Datametrex Cash And Equivalents vs. Price To Book

DM Stock  CAD 0.01  0.01  50.00%   
Based on the key profitability measurements obtained from Datametrex's financial statements, Datametrex AI may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Datametrex's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 0.73 in 2024. Days Sales Outstanding is likely to drop to 57.85 in 2024. At this time, Datametrex's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Net Interest Income is likely to climb to about 490.6 K in 2024, despite the fact that Income Before Tax is likely to grow to (19.6 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.460.2778
Way Up
Slightly volatile
For Datametrex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Datametrex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Datametrex AI utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Datametrex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Datametrex AI over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Datametrex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Datametrex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datametrex's 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.

Datametrex AI Price To Book vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Datametrex's current stock value. Our valuation model uses many indicators to compare Datametrex value to that of its competitors to determine the firm's financial worth.
Datametrex AI is rated # 2 in cash and equivalents category among its peers. It also is rated # 2 in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for Datametrex AI is about  25,942 . Price To Book Ratio is likely to drop to 3.12 in 2024. 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 Datametrex's earnings, one of the primary drivers of an investment's value.

Datametrex Price To Book 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.

Datametrex

Cash

 = 

Bank Deposits

+

Liquidities

 = 
66.3 K
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).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Datametrex

P/B

 = 

MV Per Share

BV Per Share

 = 
2.56 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Datametrex Price To Book Comparison

Datametrex is currently under evaluation in price to book category among its peers.

Datametrex Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Datametrex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Datametrex will eventually generate negative long term returns. The profitability progress is the general direction of Datametrex's change in net profit over the period of time. It can combine multiple indicators of Datametrex, 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 Income8.9 M9.4 M
Operating Income-9.3 M-8.8 M
Income Before Tax-20.6 M-19.6 M
Net Loss-19.1 M-18.2 M
Total Other Income Expense Net-11.3 M-10.7 M
Income Tax Expense-1.5 M-1.4 M
Net Loss-26.7 M-25.4 M
Net Loss-4.5 M-4.7 M
Net Interest Income467.2 K490.6 K
Interest Income551.9 K579.5 K
Change To Netincome3.9 M4.1 M
Net Loss(0.05)(0.05)
Income Quality 0.29  0.28 
Net Income Per E B T 0.93  1.07 

Datametrex Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Datametrex. 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 Datametrex 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 Datametrex's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Datametrex 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.

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Use Investing Themes to Complement your Datametrex position

In addition to having Datametrex 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.

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Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Additional Tools for Datametrex Stock Analysis

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