Xortx Therapeutics Stock Price To Sales
XRTX Stock | USD 1.09 0.03 2.68% |
XORTX Therapeutics fundamentals help investors to digest information that contributes to XORTX Therapeutics' financial success or failures. It also enables traders to predict the movement of XORTX Stock. The fundamental analysis module provides a way to measure XORTX Therapeutics' 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 XORTX Therapeutics stock.
Last Reported | Projected for Next Year |
XORTX | Price To Sales |
XORTX Therapeutics Company Price To Sales Analysis
XORTX Therapeutics' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
XORTX Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for XORTX Therapeutics is extremely important. It helps to project a fair market value of XORTX Stock properly, considering its historical fundamentals such as Price To Sales. Since XORTX Therapeutics' 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 XORTX Therapeutics' 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 XORTX Therapeutics' interrelated accounts and indicators.
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, XORTX Therapeutics has a Price To Sales of 0.0 times. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The price to sales for all United States stocks is 100.0% higher than that of the company.
XORTX Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XORTX Therapeutics' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of XORTX Therapeutics could also be used in its relative valuation, which is a method of valuing XORTX Therapeutics by comparing valuation metrics of similar companies.XORTX Therapeutics is currently under evaluation in price to sales category among its peers.
XORTX Therapeutics Current Valuation Drivers
We derive many important indicators used in calculating different scores of XORTX Therapeutics from analyzing XORTX Therapeutics' financial statements. These drivers represent accounts that assess XORTX Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of XORTX Therapeutics' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 8.0M | 10.1M | 11.3M | 134.3M | 4.3M | 4.1M | |
Enterprise Value | 7.8M | 10.1M | 11.2M | 123.9M | 896.6K | 851.8K |
XORTX Fundamentals
Return On Equity | -0.29 | ||||
Return On Asset | -0.33 | ||||
Current Valuation | 1.3 M | ||||
Shares Outstanding | 3.22 M | ||||
Shares Owned By Insiders | 3.01 % | ||||
Shares Owned By Institutions | 6.03 % | ||||
Number Of Shares Shorted | 2.64 K | ||||
Price To Earning | 170.67 X | ||||
Price To Book | 1.65 X | ||||
EBITDA | (4.87 M) | ||||
Net Income | (2.16 M) | ||||
Cash And Equivalents | 13.42 M | ||||
Cash Per Share | 1.03 X | ||||
Total Debt | 11.51 K | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 14.09 X | ||||
Book Value Per Share | 2.32 X | ||||
Cash Flow From Operations | (6.58 M) | ||||
Short Ratio | 0.02 X | ||||
Earnings Per Share | 0.12 X | ||||
Price To Earnings To Growth | 9.08 X | ||||
Target Price | 12.17 | ||||
Beta | -0.21 | ||||
Market Capitalization | 4.34 M | ||||
Total Asset | 5.47 M | ||||
Retained Earnings | (23.66 M) | ||||
Working Capital | 3.77 M | ||||
Current Asset | 341.74 M | ||||
Current Liabilities | 109.37 M | ||||
Net Asset | 5.47 M |
About XORTX Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XORTX Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XORTX Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XORTX Therapeutics 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 XORTX Therapeutics' price analysis, check to measure XORTX Therapeutics' 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 XORTX Therapeutics is operating at the current time. Most of XORTX Therapeutics' value examination focuses on studying past and present price action to predict the probability of XORTX Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XORTX Therapeutics' price. Additionally, you may evaluate how the addition of XORTX Therapeutics to your portfolios can decrease your overall portfolio volatility.