Wearable Devices Stock Net Income
| WLDSW Stock | USD 0.17 0.01 6.25% |
Wearable Devices fundamentals help investors to digest information that contributes to Wearable Devices' financial success or failures. It also enables traders to predict the movement of Wearable Stock. The fundamental analysis module provides a way to measure Wearable Devices' 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 Wearable Devices stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -7.8 M | -7.4 M | |
| Net Loss | -7.8 M | -7.4 M | |
| Net Loss | (0.48) | (0.51) | |
| Net Income Per E B T | 0.93 | 0.82 |
Wearable | Net Income |
Wearable Devices Company Net Income Analysis
Wearable Devices' 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 Wearable Devices Net Income | (7.81 M) |
Most of Wearable Devices' 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, Wearable Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wearable Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Wearable Devices is extremely important. It helps to project a fair market value of Wearable Stock properly, considering its historical fundamentals such as Net Income. Since Wearable Devices' 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 Wearable Devices' 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 Wearable Devices' interrelated accounts and indicators.
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 |
Based on the recorded statements, Wearable Devices reported net income of (7.81 Million). This is 101.45% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.1% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 101.37% higher than that of the company.
Wearable Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wearable Devices' 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 Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics of similar companies.Wearable Devices is currently under evaluation in net income category among its peers.
Wearable Fundamentals
| Return On Equity | -1.74 | |||
| Return On Asset | -0.71 | |||
| Operating Margin | (10.71) % | |||
| Number Of Shares Shorted | 31.89 K | |||
| Revenue | 82 K | |||
| EBITDA | (8.12 M) | |||
| Net Income | (7.81 M) | |||
| Cash And Equivalents | 1.27 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 575 K | |||
| Current Ratio | 2.20 X | |||
| Book Value Per Share | 1.62 X | |||
| Cash Flow From Operations | (8.43 M) | |||
| Number Of Employees | 28 | |||
| Beta | 2.92 | |||
| Total Asset | 7.59 M | |||
| Retained Earnings | (21.22 M) | |||
| Working Capital | 4.96 M | |||
| Net Asset | 7.59 M |
About Wearable Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wearable Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wearable Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wearable Devices 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 running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.