Avantax Financials
Based on the key measurements obtained from Avantax's financial statements, Avantax is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
Avantax |
Understanding current and past Avantax Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avantax's financial statements are interrelated, with each one affecting the others. For example, an increase in Avantax's assets may result in an increase in income on the income statement.
Please note, the presentation of Avantax'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, Avantax's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Avantax's management manipulating its earnings.
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US0952291005 |
| Business Address | 3200 Olympus Blvd, |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.blucora.com |
| Phone | 972 870 6400 |
Avantax Key Financial Ratios
| Return On Equity | 6.0E-4 | |||
| Return On Asset | 0.0277 | |||
| Target Price | 28.67 | |||
| Number Of Employees | 727 | |||
| Beta | 1.09 |
Avantax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avantax's current stock value. Our valuation model uses many indicators to compare Avantax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avantax competition to find correlations between indicators driving Avantax's intrinsic value. More Info.Avantax is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers reporting about 46.17 of Return On Asset per Return On Equity. 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 Avantax's earnings, one of the primary drivers of an investment's value.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Avantax Stock
If you are still planning to invest in Avantax 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 Avantax's history and understand the potential risks before investing.
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