Anteris Technologies Current Valuation vs. Cash And Equivalents
| AMEUF Stock | USD 8.88 0.88 11.00% |
For Anteris Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Anteris Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Anteris Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Anteris Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Anteris Technologies over time as well as its relative position and ranking within its peers.
Anteris |
Anteris Technologies Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Anteris Technologies's current stock value. Our valuation model uses many indicators to compare Anteris Technologies value to that of its competitors to determine the firm's financial worth. Anteris Technologies is rated fourth in current valuation category among its peers. It is number one stock in cash and equivalents category among its peers creating about 0.17 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for Anteris Technologies is roughly 5.94 . 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 Anteris Technologies' earnings, one of the primary drivers of an investment's value.Anteris Current Valuation vs. Competition
Anteris Technologies is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Devices industry is presently estimated at about 1.98 Billion. Anteris Technologies holds roughly 196.49 Million in current valuation claiming about 10% of all equities under Medical Devices industry.
Anteris Cash And Equivalents vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Anteris Technologies |
| = | 196.49 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Anteris Technologies |
| = | 33.1 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).
Anteris Cash And Equivalents Comparison
Anteris Technologies is currently under evaluation in cash and equivalents category among its peers.
Anteris Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Anteris Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Anteris Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Anteris Technologies' change in net profit over the period of time. It can combine multiple indicators of Anteris Technologies, 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.
Anteris Technologies Ltd operates as a structural heart company. Anteris Technologies Ltd was incorporated in 1999 and is based in Toowong, Australia. Admedus operates under Medical Devices classification in the United States and is traded on OTC Exchange.
Anteris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Anteris Technologies. 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 Anteris Technologies 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 Anteris Technologies' important profitability drivers and their relationship over time.
Use Anteris Technologies in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Anteris Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Anteris Technologies will appreciate offsetting losses from the drop in the long position's value.Anteris Technologies Pair Trading
Anteris Technologies Pair Trading Analysis
The ability to find closely correlated positions to Anteris Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anteris Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Anteris Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Anteris Technologies to buy it.
The correlation of Anteris Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Anteris Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anteris Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Anteris Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Anteris Technologies position
In addition to having Anteris Technologies 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 Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
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Other Information on Investing in Anteris Pink Sheet
To fully project Anteris Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Anteris 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 Anteris Technologies' income statement, its balance sheet, and the statement of cash flows.