Idex Biometrics Total Debt vs. Price To Sales

IDBADelisted Stock  USD 4.81  0.01  0.21%   
Based on Idex Biometrics' profitability indicators, Idex Biometrics ASA may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Idex Biometrics' ability to earn profits and add value for shareholders.
For Idex Biometrics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Idex Biometrics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Idex Biometrics ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Idex Biometrics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Idex Biometrics ASA over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis 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 bureau of labor statistics.
Please note, there is a significant difference between Idex Biometrics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Idex Biometrics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idex Biometrics' 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.

Idex Biometrics ASA Price To Sales vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Idex Biometrics's current stock value. Our valuation model uses many indicators to compare Idex Biometrics value to that of its competitors to determine the firm's financial worth.
Idex Biometrics ASA is rated below average in total debt category among its peers. It is currently regarded as number one stock in price to sales category among its peers . The ratio of Total Debt to Price To Sales for Idex Biometrics ASA is about  3,207 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Idex Biometrics' earnings, one of the primary drivers of an investment's value.

Idex Total Debt vs. Competition

Idex Biometrics ASA is rated below average in total debt category among its peers. Total debt of Information Technology industry is currently estimated at about 1.01 Billion. Idex Biometrics adds roughly 119,000 in total debt claiming only tiny portion of equities under Information Technology industry.
Total debt  Revenue  Valuation  Workforce  Capitalization

Idex Price To Sales vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Idex Biometrics

Total Debt

 = 

Bonds

+

Notes

 = 
119 K
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Idex Biometrics

P/S

 = 

MV Per Share

Revenue Per Share

 = 
37.10 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Idex Price To Sales Comparison

Idex Biometrics is currently under evaluation in price to sales category among its peers.

Idex Biometrics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Idex Biometrics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Idex Biometrics will eventually generate negative long term returns. The profitability progress is the general direction of Idex Biometrics' change in net profit over the period of time. It can combine multiple indicators of Idex Biometrics, 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.
IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway. IDEX Biometrics is traded on NASDAQ Exchange in the United States.

Idex Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Idex Biometrics. 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 Idex Biometrics 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 Idex Biometrics' important profitability drivers and their relationship over time.

Use Idex Biometrics 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 Idex Biometrics 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 Idex Biometrics will appreciate offsetting losses from the drop in the long position's value.

Idex Biometrics Pair Trading

Idex Biometrics ASA Pair Trading Analysis

The ability to find closely correlated positions to Idex Biometrics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Idex Biometrics 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 Idex Biometrics - 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 Idex Biometrics ASA to buy it.
The correlation of Idex Biometrics 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 Idex Biometrics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Idex Biometrics ASA 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 Idex Biometrics 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Idex Biometrics position

In addition to having Idex Biometrics 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?

Run Long Short Funds Thematic Idea Now

Long Short Funds
Long Short Funds Theme
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 41 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 Long Short Funds Theme or any other thematic opportunities.
View All  Next Launch
Check out Risk vs Return Analysis 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 bureau of labor statistics.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in Idex Stock

If you are still planning to invest in Idex Biometrics ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Idex Biometrics' history and understand the potential risks before investing.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation