Accuray Incorporated Stock Cash And Equivalents
| ARAY Stock | USD 2.23 0.12 5.69% |
Accuray Incorporated fundamentals help investors to digest information that contributes to Accuray Incorporated's financial success or failures. It also enables traders to predict the movement of Accuray Stock. The fundamental analysis module provides a way to measure Accuray Incorporated's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Accuray Incorporated stock.
Accuray | Cash And Equivalents |
Accuray Incorporated Company Cash And Equivalents Analysis
Accuray Incorporated's 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.
Current Accuray Incorporated Cash And Equivalents | 97.84 M |
Most of Accuray Incorporated's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Accuray Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Accuray Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Accuray Incorporated is extremely important. It helps to project a fair market value of Accuray Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Accuray Incorporated's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Accuray Incorporated's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Accuray Incorporated's interrelated accounts and indicators.
Click cells to compare fundamentals
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).
| Competition |
Accuray Cash And Cash Equivalents Changes
Cash And Cash Equivalents Changes |
|
In accordance with the recently published financial statements, Accuray Incorporated has 97.84 M in Cash And Equivalents. This is 88.08% lower than that of the Health Care Equipment & Supplies sector and 82.46% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 96.38% higher than that of the company.
Accuray Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Accuray Incorporated's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Accuray Incorporated could also be used in its relative valuation, which is a method of valuing Accuray Incorporated by comparing valuation metrics of similar companies.Accuray Incorporated is currently under evaluation in cash and equivalents category among its peers.
Accuray Incorporated ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Accuray Incorporated's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Accuray Incorporated's managers, analysts, and investors.Environmental | Governance | Social |
Accuray Fundamentals
| Return On Equity | -0.34 | ||||
| Return On Asset | -0.0017 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 373.84 M | ||||
| Shares Outstanding | 100.56 M | ||||
| Shares Owned By Insiders | 2.82 % | ||||
| Shares Owned By Institutions | 62.58 % | ||||
| Number Of Shares Shorted | 3.6 M | ||||
| Price To Earning | 44.00 X | ||||
| Price To Book | 4.96 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 446.55 M | ||||
| Gross Profit | 153.96 M | ||||
| EBITDA | 5.71 M | ||||
| Net Income | (15.54 M) | ||||
| Cash And Equivalents | 97.84 M | ||||
| Cash Per Share | 1.05 X | ||||
| Total Debt | 210.75 M | ||||
| Debt To Equity | 3.90 % | ||||
| Current Ratio | 1.68 X | ||||
| Book Value Per Share | 0.45 X | ||||
| Cash Flow From Operations | (11.9 M) | ||||
| Short Ratio | 5.54 X | ||||
| Earnings Per Share | (0.17) X | ||||
| Price To Earnings To Growth | 0.08 X | ||||
| Target Price | 6.13 | ||||
| Number Of Employees | 987 | ||||
| Beta | 1.4 | ||||
| Market Capitalization | 224.26 M | ||||
| Total Asset | 468.63 M | ||||
| Retained Earnings | (517.68 M) | ||||
| Working Capital | 127.97 M | ||||
| Current Asset | 361.68 M | ||||
| Current Liabilities | 210.21 M | ||||
| Net Asset | 468.63 M |
About Accuray Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Accuray Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Accuray Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Accuray Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Accuray Stock Analysis
When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.