Lytus Technologies Holdings Stock Today

LYT Stock  USD 1.63  0.02  1.24%   

Performance

0 of 100

 
Weak
 
Strong
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Odds Of Distress

Less than 33

 
High
 
Low
Below Average
Lytus Technologies is selling for under 1.63 as of the 25th of November 2024; that is 1.24 percent up since the beginning of the trading day. The stock's last reported lowest price was 1.55. Lytus Technologies has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Lytus Technologies Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
15th of June 2022
Category
Technology
Classification
Information Technology
Ltd., a platform services company, provides content streamingtelecasting services to users in India. The company was incorporated in 2020 and is headquartered in Mumbai, India. Lytus Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 1.86 M outstanding shares of which 56.46 K shares are now shorted by investors with about 0.6 days to cover. More on Lytus Technologies Holdings

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Lytus Stock Highlights

Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.710.6769
Sufficiently Up
Slightly volatile
Gross Profit Margin0.170.1782
Sufficiently Down
Slightly volatile
Net Debt1.9 M2.6 M
Way Down
Slightly volatile
Total Current Liabilities27.7 M14 M
Way Up
Slightly volatile
Non Current Liabilities Total1.5 M1.6 M
Notably Down
Slightly volatile
Total Assets56.7 M31.6 M
Way Up
Slightly volatile
Total Current Assets9.6 M10.1 M
Notably Down
Slightly volatile
Lytus Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lytus Technologies' financial leverage. It provides some insight into what part of Lytus Technologies' total assets is financed by creditors.
Liquidity
Lytus Technologies Holdings has 2.88 M in debt with debt to equity (D/E) ratio of 0.09, which may show that the company is not taking advantage of profits from borrowing. Lytus Technologies has a current ratio of 1.15, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Lytus to invest in growth at high rates of return.

Depreciation

880,160
Lytus Technologies Holdings (LYT) is traded on NASDAQ Exchange in USA. It is located in 1214, One BKC, Mumbai, India, 400051 and employs 6 people. Lytus Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 3.04 M. Lytus Technologies runs under Software sector within Information Technology industry. The entity has 1.86 M outstanding shares of which 56.46 K shares are now shorted by investors with about 0.6 days to cover. Lytus Technologies Holdings has about 9.09 K in cash with 886.03 K of positive cash flow from operations.
Check Lytus Technologies Probability Of Bankruptcy
Ownership Allocation
Lytus Technologies Holdings secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.76 % of Lytus Technologies Holdings outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event.
Check Lytus Ownership Details

Lytus Stock Institutional Holders

InstituionRecorded OnShares
Tower Research Capital Llc2024-06-30
2.9 K
Ubs Group Ag2024-06-30
697
Qube Research & Technologies2024-06-30
29.0
Aspire Private Capital, Llc2024-09-30
14.0
View Lytus Technologies Diagnostics

Lytus Technologies Historical Income Statement

At this time, Lytus Technologies' Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 22.4 M in 2024, whereas Interest Expense is likely to drop slightly above 430.9 K in 2024. View More Fundamentals

Lytus Stock Against Markets

Lytus Technologies Corporate Management

James TuchiUSA TelemedicineProfile
Jagjit KohliIndia DirectorProfile
Hanish TalsaniaGeneral CounselProfile
Dharmesh PandyaCEO DirectorProfile
Pannkajj DesaiChief OfficerProfile

Additional Tools for Lytus Stock Analysis

When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.