Aduro Clean Cash And Equivalents vs. Book Value Per Share
| ACTHF Stock | USD 5.60 0.09 1.58% |
For Aduro Clean profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aduro Clean to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aduro Clean Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aduro Clean's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aduro Clean Technologies over time as well as its relative position and ranking within its peers.
Aduro |
Aduro Clean Technologies Book Value Per Share vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aduro Clean's current stock value. Our valuation model uses many indicators to compare Aduro Clean value to that of its competitors to determine the firm's financial worth. Aduro Clean Technologies is rated second in cash and equivalents category among its peers. It also is rated second in book value per share category among its peers . The ratio of Cash And Equivalents to Book Value Per Share for Aduro Clean Technologies is about 34,126,984 . 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 Aduro Clean's earnings, one of the primary drivers of an investment's value.Aduro Book Value Per Share vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aduro Clean |
| = | 2.15 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Aduro Clean |
| = | 0.06 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.
Aduro Book Value Per Share Comparison
Aduro Clean is currently under evaluation in book value per share category among its peers.
Aduro Clean Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aduro Clean, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aduro Clean will eventually generate negative long term returns. The profitability progress is the general direction of Aduro Clean's change in net profit over the period of time. It can combine multiple indicators of Aduro Clean, 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.
Aduro Clean Technologies Inc. develops water-based chemical recycling technologies that transform waste plastics, heavy crude and bitumen, and renewable oils into renewable fuels and specialty chemicals. Aduro Clean operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange.
Aduro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aduro Clean. 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 Aduro Clean 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 Aduro Clean's important profitability drivers and their relationship over time.
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Other Information on Investing in Aduro OTC Stock
To fully project Aduro Clean's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aduro Clean Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Aduro Clean's income statement, its balance sheet, and the statement of cash flows.