Aura Biosciences Stock Cash Per Share

AURA Stock  USD 8.73  0.16  1.80%   
Aura Biosciences fundamentals help investors to digest information that contributes to Aura Biosciences' financial success or failures. It also enables traders to predict the movement of Aura Stock. The fundamental analysis module provides a way to measure Aura Biosciences' 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 Aura Biosciences stock.
Last ReportedProjected for Next Year
Cash Per Share 5.71  3.01 
As of December 17, 2024, Cash Per Share is expected to decline to 3.01.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Aura Biosciences Company Cash Per Share Analysis

Aura Biosciences' 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.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Aura Biosciences Cash Per Share

    
  4.17 X  
Most of Aura Biosciences' fundamental indicators, such as Cash Per Share, 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, Aura Biosciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Aura Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Aura Biosciences is extremely important. It helps to project a fair market value of Aura Stock properly, considering its historical fundamentals such as Cash Per Share. Since Aura Biosciences' 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 Aura Biosciences' 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 Aura Biosciences' interrelated accounts and indicators.
0.960.96-0.46-0.910.16-0.53-0.940.961.01.00.990.98-0.530.950.9
0.961.0-0.45-0.940.15-0.69-0.951.00.960.960.950.95-0.690.910.85
0.961.0-0.45-0.940.15-0.69-0.951.00.960.960.950.95-0.690.910.85
-0.46-0.45-0.450.14-0.41-0.220.67-0.45-0.48-0.48-0.47-0.55-0.22-0.29-0.04
-0.91-0.94-0.940.140.060.820.82-0.94-0.91-0.91-0.91-0.870.82-0.91-0.94
0.160.150.15-0.410.060.11-0.190.150.150.150.090.10.110.140.0
-0.53-0.69-0.69-0.220.820.110.47-0.69-0.53-0.53-0.54-0.491.0-0.56-0.67
-0.94-0.95-0.950.670.82-0.190.47-0.95-0.95-0.96-0.95-0.980.47-0.83-0.72
0.961.01.0-0.45-0.940.15-0.69-0.950.960.960.950.95-0.690.910.85
1.00.960.96-0.48-0.910.15-0.53-0.950.961.00.990.99-0.530.940.89
1.00.960.96-0.48-0.910.15-0.53-0.960.961.00.990.99-0.530.940.88
0.990.950.95-0.47-0.910.09-0.54-0.950.950.990.990.99-0.540.910.87
0.980.950.95-0.55-0.870.1-0.49-0.980.950.990.990.99-0.490.890.83
-0.53-0.69-0.69-0.220.820.111.00.47-0.69-0.53-0.53-0.54-0.49-0.56-0.67
0.950.910.91-0.29-0.910.14-0.56-0.830.910.940.940.910.89-0.560.95
0.90.850.85-0.04-0.940.0-0.67-0.720.850.890.880.870.83-0.670.95
Click cells to compare fundamentals

Aura Cash Per Share Historical Pattern

Today, most investors in Aura Biosciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aura Biosciences' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Aura Biosciences cash per share as a starting point in their analysis.
   Aura Biosciences Cash Per Share   
       Timeline  
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.
Competition

Aura Common Stock Shares Outstanding

Common Stock Shares Outstanding

34.59 Million

At present, Aura Biosciences' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Aura Biosciences has a Cash Per Share of 4.17 times. This is 4.14% lower than that of the Biotechnology sector and 3.7% lower than that of the Health Care industry. The cash per share for all United States stocks is 16.77% higher than that of the company.

Aura Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aura Biosciences' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aura Biosciences could also be used in its relative valuation, which is a method of valuing Aura Biosciences by comparing valuation metrics of similar companies.
Aura Biosciences is currently under evaluation in cash per share category among its peers.

Aura Biosciences 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, Aura Biosciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Aura Biosciences' managers, analysts, and investors.
Environmental
Governance
Social

Aura Fundamentals

About Aura Biosciences Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aura Biosciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aura Biosciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aura Biosciences 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.
When determining whether Aura Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aura Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aura Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aura Biosciences Stock:
Check out Aura Biosciences Piotroski F Score and Aura Biosciences Altman Z Score analysis.
For information on how to trade Aura Stock refer to our How to Trade Aura Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 Aura Biosciences. If investors know Aura 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 Aura Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.73)
Return On Assets
(0.30)
Return On Equity
(0.51)
The market value of Aura Biosciences is measured differently than its book value, which is the value of Aura that is recorded on the company's balance sheet. Investors also form their own opinion of Aura Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Aura Biosciences' 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 Aura Biosciences' market value can be influenced by many factors that don't directly affect Aura Biosciences' 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 Aura Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aura Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aura Biosciences' 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.