Abits Net Worth
Abits Net Worth Breakdown | ABTS |
Abits Net Worth Analysis
Abits' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Abits' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Abits' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Abits' net worth analysis. One common approach is to calculate Abits' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Abits' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Abits' net worth. This approach calculates the present value of Abits' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Abits' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Abits' net worth. This involves comparing Abits' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Abits' net worth relative to its peers.
Enterprise Value |
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To determine if Abits is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Abits' net worth research are outlined below:
| Abits Group is way too risky over 90 days horizon | |
| Abits Group appears to be risky and price may revert if volatility continues | |
| Abits Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 6.71 M. Net Loss for the year was (909.66 K) with profit before overhead, payroll, taxes, and interest of 3.38 M. | |
| About 28.0% of the company shares are held by company insiders | |
| Latest headline from globenewswire.com: Securities Fraud Investigation Into Neogen Corporation Continues Investors Who Lost Money Urged To Contact Glancy Prongay Murray LLP, a Leading Securities Fraud Law Firm |
Abits uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Abits Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Abits' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 10th of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Follow Abits' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.16 M.Market Cap |
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Project Abits' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.09) | |
| Return On Capital Employed | 0.33 | 0.31 | |
| Return On Assets | (0.08) | (0.09) | |
| Return On Equity | (0.09) | (0.09) |
When accessing Abits' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Abits' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Abits' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Abits' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Abits Group. Check Abits' Beneish M Score to see the likelihood of Abits' management manipulating its earnings.
Evaluate Abits' management efficiency
Abits Group has return on total asset (ROA) of (0.0705) % which means that it has lost $0.0705 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0839) %, meaning that it created substantial loss on money invested by shareholders. Abits' management efficiency ratios could be used to measure how well Abits manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.09 in 2025. Return On Capital Employed is likely to drop to 0.31 in 2025. At this time, Abits' Total Current Assets are comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 0.75 in 2025, whereas Non Current Assets Total are likely to drop slightly above 6.7 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.38 | 4.60 | |
| Tangible Book Value Per Share | 4.27 | 4.48 | |
| Enterprise Value Over EBITDA | 0.28 | 0.29 | |
| Price Book Value Ratio | 0.16 | 0.17 | |
| Enterprise Value Multiple | 0.28 | 0.29 | |
| Price Fair Value | 0.16 | 0.17 | |
| Enterprise Value | 514.1 K | 488.4 K |
Understanding the operational decisions made by Abits management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 1.4974 | Revenue | Quarterly Revenue Growth 0.817 | Revenue Per Share | Return On Equity |
Abits Earnings per Share Projection vs Actual
Abits Corporate Executives
Elected by the shareholders, the Abits' board of directors comprises two types of representatives: Abits inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Abits. The board's role is to monitor Abits' management team and ensure that shareholders' interests are well served. Abits' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Abits' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wanhong Tan | CFO Secretary | Profile |
Already Invested in Abits Group?
The danger of trading Abits Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Abits is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Abits. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Abits Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Abits Stock Analysis
When running Abits' price analysis, check to measure Abits' 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 Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.