Theralase Technologies Stock Net Income
| TLT Stock | CAD 0.26 0.01 3.70% |
Theralase Technologies fundamentals help investors to digest information that contributes to Theralase Technologies' financial success or failures. It also enables traders to predict the movement of Theralase Stock. The fundamental analysis module provides a way to measure Theralase Technologies' 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 Theralase Technologies stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -4.6 M | -4.3 M | |
| Net Loss | -4.6 M | -4.8 M | |
| Net Loss | -4.7 M | -4.9 M | |
| Net Loss | (0.02) | (0.02) | |
| Net Income Per E B T | 0.90 | 0.95 |
Theralase | Net Income |
Theralase Technologies Company Net Income Analysis
Theralase Technologies' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Theralase Technologies Net Income | (4.57 M) |
Most of Theralase Technologies' fundamental indicators, such as Net Income, 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, Theralase Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Theralase Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Theralase Technologies is extremely important. It helps to project a fair market value of Theralase Stock properly, considering its historical fundamentals such as Net Income. Since Theralase Technologies' 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 Theralase Technologies' 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 Theralase Technologies' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Theralase Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Theralase Technologies reported net income of (4.57 Million). This is 101.34% lower than that of the Health Care Equipment & Supplies sector and 101.92% lower than that of the Health Care industry. The net income for all Canada stocks is 100.8% higher than that of the company.
Theralase Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Theralase Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Theralase Technologies could also be used in its relative valuation, which is a method of valuing Theralase Technologies by comparing valuation metrics of similar companies.Theralase Technologies is currently under evaluation in net income category among its peers.
Theralase Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Theralase Technologies from analyzing Theralase Technologies' financial statements. These drivers represent accounts that assess Theralase Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Theralase Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 49.2M | 38.8M | 77.6M | 66.5M | 39.6M | 23.4M | |
| Enterprise Value | 36.8M | 31.0M | 74.0M | 65.5M | 39.9M | 21.8M |
Theralase Fundamentals
| Return On Equity | -2.39 | ||||
| Return On Asset | -0.82 | ||||
| Operating Margin | (11.30) % | ||||
| Current Valuation | 65.65 M | ||||
| Shares Outstanding | 245.54 M | ||||
| Shares Owned By Insiders | 8.70 % | ||||
| Number Of Shares Shorted | 42.79 K | ||||
| Price To Earning | (9.79) X | ||||
| Price To Book | 30.70 X | ||||
| Price To Sales | 71.32 X | ||||
| Revenue | 1.07 M | ||||
| Gross Profit | 628.17 K | ||||
| EBITDA | (4.31 M) | ||||
| Net Income | (4.57 M) | ||||
| Cash And Equivalents | 1.67 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 386.88 K | ||||
| Current Ratio | 3.45 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (4.07 M) | ||||
| Short Ratio | 0.06 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 1.2 | ||||
| Beta | 1.35 | ||||
| Market Capitalization | 66.3 M | ||||
| Total Asset | 3.28 M | ||||
| Retained Earnings | (63.24 M) | ||||
| Working Capital | 421.43 K | ||||
| Net Asset | 3.28 M |
About Theralase Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Theralase Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Theralase Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Theralase Technologies 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 Theralase Stock Analysis
When running Theralase Technologies' price analysis, check to measure Theralase Technologies' 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 Theralase Technologies is operating at the current time. Most of Theralase Technologies' value examination focuses on studying past and present price action to predict the probability of Theralase Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Theralase Technologies' price. Additionally, you may evaluate how the addition of Theralase Technologies to your portfolios can decrease your overall portfolio volatility.