Viewray Stock Working Capital
VRAYDelisted Stock | USD 0.04 0 5.67% |
ViewRay fundamentals help investors to digest information that contributes to ViewRay's financial success or failures. It also enables traders to predict the movement of ViewRay Stock. The fundamental analysis module provides a way to measure ViewRay'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 ViewRay stock.
ViewRay |
ViewRay Company Working Capital Analysis
ViewRay's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current ViewRay Working Capital | 131.77 M |
Most of ViewRay's fundamental indicators, such as Working Capital, 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, ViewRay is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionAs per the company's disclosures, ViewRay has a Working Capital of 131.77 M. This is 69.04% lower than that of the Health Care Equipment & Supplies sector and 90.32% lower than that of the Health Care industry. The working capital for all United States stocks is 91.09% higher than that of the company.
ViewRay Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ViewRay's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ViewRay could also be used in its relative valuation, which is a method of valuing ViewRay by comparing valuation metrics of similar companies.ViewRay is currently under evaluation in working capital category among its peers.
ViewRay Fundamentals
Return On Equity | -1.09 | |||
Return On Asset | -0.25 | |||
Profit Margin | (1.04) % | |||
Operating Margin | (1.02) % | |||
Current Valuation | 11.47 M | |||
Shares Outstanding | 183.4 M | |||
Shares Owned By Insiders | 17.36 % | |||
Shares Owned By Institutions | 74.60 % | |||
Number Of Shares Shorted | 5.47 M | |||
Price To Earning | (5.47) X | |||
Price To Book | 7.99 X | |||
Price To Sales | 9.42 X | |||
Revenue | 102.21 M | |||
Gross Profit | 10.04 M | |||
EBITDA | (100.46 M) | |||
Net Income | (107.33 M) | |||
Cash And Equivalents | 157.59 M | |||
Cash Per Share | 0.87 X | |||
Total Debt | 86.4 M | |||
Debt To Equity | 0.54 % | |||
Current Ratio | 3.04 X | |||
Book Value Per Share | 0.30 X | |||
Cash Flow From Operations | (91.71 M) | |||
Short Ratio | 1.70 X | |||
Earnings Per Share | (0.26) X | |||
Target Price | 1.0 | |||
Number Of Employees | 295 | |||
Beta | 0.7 | |||
Market Capitalization | 4.59 M | |||
Total Asset | 271.4 M | |||
Retained Earnings | (844.46 M) | |||
Working Capital | 131.77 M | |||
Current Asset | 43.62 M | |||
Current Liabilities | 28.15 M | |||
Z Score | -4.59 | |||
Net Asset | 271.4 M |
About ViewRay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ViewRay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ViewRay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ViewRay 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in ViewRay Stock
If you are still planning to invest in ViewRay check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ViewRay's history and understand the potential risks before investing.
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