Innovative Eyewear Stock Net Asset
| LUCY Stock | USD 0.20 0.04 16.67% |
Innovative Eyewear fundamentals help investors to digest information that contributes to Innovative Eyewear's financial success or failures. It also enables traders to predict the movement of Innovative Stock. The fundamental analysis module provides a way to measure Innovative Eyewear's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovative Eyewear stock.
Innovative | Net Asset |
Innovative Eyewear Company Net Asset Analysis
Innovative Eyewear's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Innovative Eyewear Net Asset | 6.22 M |
Most of Innovative Eyewear's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovative Eyewear is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Innovative Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Innovative Eyewear is extremely important. It helps to project a fair market value of Innovative Stock properly, considering its historical fundamentals such as Net Asset. Since Innovative Eyewear's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innovative Eyewear's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innovative Eyewear's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Innovative Total Assets
Total Assets |
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Based on the recorded statements, Innovative Eyewear has a Net Asset of 6.22 M. This is much higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
Innovative Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovative Eyewear's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovative Eyewear could also be used in its relative valuation, which is a method of valuing Innovative Eyewear by comparing valuation metrics of similar companies.Innovative Eyewear is currently under evaluation in net asset category among related companies.
Innovative Fundamentals
| Return On Equity | -1.39 | ||||
| Return On Asset | -0.79 | ||||
| Operating Margin | (4.13) % | ||||
| Current Valuation | (1.71 M) | ||||
| Shares Outstanding | 13.25 M | ||||
| Shares Owned By Insiders | 39.16 % | ||||
| Shares Owned By Institutions | 0.93 % | ||||
| Number Of Shares Shorted | 36.97 K | ||||
| Price To Book | 0.64 X | ||||
| Price To Sales | 3.08 X | ||||
| Revenue | 1.15 M | ||||
| Gross Profit | 148.25 K | ||||
| EBITDA | (6.82 M) | ||||
| Net Income | (6.66 M) | ||||
| Cash And Equivalents | 34.88 K | ||||
| Total Debt | 61.36 K | ||||
| Current Ratio | 0.34 X | ||||
| Book Value Per Share | 0.43 X | ||||
| Cash Flow From Operations | (5.77 M) | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (0.63) X | ||||
| Target Price | 1.0 | ||||
| Number Of Employees | 11 | ||||
| Market Capitalization | 2.64 M | ||||
| Total Asset | 6.22 M | ||||
| Retained Earnings | (16.97 M) | ||||
| Working Capital | 4.99 M | ||||
| Current Asset | 7.51 M | ||||
| Current Liabilities | 5.78 M | ||||
| Net Asset | 6.22 M |
About Innovative Eyewear Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovative Eyewear's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovative Eyewear using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovative Eyewear based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Innovative Eyewear Piotroski F Score and Innovative Eyewear Altman Z Score analysis. For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.Note that the Innovative Eyewear information on this page should be used as a complementary analysis to other Innovative Eyewear's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Innovative Stock analysis
When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear's 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 Innovative Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.
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Is Innovative Eyewear's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovative Eyewear. If investors know Innovative will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovative Eyewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.63) | Revenue Per Share 0.11 | Quarterly Revenue Growth 8.181 | Return On Assets (0.79) | Return On Equity (1.39) |
The market value of Innovative Eyewear is measured differently than its book value, which is the value of Innovative that is recorded on the company's balance sheet. Investors also form their own opinion of Innovative Eyewear's value that differs from its market value or its book value, called intrinsic value, which is Innovative Eyewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovative Eyewear's market value can be influenced by many factors that don't directly affect Innovative Eyewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovative Eyewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovative Eyewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovative Eyewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.