Edesa Biotech Stock Fundamentals
| EDSA Stock | USD 2.44 0.14 6.09% |
Edesa Biotech fundamentals help investors to digest information that contributes to Edesa Biotech's financial success or failures. It also enables traders to predict the movement of Edesa Stock. The fundamental analysis module provides a way to measure Edesa Biotech'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 Edesa Biotech stock.
At present, Edesa Biotech's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1 M, whereas Depreciation And Amortization is forecasted to decline to about 121.8 K. Edesa | Select Account or Indicator |
Edesa Biotech Company Shares Outstanding Analysis
Edesa Biotech's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Edesa Biotech Shares Outstanding | 3.25 M |
Most of Edesa Biotech's fundamental indicators, such as Shares Outstanding, 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, Edesa Biotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Edesa Shares Outstanding Historical Pattern
Today, most investors in Edesa Biotech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Edesa Biotech's 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 shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Edesa Biotech shares outstanding as a starting point in their analysis.
Edesa Biotech Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Edesa Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Edesa Biotech has 3.25 M of shares currently outstending. This is 98.2% lower than that of the Biotechnology sector and 96.96% lower than that of the Health Care industry. The shares outstanding for all United States stocks is 99.43% higher than that of the company.
Edesa Biotech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Edesa Biotech's current stock value. Our valuation model uses many indicators to compare Edesa Biotech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edesa Biotech competition to find correlations between indicators driving Edesa Biotech's intrinsic value. More Info.Edesa Biotech is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Edesa Biotech's Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Edesa Biotech's earnings, one of the primary drivers of an investment's value.Edesa Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Edesa Biotech's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Edesa Biotech could also be used in its relative valuation, which is a method of valuing Edesa Biotech by comparing valuation metrics of similar companies.Edesa Biotech is currently under evaluation in shares outstanding category among its peers.
Edesa Biotech 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, Edesa Biotech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Edesa Biotech's managers, analysts, and investors.Environmental | Governance | Social |
Edesa Fundamentals
| Return On Equity | -1.29 | ||||
| Return On Asset | -0.72 | ||||
| Current Valuation | 5.92 M | ||||
| Shares Outstanding | 3.25 M | ||||
| Shares Owned By Insiders | 33.02 % | ||||
| Shares Owned By Institutions | 12.19 % | ||||
| Number Of Shares Shorted | 48.46 K | ||||
| Price To Earning | (3.96) X | ||||
| Price To Book | 2.76 X | ||||
| Price To Sales | 120,478 X | ||||
| Gross Profit | 311.2 K | ||||
| EBITDA | (9.22 M) | ||||
| Net Income | (8.37 M) | ||||
| Cash And Equivalents | 12.81 M | ||||
| Cash Per Share | 0.83 X | ||||
| Total Debt | 94.49 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 2.68 X | ||||
| Book Value Per Share | 0.88 X | ||||
| Cash Flow From Operations | (6.64 M) | ||||
| Short Ratio | 1.11 X | ||||
| Earnings Per Share | (19.78) X | ||||
| Target Price | 20.5 | ||||
| Number Of Employees | 16 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 7.93 M | ||||
| Total Asset | 8.89 M | ||||
| Retained Earnings | (52.42 M) | ||||
| Working Capital | 4.61 M | ||||
| Current Asset | 6.92 M | ||||
| Current Liabilities | 581.49 K | ||||
| Net Asset | 8.89 M |
About Edesa Biotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Edesa Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edesa Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edesa Biotech 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -1.6 K | -1.7 K | |
| Cost Of Revenue | 165.1 K | 156.9 K | |
| Stock Based Compensation To Revenue | 2.96 | 2.02 | |
| Sales General And Administrative To Revenue | 6.94 | 6.19 | |
| Research And Ddevelopement To Revenue | 5.95 | 3.74 | |
| Capex To Revenue | 0.67 | 0.40 | |
| Revenue Per Share | 2.37 | 2.25 | |
| Ebit Per Revenue | (17.67) | (18.56) |
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 Edesa Biotech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edesa Biotech's 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 Edesa Biotech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edesa Biotech Stock:Check out Edesa Biotech Piotroski F Score and Edesa Biotech Altman Z Score analysis. For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Edesa Biotech. If investors know Edesa 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 Edesa Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (19.78) | Quarterly Revenue Growth (1.00) | Return On Assets (0.72) | Return On Equity (1.29) |
The market value of Edesa Biotech is measured differently than its book value, which is the value of Edesa that is recorded on the company's balance sheet. Investors also form their own opinion of Edesa Biotech's value that differs from its market value or its book value, called intrinsic value, which is Edesa Biotech'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 Edesa Biotech's market value can be influenced by many factors that don't directly affect Edesa Biotech'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 Edesa Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edesa Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edesa Biotech'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.