Algorhythm Holdings, Stock Piotroski F Score

RIME Stock   0.08  0.01  16.33%   
This module uses fundamental data of Algorhythm Holdings, to approximate its Piotroski F score. Algorhythm Holdings, F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Algorhythm Holdings,. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Algorhythm Holdings, financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Algorhythm Holdings, Altman Z Score, Algorhythm Holdings, Correlation, Algorhythm Holdings, Valuation, as well as analyze Algorhythm Holdings, Alpha and Beta and Algorhythm Holdings, Hype Analysis.
For information on how to trade Algorhythm Stock refer to our How to Trade Algorhythm Stock guide.
  
As of December 12, 2024, Net Debt is expected to decline to about 660 K. In addition to that, Long Term Debt is expected to decline to about 49.5 K.
At this time, it appears that Algorhythm Holdings,'s Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
2.0
Piotroski F Score - Frail
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Algorhythm Holdings, Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Algorhythm Holdings, is to make sure Algorhythm is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Algorhythm Holdings,'s auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Algorhythm Holdings,'s financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt660 K697.6 K
Notably Down
Slightly volatile
Total Current Liabilities11.4 M16.2 M
Way Down
Slightly volatile
Non Current Liabilities Total4.1 M3.9 M
Sufficiently Up
Pretty Stable
Total Assets23 M27.7 M
Significantly Down
Slightly volatile
Total Current Assets19.6 M23.2 M
Fairly Down
Slightly volatile

Algorhythm Holdings, F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Algorhythm Holdings,'s different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Algorhythm Holdings, in a much-optimized way.

About Algorhythm Holdings, Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Net Debt

660,014

At present, Algorhythm Holdings,'s Net Debt is projected to decrease significantly based on the last few years of reporting.

About Algorhythm Holdings, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Algorhythm Holdings,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algorhythm Holdings, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algorhythm Holdings, 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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When determining whether Algorhythm Holdings, is a strong investment it is important to analyze Algorhythm Holdings,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algorhythm Holdings,'s future performance. For an informed investment choice regarding Algorhythm Stock, refer to the following important reports:
Check out Algorhythm Holdings, Altman Z Score, Algorhythm Holdings, Correlation, Algorhythm Holdings, Valuation, as well as analyze Algorhythm Holdings, Alpha and Beta and Algorhythm Holdings, Hype Analysis.
For information on how to trade Algorhythm Stock refer to our How to Trade Algorhythm Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Leisure Products 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 Algorhythm Holdings,. If investors know Algorhythm 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 Algorhythm Holdings, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.27)
Revenue Per Share
5.97
Quarterly Revenue Growth
(0.07)
The market value of Algorhythm Holdings, is measured differently than its book value, which is the value of Algorhythm that is recorded on the company's balance sheet. Investors also form their own opinion of Algorhythm Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Algorhythm Holdings,'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 Algorhythm Holdings,'s market value can be influenced by many factors that don't directly affect Algorhythm Holdings,'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 Algorhythm Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Algorhythm Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algorhythm Holdings,'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.