Owlet Inc Stock Current Ratio
| OWLT Stock | USD 4.15 0.07 1.66% |
Owlet Inc fundamentals help investors to digest information that contributes to Owlet's financial success or failures. It also enables traders to predict the movement of Owlet Stock. The fundamental analysis module provides a way to measure Owlet'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 Owlet stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.27 | 0.90 |
Owlet | Current Ratio |
Owlet Inc Company Current Ratio Analysis
Owlet'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 Owlet Current Ratio | 1.29 X |
Most of Owlet'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, Owlet Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Owlet Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Owlet is extremely important. It helps to project a fair market value of Owlet Stock properly, considering its historical fundamentals such as Current Ratio. Since Owlet's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Owlet's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Owlet's interrelated accounts and indicators.
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Owlet Current Ratio Historical Pattern
Today, most investors in Owlet Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Owlet's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Owlet current ratio as a starting point in their analysis.
Owlet Current Ratio |
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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).
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Owlet Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Owlet Inc has a Current Ratio of 1.29 times. This is 55.67% lower than that of the Health Care Equipment & Supplies sector and 62.06% lower than that of the Health Care industry. The current ratio for all United States stocks is 40.28% higher than that of the company.
Owlet Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Owlet's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Owlet could also be used in its relative valuation, which is a method of valuing Owlet by comparing valuation metrics of similar companies.Owlet is currently under evaluation in current ratio category among its peers.
Owlet Current Valuation Drivers
We derive many important indicators used in calculating different scores of Owlet from analyzing Owlet's financial statements. These drivers represent accounts that assess Owlet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Owlet's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 292.4M | 294.3M | 62.2M | 43.7M | 67.2M | 63.9M | |
| Enterprise Value | 304.2M | 215.7M | 67.3M | 42.4M | 54.4M | 51.6M |
Owlet ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Owlet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Owlet's managers, analysts, and investors.Environmental | Governance | Social |
Owlet Fundamentals
| Return On Equity | -9.01 | ||||
| Return On Asset | -0.24 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.36) % | ||||
| Current Valuation | 69.97 M | ||||
| Shares Outstanding | 16.57 M | ||||
| Shares Owned By Insiders | 8.07 % | ||||
| Shares Owned By Institutions | 49.59 % | ||||
| Number Of Shares Shorted | 367.24 K | ||||
| Price To Book | 12.22 X | ||||
| Price To Sales | 0.90 X | ||||
| Revenue | 78.06 M | ||||
| Gross Profit | 39.31 M | ||||
| EBITDA | (9.47 M) | ||||
| Net Income | (12.54 M) | ||||
| Cash And Equivalents | 37.26 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 7.37 M | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | (1.89) X | ||||
| Cash Flow From Operations | (11.21 M) | ||||
| Short Ratio | 11.18 X | ||||
| Earnings Per Share | (1.57) X | ||||
| Price To Earnings To Growth | (0.10) X | ||||
| Target Price | 11.75 | ||||
| Number Of Employees | 80 | ||||
| Beta | 1.46 | ||||
| Market Capitalization | 69.91 M | ||||
| Total Asset | 49.52 M | ||||
| Retained Earnings | (268.19 M) | ||||
| Working Capital | 9.68 M | ||||
| Net Asset | 49.52 M |
About Owlet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Owlet Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Owlet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Owlet Inc 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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Additional Tools for Owlet Stock Analysis
When running Owlet's price analysis, check to measure Owlet's 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 Owlet is operating at the current time. Most of Owlet's value examination focuses on studying past and present price action to predict the probability of Owlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owlet's price. Additionally, you may evaluate how the addition of Owlet to your portfolios can decrease your overall portfolio volatility.