IsoRay Inc Financials
| ISRDelisted Stock | USD 0.38 0.01 2.70% |
With this module, you can analyze IsoRay financials for your investing period. You should be able to track the changes in IsoRay individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
IsoRay |
Understanding current and past IsoRay Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IsoRay's financial statements are interrelated, with each one affecting the others. For example, an increase in IsoRay's assets may result in an increase in income on the income statement.
The data published in IsoRay's official financial statements usually reflect IsoRay's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of IsoRay Inc. For example, before you start analyzing numbers published by IsoRay accountants, it's critical to develop an understanding of what IsoRay's liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of IsoRay's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IsoRay's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in IsoRay's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of IsoRay Inc. Please utilize our Beneish M Score to check the likelihood of IsoRay's management manipulating its earnings.
IsoRay Stock Summary
IsoRay competes with Arcimoto, Rocky Brands, Gentex, PACCAR, and Marine Products. Isoray, Inc., together with its subsidiaries, develops, manufactures, sells, and markets isotope-based medical products and devices for the treatment of cancer and other malignant diseases in the United States and internationally. Isoray, Inc. was founded in 1998 and is based in Richland, Washington. Isoray operates under Medical Devices classification in the United States and is traded on AMEX Exchange. It employs 66 people.| Instrument | USA Stock View All |
| Exchange | NYSE MKT Exchange |
| ISIN | US46489V1044 |
| Business Address | 350 Hills Street, |
| Sector | Biotechnology |
| Industry | Health Care |
| Benchmark | NYSE Composite |
| Website | isoray.com |
| Phone | 509 375 1202 |
| Currency | USD - US Dollar |
You should never invest in IsoRay without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IsoRay Stock, because this is throwing your money away. Analyzing the key information contained in IsoRay's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
IsoRay Key Financial Ratios
Generally speaking, IsoRay's financial ratios allow both analysts and investors to convert raw data from IsoRay's financial statements into concise, actionable information that can be used to evaluate the performance of IsoRay over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that IsoRay Inc reports annually and quarterly.IsoRay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IsoRay's current stock value. Our valuation model uses many indicators to compare IsoRay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IsoRay competition to find correlations between indicators driving IsoRay's intrinsic value. More Info.IsoRay Inc is currently regarded as number one stock in return on equity category among related companies. It is currently regarded as number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value IsoRay by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IsoRay's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IsoRay's earnings, one of the primary drivers of an investment's value.IsoRay Market Pulse
| Quote | 0.38 |
| Change(%) | 2.70 |
| Change | 0.01 |
| Open | 0.37 |
| Low | 0.36 |
| High | 0.39 |
| Volume | 0 |
| Exchange | NYSE MKT |
About IsoRay Financials
What exactly are IsoRay Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include IsoRay's income statement, its balance sheet, and the statement of cash flows. Potential IsoRay investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IsoRay investors may use each financial statement separately, they are all related. The changes in IsoRay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IsoRay's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze IsoRay Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as IsoRay is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of IsoRay has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if IsoRay's financials are consistent with your investment objective using the following steps:- Review IsoRay's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand IsoRay's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare IsoRay's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if IsoRay's stock is overvalued or undervalued.
IsoRay April 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IsoRay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IsoRay Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of IsoRay Inc based on widely used predictive technical indicators. In general, we focus on analyzing IsoRay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IsoRay's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.95 | |||
| Information Ratio | 0.0681 | |||
| Maximum Drawdown | 27.97 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in IsoRay Stock
If you are still planning to invest in IsoRay Inc 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 IsoRay's history and understand the potential risks before investing.
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