180 Life Cash And Equivalents vs. Cash Per Share
| ATNF Stock | USD 1.89 0.28 12.90% |
For 180 Life profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 180 Life to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 180 Life Sciences utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 180 Life's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 180 Life Sciences over time as well as its relative position and ranking within its peers.
180 |
Is Biotechnology 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 180 Life. If investors know 180 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 180 Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 7.98 | Return On Assets (0.64) | Return On Equity (3.99) |
The market value of 180 Life Sciences is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Life's value that differs from its market value or its book value, called intrinsic value, which is 180 Life'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 180 Life's market value can be influenced by many factors that don't directly affect 180 Life'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 180 Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Life'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.
180 Life Sciences Cash Per Share vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 180 Life's current stock value. Our valuation model uses many indicators to compare 180 Life value to that of its competitors to determine the firm's financial worth. 180 Life Sciences is rated below average in cash and equivalents category among its peers. It is rated below average in cash per share category among its peers . The ratio of Cash And Equivalents to Cash Per Share for 180 Life Sciences is about 40,750,000 . At this time, 180 Life's Cash Per Share is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value 180 Life by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.180 Cash Per Share vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
180 Life |
| = | 1.63 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
180 Life |
| = | 0.04 X |
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.
180 Cash Per Share Comparison
180 Life is currently under evaluation in cash per share category among its peers.
180 Life Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 180 Life, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 180 Life will eventually generate negative long term returns. The profitability progress is the general direction of 180 Life's change in net profit over the period of time. It can combine multiple indicators of 180 Life, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.9 M | -2.8 M | |
| Operating Income | -13.5 M | -14.2 M | |
| Income Before Tax | -22.3 M | -23.4 M | |
| Net Loss | -18.3 M | -19.2 M | |
| Net Loss | -19.9 M | -20.9 M | |
| Total Other Income Expense Net | -8.8 M | -9.2 M | |
| Income Tax Expense | -2.3 M | -2.2 M | |
| Net Interest Income | -40.8 K | -42.9 K | |
| Net Loss | -40.5 M | -42.5 M | |
| Change To Netincome | 8.7 M | 8.6 M | |
| Net Loss | (52.60) | (55.23) | |
| Income Quality | 0.55 | 0.58 | |
| Net Income Per E B T | 0.89 | 0.71 |
180 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 180 Life. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of 180 Life position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the 180 Life's important profitability drivers and their relationship over time.
Use 180 Life in pair-trading
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 180 Life 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 180 Life will appreciate offsetting losses from the drop in the long position's value.180 Life Pair Trading
180 Life Sciences Pair Trading Analysis
The ability to find closely correlated positions to 180 Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 180 Life 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 180 Life - 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 180 Life Sciences to buy it.
The correlation of 180 Life 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 180 Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 180 Life Sciences 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 180 Life 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.Use Investing Themes to Complement your 180 Life position
In addition to having 180 Life in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
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To fully project 180 Life's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 180 Life Sciences at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include 180 Life's income statement, its balance sheet, and the statement of cash flows.