Wearable Devices Stock Cash And Equivalents
| WLDSW Stock | USD 0.06 0.01 10.65% |
Wearable Devices fundamentals help investors to digest information that contributes to Wearable Devices' financial success or failures. It also enables traders to predict the movement of Wearable Stock. The fundamental analysis module provides a way to measure Wearable Devices' 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 Wearable Devices stock.
Wearable | Cash And Equivalents |
Wearable Devices Company Cash And Equivalents Analysis
Wearable Devices' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Wearable Devices Cash And Equivalents | 1.27 M |
Most of Wearable Devices' fundamental indicators, such as Cash And Equivalents, 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, Wearable Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wearable Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Wearable Devices is extremely important. It helps to project a fair market value of Wearable Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Wearable Devices' 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 Wearable Devices' 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 Wearable Devices' interrelated accounts and indicators.
Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Wearable Devices has 1.27 M in Cash And Equivalents. This is 99.9% lower than that of the Textiles, Apparel & Luxury Goods sector and 99.99% lower than that of the Consumer Discretionary industry. The cash and equivalents for all United States stocks is 99.95% higher than that of the company.
Wearable Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wearable Devices' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics of similar companies.Wearable Devices is currently under evaluation in cash and equivalents category among related companies.
Wearable Fundamentals
| Return On Equity | -1.01 | ||||
| Return On Asset | -0.54 | ||||
| Operating Margin | (59.03) % | ||||
| Number Of Shares Shorted | 579 | ||||
| Revenue | 82 K | ||||
| EBITDA | (8.12 M) | ||||
| Net Income | (7.81 M) | ||||
| Cash And Equivalents | 1.27 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 575 K | ||||
| Current Ratio | 2.20 X | ||||
| Book Value Per Share | (0.08) X | ||||
| Cash Flow From Operations | (8.43 M) | ||||
| Number Of Employees | 29 | ||||
| Total Asset | 7.59 M | ||||
| Retained Earnings | (21.22 M) | ||||
| Working Capital | 4.96 M | ||||
| Net Asset | 7.59 M |
About Wearable Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wearable Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wearable Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wearable Devices 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wearable Devices in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wearable Devices' short interest history, or implied volatility extrapolated from Wearable Devices options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Check out Wearable Devices Piotroski F Score and Wearable Devices Altman Z Score analysis. For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Wearable Stock analysis
When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Stocks Directory Find actively traded stocks across global markets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is Wearable Devices' 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 Wearable Devices. If investors know Wearable 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 Wearable Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.005 | Quarterly Revenue Growth 3.118 | Return On Assets (0.54) | Return On Equity (1.01) |
The market value of Wearable Devices is measured differently than its book value, which is the value of Wearable that is recorded on the company's balance sheet. Investors also form their own opinion of Wearable Devices' value that differs from its market value or its book value, called intrinsic value, which is Wearable Devices' 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 Wearable Devices' market value can be influenced by many factors that don't directly affect Wearable Devices' 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 Wearable Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wearable Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wearable Devices' 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.