Based on the key indicators related to Lytus Technologies' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Lytus Technologies Holdings may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Lytus Technologies' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 10.6 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.3 M in 2024. Key indicators impacting Lytus Technologies' financial strength include:
The financial analysis of Lytus Technologies is a critical element in measuring its lifeblood. Investors should not minimize Lytus Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Please note, the imprecision that can be found in Lytus Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lytus Technologies Holdings. Check Lytus Technologies' Beneish M Score to see the likelihood of Lytus Technologies' management manipulating its earnings.
Lytus Technologies Stock Summary
Lytus Technologies competes with Salesforce, Workday, and Unity Software. Ltd., a platform services company, provides content streamingtelecasting services to users in India. The company was incorporated in 2020 and is headquartered in Mumbai, India. Lytus Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 3 people.
The reason investors look at the income statement is to determine what Lytus Technologies' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Lytus Technologies's current stock value. Our valuation model uses many indicators to compare Lytus Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lytus Technologies competition to find correlations between indicators driving Lytus Technologies's intrinsic value. More Info.
Lytus Technologies Holdings is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers . At this time, Lytus Technologies' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Lytus Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Lytus Technologies Systematic Risk
Lytus Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lytus Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Lytus Technologies correlated with the market. If Beta is less than 0 Lytus Technologies generally moves in the opposite direction as compared to the market. If Lytus Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lytus Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lytus Technologies is generally in the same direction as the market. If Beta > 1 Lytus Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Lytus Technologies is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Lytus has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Lytus Technologies' financials are consistent with your investment objective using the following steps:
Review Lytus Technologies' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
Study the cash flow inflows and outflows to understand Lytus Technologies' liquidity and solvency.
Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
Compare Lytus Technologies' financials to those of its peers to see how it stacks up and identify any potential red flags.
Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Lytus Technologies' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Lytus Technologies December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Lytus Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lytus Technologies Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lytus Technologies Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Lytus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lytus Technologies's daily price indicators and compare them against related drivers.
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.