63 Moons Net Income vs. Book Value Per Share

63MOONS Stock   980.10  51.55  5.00%   
Based on 63 Moons' profitability indicators, 63 moons technologies may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess 63 Moons' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2018-06-30
Previous Quarter
-85.9 M
Current Value
-189 M
Quarterly Volatility
343.9 M
 
Covid
For 63 Moons profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 63 Moons to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 63 moons technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 63 Moons's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 63 moons technologies over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between 63 Moons' value and its price as these two are different measures arrived at by different means. Investors typically determine if 63 Moons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 63 Moons' 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.

63 moons technologies Book Value Per Share vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining 63 Moons's current stock value. Our valuation model uses many indicators to compare 63 Moons value to that of its competitors to determine the firm's financial worth.
63 moons technologies is number one stock in net income category among its peers. It also is number one stock in book value per share category among its peers . The ratio of Net Income to Book Value Per Share for 63 moons technologies is about  3,062,929 . At this time, 63 Moons' Net Income is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 63 Moons' earnings, one of the primary drivers of an investment's value.

63MOONS Book Value Per Share vs. Net Income

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.

63 Moons

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
2.23 B
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

63 Moons

Book Value per Share

 = 

Common Equity

Average Shares

 = 
726.45 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

63MOONS Book Value Per Share Comparison

63 Moons is currently under evaluation in book value per share category among its peers.

63 Moons Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in 63 Moons, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 63 Moons will eventually generate negative long term returns. The profitability progress is the general direction of 63 Moons' change in net profit over the period of time. It can combine multiple indicators of 63 Moons, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.2 B3.4 B
Operating Income2.4 B2.5 B
Income Before Tax2.1 B1.1 B
Total Other Income Expense Net-269.8 M-256.3 M
Net Income2.2 B1.1 B
Income Tax Expense15.5 M14.7 M
Interest Income1.3 B970.2 M
Net Loss-146.8 M-139.4 M
Net Interest Income1.3 B839.9 M
Net Income From Continuing Ops2.1 B2.2 B
Change To Netincome-235.2 M-247 M

63MOONS Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on 63 Moons. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of 63 Moons position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the 63 Moons' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in 63 Moons without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Center Now

   

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios
All  Next Launch Module

Use Investing Themes to Complement your 63 Moons position

In addition to having 63 Moons in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Israel Wall Street Thematic Idea Now

Israel Wall Street
Israel Wall Street Theme
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 71 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Israel Wall Street Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for 63MOONS Stock Analysis

When running 63 Moons' price analysis, check to measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.