Ntg Clarity Networks Stock Short Ratio
| NCI Stock | CAD 1.57 0.02 1.29% |
NTG Clarity Networks fundamentals help investors to digest information that contributes to NTG Clarity's financial success or failures. It also enables traders to predict the movement of NTG Stock. The fundamental analysis module provides a way to measure NTG Clarity'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 NTG Clarity stock.
NTG | Short Ratio |
NTG Clarity Networks Company Short Ratio Analysis
NTG Clarity's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current NTG Clarity Short Ratio | 1.95 X |
Most of NTG Clarity's fundamental indicators, such as Short Ratio, 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, NTG Clarity Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NTG Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for NTG Clarity is extremely important. It helps to project a fair market value of NTG Stock properly, considering its historical fundamentals such as Short Ratio. Since NTG Clarity'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 NTG Clarity'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 NTG Clarity's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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NTG Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, NTG Clarity Networks has a Short Ratio of 1.95 times. This is 59.79% lower than that of the Software sector and 52.67% lower than that of the Information Technology industry. The short ratio for all Canada stocks is 51.25% higher than that of the company.
NTG Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NTG Clarity's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NTG Clarity could also be used in its relative valuation, which is a method of valuing NTG Clarity by comparing valuation metrics of similar companies.NTG Clarity is currently under evaluation in short ratio category among its peers.
NTG Clarity Current Valuation Drivers
We derive many important indicators used in calculating different scores of NTG Clarity from analyzing NTG Clarity's financial statements. These drivers represent accounts that assess NTG Clarity's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NTG Clarity's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3M | 2.1M | 5.3M | 10.5M | 6.5M | 6.2M | |
| Enterprise Value | 9.2M | 13.6M | 18.2M | 13.6M | 14.9M | 14.2M |
NTG Fundamentals
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 67.79 M | ||||
| Shares Outstanding | 42.16 M | ||||
| Shares Owned By Insiders | 40.69 % | ||||
| Number Of Shares Shorted | 34.47 K | ||||
| Price To Earning | 10.00 X | ||||
| Price To Book | 7.17 X | ||||
| Price To Sales | 1.68 X | ||||
| Revenue | 27.73 M | ||||
| Gross Profit | 6.59 M | ||||
| EBITDA | 3.02 M | ||||
| Net Income | 2.32 M | ||||
| Cash And Equivalents | 147.99 K | ||||
| Total Debt | 8.8 M | ||||
| Debt To Equity | 1.28 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | (0.09) X | ||||
| Cash Flow From Operations | 1.47 M | ||||
| Short Ratio | 1.95 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Target Price | 1.0 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 66.18 M | ||||
| Total Asset | 12.39 M | ||||
| Retained Earnings | (20.47 M) | ||||
| Working Capital | (3.56 M) | ||||
| Net Asset | 12.39 M |
About NTG Clarity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NTG Clarity Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NTG Clarity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NTG Clarity Networks 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.
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Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.