectra Products' stakeholders.
For many companies, including Spectra Products, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Spectra Products, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Spectra Products' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Spectra Products' 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 Spectra Products 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 Spectra Products to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Spectra Products is said to be less leveraged. If creditors hold a majority of Spectra Products' assets, the Company is said to be highly leveraged.
Spectra Products is overvalued with Real Value of 0.11 and Hype Value of 0.13. The main objective of Spectra Products pink sheet analysis is to determine its intrinsic value, which is an estimate of what Spectra Products is worth, separate from its market price. There are two main types of Spectra Products' stock analysis: fundamental analysis and technical analysis.
The Spectra Products 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 Spectra Products' ongoing operational relationships across important fundamental and technical indicators.
Spectra |
Spectra Pink Sheet Analysis Notes
About 25.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.33. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Spectra Products had not issued any dividends in recent years. The entity had 1:5 split on the 31st of October 2022. Spectra Products Inc. manufactures and markets bus and truck transportation safety equipment in Canada and the United States. Spectra Products Inc. was incorporated in 1994 and is based in Toronto, Canada. Spectra Prods operates under Auto Parts classification in the United States and is traded on OTC Exchange.The quote for Spectra Products 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 Spectra Products contact the company at 416 252 2355 or learn more at https://www.spectraproducts.ca.Spectra Products Investment Alerts
| Spectra Products generated a negative expected return over the last 90 days | |
| Spectra Products has some characteristics of a very speculative penny stock |
Spectra Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spectra Products's market, we take the total number of its shares issued and multiply it by Spectra Products'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.Spectra Profitablity
The company has Profit Margin (PM) of 0.13 %, 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 0.2 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.2.Technical Drivers
In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spectra Products, as well as the relationship between them.Spectra Products Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Spectra Products middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Spectra Products. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Spectra Products Outstanding Bonds
Spectra Products 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. Spectra Products 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 Spectra bonds can be classified according to their maturity, which is the date when Spectra Products 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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Spectra Products Debt to Cash Allocation
Many companies such as Spectra Products, 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.
Spectra Products has accumulated 163.93 K in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Spectra Products has a current ratio of 14.18, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Spectra Products until it has trouble settling it off, either with new capital or with free cash flow. So, Spectra Products' 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 Spectra Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectra to invest in growth at high rates of return. When we think about Spectra Products' use of debt, we should always consider it together with cash and equity.Spectra Products 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 Spectra Products' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Spectra Products, which in turn will lower the firm's financial flexibility.Spectra Products Corporate Bonds Issued
Most Spectra bonds can be classified according to their maturity, which is the date when Spectra Products 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 Spectra Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Spectra Products 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 Spectra 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 Spectra Products. By using and applying Spectra Pink Sheet analysis, traders can create a robust methodology for identifying Spectra entry and exit points for their positions.
Spectra Products Inc. manufactures and markets bus and truck transportation safety equipment in Canada and the United States. Spectra Products Inc. was incorporated in 1994 and is based in Toronto, Canada. Spectra Prods operates under Auto Parts classification in the United States and is traded on OTC Exchange.
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When running Spectra Products' price analysis, check to measure Spectra Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectra Products is operating at the current time. Most of Spectra Products' value examination focuses on studying past and present price action to predict the probability of Spectra Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra Products' price. Additionally, you may evaluate how the addition of Spectra Products to your portfolios can decrease your overall portfolio volatility.
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