Observe Medical Asa Stock Current Ratio
| OBSRV Stock | NOK 0.39 0.01 2.50% |
Observe Medical Asa fundamentals help investors to digest information that contributes to Observe Medical's financial success or failures. It also enables traders to predict the movement of Observe Stock. The fundamental analysis module provides a way to measure Observe Medical's 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 Observe Medical stock.
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Observe Medical Asa Company Current Ratio Analysis
Observe Medical's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Observe Medical Current Ratio | 1.22 X |
Most of Observe Medical's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Observe Medical Asa is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Observe Medical Asa has a Current Ratio of 1.22 times. This is 58.08% lower than that of the Healthcare sector and 64.12% lower than that of the Medical Devices industry. The current ratio for all Norway stocks is 43.52% higher than that of the company.
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Observe Fundamentals
| Return On Equity | -0.57 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (2.44) % | |||
| Operating Margin | (2.65) % | |||
| Current Valuation | 137.49 M | |||
| Shares Outstanding | 53.49 M | |||
| Shares Owned By Insiders | 55.17 % | |||
| Shares Owned By Institutions | 8.08 % | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 6.76 X | |||
| Revenue | 24.04 M | |||
| Gross Profit | 9.52 M | |||
| EBITDA | (19.53 M) | |||
| Net Income | (26.32 M) | |||
| Cash And Equivalents | 2.86 M | |||
| Cash Per Share | 0.72 X | |||
| Total Debt | 550 K | |||
| Debt To Equity | 4.05 % | |||
| Current Ratio | 1.22 X | |||
| Book Value Per Share | 3.01 X | |||
| Cash Flow From Operations | (22.13 M) | |||
| Earnings Per Share | (0.57) X | |||
| Number Of Employees | 14 | |||
| Beta | 1.38 | |||
| Market Capitalization | 96.55 M | |||
| Total Asset | 71.74 M | |||
| Net Asset | 71.74 M |
About Observe Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Observe Medical Asa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Observe Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Observe Medical 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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Observe Medical financial ratios help investors to determine whether Observe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Observe with respect to the benefits of owning Observe Medical security.