Idex Biometrics ASA Financials

Based on the key indicators related to Idex Biometrics' liquidity, profitability, solvency, and operating efficiency, Idex Biometrics ASA is not in a good financial situation at the moment. It has a very high risk of going through financial straits in March.
  
Understanding current and past Idex Biometrics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Idex Biometrics' financial statements are interrelated, with each one affecting the others. For example, an increase in Idex Biometrics' assets may result in an increase in income on the income statement.
Please note, the presentation of Idex Biometrics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Idex Biometrics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Idex Biometrics' management manipulating its earnings.

Idex Biometrics Stock Summary

Idex Biometrics competes with WonderFi Technologies, Oblong, Where Food, EGain, and Research Solutions. IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway. IDEX Biometrics is traded on NASDAQ Exchange in the United States.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS45173W1053
Business AddressDronning Eufemias gate
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.idexbiometrics.com
Phone47 67 83 91 19
CurrencyUSD - US Dollar

Idex Biometrics Key Financial Ratios

Idex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Idex Biometrics's current stock value. Our valuation model uses many indicators to compare Idex Biometrics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Idex Biometrics competition to find correlations between indicators driving Idex Biometrics's intrinsic value. More Info.
Idex Biometrics ASA is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 Idex Biometrics' earnings, one of the primary drivers of an investment's value.
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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Other Consideration for investing in Idex Stock

If you are still planning to invest in Idex Biometrics ASA 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 Idex Biometrics' history and understand the potential risks before investing.
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