Virax Biolabs Group Stock Cash Per Share

VRAX Stock  USD 1.97  0.10  4.83%   
Virax Biolabs Group fundamentals help investors to digest information that contributes to Virax Biolabs' financial success or failures. It also enables traders to predict the movement of Virax Stock. The fundamental analysis module provides a way to measure Virax Biolabs' 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 Virax Biolabs stock.
Last ReportedProjected for Next Year
Cash Per Share 1.83  1.72 
Cash Per Share is likely to drop to 1.72 in 2024.
  
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Virax Biolabs Group Company Cash Per Share Analysis

Virax Biolabs' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Current Virax Biolabs Cash Per Share

    
  1.72  
Most of Virax Biolabs' fundamental indicators, such as Cash Per Share, 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, Virax Biolabs Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Virax Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Virax Biolabs is extremely important. It helps to project a fair market value of Virax Stock properly, considering its historical fundamentals such as Cash Per Share. Since Virax Biolabs' 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 Virax Biolabs' 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 Virax Biolabs' interrelated accounts and indicators.
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Click cells to compare fundamentals

Virax Cash Per Share Historical Pattern

Today, most investors in Virax Biolabs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Virax Biolabs' 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 cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Virax Biolabs cash per share as a starting point in their analysis.
   Virax Biolabs Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Virax Common Stock Shares Outstanding

Common Stock Shares Outstanding

1.43 Million

At this time, Virax Biolabs' Common Stock Shares Outstanding is fairly stable compared to the past year.

Virax Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virax Biolabs' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Virax Biolabs could also be used in its relative valuation, which is a method of valuing Virax Biolabs by comparing valuation metrics of similar companies.
Virax Biolabs is currently under evaluation in cash per share category among its peers.

Virax Fundamentals

About Virax Biolabs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Virax Biolabs Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virax Biolabs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virax Biolabs Group 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 Virax Stock Analysis

When running Virax Biolabs' price analysis, check to measure Virax Biolabs' 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 Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.