Solid State Financials

SOLI Stock   130.00  10.00  8.33%   
We advise to exercise Solid State fundamental analysis to see if markets are presently undervaluing or overvaluing the firm. In other words, this technique allows you to confirm available indicators of Solid State Plc as well as the relationship between them. We are able to interpolate and collect twenty-eight available drivers for Solid State Plc, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Solid State to be traded at 162.5 in 90 days. Key indicators impacting Solid State's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income14.4 M13.7 M
Sufficiently Up
Slightly volatile
  
Please note, the imprecision that can be found in Solid State's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Solid State Plc. Check Solid State's Beneish M Score to see the likelihood of Solid State's management manipulating its earnings.

Solid State Stock Summary

Solid State competes with Alliance Data, Pets At, Melia Hotels, American Homes, and Bet At. Solid State is entity of United Kingdom. It is traded as Stock on LSE exchange.
Foreign Associate
  USA
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUK Stock View All
ExchangeLondon Exchange
ISINGB0008237132
Business Address2 Ravensbank Business
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitesolidstateplc.com
Phone44 1527 830 666
You should never invest in Solid State without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Solid Stock, because this is throwing your money away. Analyzing the key information contained in Solid State's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Solid State Key Financial Ratios

There are many critical financial ratios that Solid State's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Solid State Plc reports annually and quarterly.

Solid State Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets38.7M54.0M62.3M113.8M113.6M119.3M
Retained Earnings18.5M21.5M23.0M27.8M35.1M36.8M
Accounts Payable10.6M4.2M8.1M12.9M10.0M10.5M
Inventory9.7M10.6M17.6M33.2M25.1M26.3M
Total Liab16.1M28.5M35.3M55.8M49.0M51.4M
Total Current Assets27.1M32.0M40.6M65.2M65.1M68.3M
Other Current Liab6.0M7.7M10.4M13.9M11.8M12.3M
Net Debt(2.0M)(621K)660K4.5M8.2M8.7M
Short Term Debt804K741K2.8M2.3M4.5M4.7M
Cash3.5M6.9M5.0M12.2M8.4M8.9M
Net Receivables11.1M11.8M15.1M16.5M28.2M29.6M
Other Current Assets13.9M2.6M2.9M3.2M3.4M2.2M
Long Term Debt0.03.8M1.5M13.4M9.7M10.2M
Intangible Assets1.9M6.7M5.9M11.8M10.7M11.2M
Other Liab811K7.2M4.5M2.9M3.3M2.0M
Net Tangible Assets14.4M8.9M11.2M17.0M19.6M12.0M

Solid State Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense120K85K226K972K1.5M1.6M
Total Revenue67.4M66.3M85.0M126.5M163.3M171.5M
Gross Profit20.8M19.9M27.5M39.7M46.4M48.8M
Operating Income4.1M4.3M3.7M9.4M13.7M14.4M
Ebit4.1M4.3M3.7M9.4M13.7M14.4M
Ebitda6.2M6.4M6.5M13.6M18.6M19.5M
Income Before Tax4.0M4.2M3.5M8.4M12.2M12.8M
Net Income3.4M4.0M2.5M6.7M8.9M9.3M
Income Tax Expense588K247K977K1.7M3.3M3.4M
Cost Of Revenue46.6M46.4M57.5M86.8M116.9M122.7M
Research Development1.4M1.7M2.0M2.2M2.5M2.7M
Tax Provision588K247K977K1.7M3.3M3.4M
Net Interest Income(120K)(85K)(226K)(972K)(1.5M)(1.4M)
Interest Income31K109K120K85K97.8K84.5K

Solid State Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1K1.9M(6.9M)(12.5M)8.1M8.5M
Change In Cash(175K)3.4M(4.0M)9.3M(3.8M)(3.6M)
Free Cash Flow6.8M5.8M3.3M6.7M8.1M8.5M
Depreciation2.1M2.1M2.8M4.2M4.9M5.2M
Other Non Cash Items120K85K1.9M646K1.9M2.0M
Capital Expenditures860K658K1.8M2.3M2.8M3.0M
Net Income4.0M4.2M3.5M8.4M8.9M9.3M
End Period Cash Flow3.5M6.9M2.9M12.2M8.4M8.9M
Dividends Paid1.2M1.1M1.5M2.2M2.3M2.4M
Net Borrowings(5.8M)2.8M(3.1M)12.0M13.8M14.5M
Change To Netincome757K49K2.2M2.5M2.9M3.0M
Investments(757K)(4.7M)(4.3M)(35.5M)(8.2M)(8.6M)

Solid Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Solid State's current stock value. Our valuation model uses many indicators to compare Solid State value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solid State competition to find correlations between indicators driving Solid State's intrinsic value. More Info.
Solid State Plc is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.62  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Solid State Plc is roughly  1.60 . 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 Solid State's earnings, one of the primary drivers of an investment's value.

Solid State Plc Systematic Risk

Solid State's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Solid State volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Solid State Plc correlated with the market. If Beta is less than 0 Solid State generally moves in the opposite direction as compared to the market. If Solid State Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Solid State Plc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Solid State is generally in the same direction as the market. If Beta > 1 Solid State moves generally in the same direction as, but more than the movement of the benchmark.

Solid State Plc Total Assets Over Time

Solid State December 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Solid State help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Solid State Plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Solid State Plc based on widely used predictive technical indicators. In general, we focus on analyzing Solid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Solid State's daily price indicators and compare them against related drivers.

Additional Tools for Solid Stock Analysis

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