Idex Biometrics Asa Stock Current Asset
IDBADelisted Stock | USD 4.81 0.01 0.21% |
Idex Biometrics ASA fundamentals help investors to digest information that contributes to Idex Biometrics' financial success or failures. It also enables traders to predict the movement of Idex Stock. The fundamental analysis module provides a way to measure Idex Biometrics' 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 Idex Biometrics stock.
Idex |
Idex Biometrics ASA Company Current Asset Analysis
Idex Biometrics' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
CompetitionIn accordance with the recently published financial statements, Idex Biometrics ASA has a Current Asset of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Idex Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Idex Biometrics' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Idex Biometrics could also be used in its relative valuation, which is a method of valuing Idex Biometrics by comparing valuation metrics of similar companies.Idex Biometrics is currently under evaluation in current asset category among its peers.
Idex Fundamentals
Return On Equity | -1.41 | |||
Return On Asset | -0.71 | |||
Operating Margin | (6.35) % | |||
Current Valuation | 76.81 M | |||
Shares Outstanding | 17.55 M | |||
Shares Owned By Insiders | 2.28 % | |||
Shares Owned By Institutions | 0.01 % | |||
Price To Book | 9.40 X | |||
Price To Sales | 37.10 X | |||
Revenue | 4.09 M | |||
Gross Profit | 848 K | |||
EBITDA | (31.31 M) | |||
Net Income | (32.66 M) | |||
Cash And Equivalents | 16.32 M | |||
Cash Per Share | 1.21 X | |||
Total Debt | 119 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 7.85 X | |||
Book Value Per Share | 1.12 X | |||
Cash Flow From Operations | (31.9 M) | |||
Earnings Per Share | (2.43) X | |||
Target Price | 30.0 | |||
Number Of Employees | 104 | |||
Beta | 1.97 | |||
Market Capitalization | 90.79 M | |||
Total Asset | 29.02 M | |||
Working Capital | 18.8 M | |||
Net Asset | 29.02 M |
About Idex Biometrics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Idex Biometrics ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Idex Biometrics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Idex Biometrics ASA 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.
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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.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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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