Edgio Historical Financial Ratios
| EGIO Stock | USD 0.02 0.00 0.00% |
Edgio is recently reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 37.63 or Days Sales Outstanding of 93.27 will help investors to properly organize and evaluate Edgio Inc financial condition quickly.
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About Edgio Financial Ratios Analysis
Edgio IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Edgio investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Edgio financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Edgio history.
Edgio Financial Ratios Chart
Add Fundamental
Dividend Yield
Dividend Yield is Edgio Inc dividend as a percentage of Edgio stock price. Edgio Inc dividend yield is a measure of Edgio stock productivity, which can be interpreted as interest rate earned on an Edgio investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most ratios from Edgio's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Edgio Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities 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 gross domestic product. At this time, Edgio's Income Quality is very stable compared to the past year. As of the 28th of December 2024, Receivables Turnover is likely to grow to 4.09, while Price To Sales Ratio is likely to drop 26.60.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 71.0 | 109.65 | 126.1 | 93.27 | PTB Ratio | 125.89 | 34.45 | 39.61 | 37.63 |
Edgio fundamentals Correlations
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Edgio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edgio fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 94.27 | 84.03 | 80.56 | 24.35 | 28.0 | 26.6 | |
| Ptb Ratio | 113.57 | 110.41 | 125.89 | 34.45 | 39.61 | 37.63 | |
| Days Sales Outstanding | 62.87 | 50.33 | 71.0 | 109.65 | 126.1 | 93.27 | |
| Book Value Per Share | 1.44 | 1.45 | 1.09 | 1.31 | 1.18 | 1.22 | |
| Free Cash Flow Yield | (0.001743) | (1.94E-4) | (9.01E-4) | (0.005727) | (0.006586) | (0.006257) | |
| Operating Cash Flow Per Share | 0.0151 | 0.18 | 7.8E-5 | (0.064) | (0.0736) | (0.0699) | |
| Stock Based Compensation To Revenue | 0.0687 | 0.0683 | 0.0941 | 0.0904 | 0.1 | 0.0933 | |
| Capex To Depreciation | 1.73 | 1.08 | 0.62 | 0.83 | 0.95 | 1.34 | |
| Pb Ratio | 113.57 | 110.41 | 125.89 | 34.45 | 39.61 | 37.63 | |
| Ev To Sales | 94.25 | 84.32 | 80.98 | 24.65 | 28.34 | 26.92 | |
| Roic | (0.0947) | (0.0546) | (0.14) | (0.24) | (0.22) | (0.23) | |
| Net Income Per Share | (0.14) | (0.16) | (0.45) | (0.75) | (0.86) | (0.82) | |
| Payables Turnover | 9.91 | 32.07 | 14.84 | 4.38 | 3.94 | 3.74 | |
| Cash Per Share | 0.16 | 1.02 | 0.62 | 0.41 | 0.47 | 0.91 | |
| Pocfratio | 10.8K | 906.92 | 1.8M | (706.27) | (635.65) | (603.86) | |
| Interest Coverage | (200.24) | (3.73) | (6.91) | (16.67) | (15.01) | (15.76) | |
| Capex To Operating Cash Flow | 0.82 | 19.88 | 1.18 | (3.04) | (2.74) | (2.6) | |
| Pfcf Ratio | (573.86) | (5.1K) | (1.1K) | (174.6) | (200.8) | (190.76) | |
| Days Payables Outstanding | 36.84 | 11.38 | 24.6 | 83.37 | 95.88 | 79.38 | |
| Income Quality | (0.11) | (1.11) | (1.75E-4) | 0.0855 | 0.0983 | 0.15 | |
| Roe | (0.0963) | (0.11) | (0.41) | (0.57) | (0.51) | (0.49) | |
| Ev To Operating Cash Flow | 10.8K | 910.11 | 1.8M | (714.95) | (643.45) | (611.28) | |
| Pe Ratio | (1.2K) | (1.0K) | (307.24) | (60.38) | (54.35) | (57.06) | |
| Return On Tangible Assets | (0.12) | (0.0815) | (0.31) | (0.48) | (0.44) | (0.41) | |
| Ev To Free Cash Flow | (573.77) | (5.2K) | (1.1K) | (176.75) | (203.26) | (193.1) | |
| Earnings Yield | (8.48E-4) | (9.97E-4) | (0.003255) | (0.0166) | (0.019) | (0.0181) | |
| Net Debt To E B I T D A | (0.58) | 11.59 | (3.3) | (1.62) | (1.46) | (1.39) | |
| Current Ratio | 2.19 | 6.63 | 3.4 | 1.28 | 1.15 | 1.1 | |
| Tangible Book Value Per Share | 0.77 | 0.8 | 0.0794 | (0.12) | (0.14) | (0.13) | |
| Receivables Turnover | 5.81 | 7.25 | 5.14 | 3.33 | 3.0 | 4.09 | |
| Graham Number | 2.12 | 2.27 | 3.31 | 4.7 | 4.23 | 2.42 | |
| Shareholders Equity Per Share | 1.44 | 1.45 | 1.09 | 1.31 | 1.18 | 1.22 |
Pair Trading with Edgio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edgio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edgio will appreciate offsetting losses from the drop in the long position's value.Moving against Edgio Stock
| 0.75 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.72 | CETXP | Cemtrex Pref | PairCorr |
| 0.68 | ZS | Zscaler | PairCorr |
| 0.68 | EVCM | EverCommerce | PairCorr |
| 0.65 | FLYW | Flywire Corp | PairCorr |
The ability to find closely correlated positions to Edgio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edgio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edgio Inc to buy it.
The correlation of Edgio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edgio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgio Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edgio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities 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 gross domestic product. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edgio. If investors know Edgio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (26.00) | Revenue Per Share 72.469 | Quarterly Revenue Growth (0.12) | Return On Assets (0.14) | Return On Equity (0.63) |
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edgio's market value can be influenced by many factors that don't directly affect Edgio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.