SuRo Capital Cash And Equivalents vs. Price To Book
| SSSS Stock | USD 6.38 0.04 0.63% |
For SuRo Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SuRo Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SuRo Capital Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SuRo Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SuRo Capital Corp over time as well as its relative position and ranking within its peers.
SuRo |
Is Asset Management & Custody Banks 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 SuRo Capital. If investors know SuRo 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 SuRo Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share (1.93) | Revenue Per Share 0.242 | Quarterly Revenue Growth (0.39) | Return On Assets (0.02) |
The market value of SuRo Capital Corp is measured differently than its book value, which is the value of SuRo that is recorded on the company's balance sheet. Investors also form their own opinion of SuRo Capital's value that differs from its market value or its book value, called intrinsic value, which is SuRo Capital'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 SuRo Capital's market value can be influenced by many factors that don't directly affect SuRo Capital'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 SuRo Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if SuRo Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SuRo Capital'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.
SuRo Capital Corp Price To Book vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SuRo Capital's current stock value. Our valuation model uses many indicators to compare SuRo Capital value to that of its competitors to determine the firm's financial worth. SuRo Capital Corp is rated below average in cash and equivalents category among its peers. It is rated below average in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for SuRo Capital Corp is about 41,851,383 . Price To Book Ratio is likely to drop to 0.34 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value SuRo Capital 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.SuRo Price To Book 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.
SuRo Capital |
| = | 39.65 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).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
SuRo Capital |
| = | 0.95 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
SuRo Price To Book Comparison
SuRo Capital is currently under evaluation in price to book category among its peers.
SuRo Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SuRo Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SuRo Capital will eventually generate negative long term returns. The profitability progress is the general direction of SuRo Capital's change in net profit over the period of time. It can combine multiple indicators of SuRo Capital, 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 | ||
| Operating Income | 10.5 M | 13.8 M | |
| Income Before Tax | 5.7 M | 4.5 M | |
| Total Other Income Expense Net | -4.9 M | -5.1 M | |
| Net Income | 5.1 M | 6.9 M | |
| Income Tax Expense | 624 K | 592.8 K | |
| Interest Income | 5.3 M | 4.8 M | |
| Net Income From Continuing Ops | 1.8 M | 1.7 M | |
| Net Loss | -152 M | -144.4 M | |
| Net Interest Income | 441 K | 463.1 K | |
| Non Operating Income Net Other | -100.4 M | -105.4 M | |
| Change To Netincome | -5.3 M | -5 M | |
| Net Income Per Share | 0.19 | 0.20 | |
| Income Quality | 0.47 | 0.45 | |
| Net Income Per E B T | 0.89 | 0.69 |
SuRo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SuRo Capital. 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 SuRo Capital 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 SuRo Capital's important profitability drivers and their relationship over time.
Use SuRo Capital 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 SuRo Capital 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 SuRo Capital will appreciate offsetting losses from the drop in the long position's value.SuRo Capital Pair Trading
SuRo Capital Corp Pair Trading Analysis
The ability to find closely correlated positions to SuRo Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SuRo Capital 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 SuRo Capital - 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 SuRo Capital Corp to buy it.
The correlation of SuRo Capital 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 SuRo Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SuRo Capital Corp 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 SuRo Capital 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 SuRo Capital position
In addition to having SuRo Capital 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 Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 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 Medical Equipment Theme or any other thematic opportunities.
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Additional Tools for SuRo Stock Analysis
When running SuRo Capital's price analysis, check to measure SuRo Capital'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 SuRo Capital is operating at the current time. Most of SuRo Capital's value examination focuses on studying past and present price action to predict the probability of SuRo Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SuRo Capital's price. Additionally, you may evaluate how the addition of SuRo Capital to your portfolios can decrease your overall portfolio volatility.