Edgio Net Income vs. Cash Per Share
| EGIO Stock | USD 0.02 0.00 0.00% |
Net Loss | First Reported 2005-03-31 | Previous Quarter -35.7 M | Current Value -24.5 M | Quarterly Volatility 15.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.45 | 0.37 |
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For Edgio profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Edgio to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Edgio Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Edgio's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Edgio Inc over time as well as its relative position and ranking within its peers.
Edgio |
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edgio. If investors know Edgio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (26.00) | Revenue Per Share 72.469 | Quarterly Revenue Growth (0.12) | Return On Assets (0.14) | Return On Equity (0.63) |
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edgio's market value can be influenced by many factors that don't directly affect Edgio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio'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.
Edgio Inc Cash Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Edgio's current stock value. Our valuation model uses many indicators to compare Edgio value to that of its competitors to determine the firm's financial worth. Edgio Inc is rated below average in net income category among its peers. It also is rated below average in cash per share category among its peers . Edgio reported last year Net Loss of (141.65 Million). 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 Edgio's earnings, one of the primary drivers of an investment's value.Edgio Cash 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.
Edgio |
| = | (141.65 M) |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Edgio |
| = | 0.35 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Edgio Cash Per Share Comparison
Edgio is currently under evaluation in cash per share category among its peers.
Edgio Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Edgio, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Edgio will eventually generate negative long term returns. The profitability progress is the general direction of Edgio's change in net profit over the period of time. It can combine multiple indicators of Edgio, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -10.5 M | -10 M | |
| Operating Income | -117.1 M | -111.2 M | |
| Income Before Tax | -142.5 M | -135.4 M | |
| Total Other Income Expense Net | -20.1 M | -19.1 M | |
| Net Loss | -141.7 M | -134.6 M | |
| Income Tax Expense | -19 M | -18 M | |
| Net Interest Income | -5.4 M | -5.1 M | |
| Interest Income | 1.2 M | 1.2 M | |
| Net Loss | -141.7 M | -134.6 M | |
| Net Loss | -49.3 M | -46.8 M | |
| Change To Netincome | 27.3 M | 16.6 M | |
| Net Loss | (0.86) | (0.82) | |
| Income Quality | 0.10 | 0.15 | |
| Net Income Per E B T | 1.00 | 1.18 |
Edgio Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Edgio. 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 Edgio 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 Edgio's important profitability drivers and their relationship over time.
Use Edgio 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 Edgio 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 Edgio will appreciate offsetting losses from the drop in the long position's value.Edgio Pair Trading
Edgio Inc Pair Trading Analysis
The ability to find closely correlated positions to Edgio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgio 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 Edgio - 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 Edgio Inc to buy it.
The correlation of Edgio 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 Edgio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgio Inc 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 Edgio 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 Edgio position
In addition to having Edgio 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 Shipping Containers Thematic Idea Now
Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
To fully project Edgio's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Edgio Inc 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 Edgio's income statement, its balance sheet, and the statement of cash flows.