NextPlat Corp Working Capital vs. Book Value Per Share
| NXPLW Stock | USD 0.10 0.01 9.09% |
For NextPlat Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NextPlat Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NextPlat Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NextPlat Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NextPlat Corp over time as well as its relative position and ranking within its peers.
NextPlat |
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 NextPlat Corp. If investors know NextPlat 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 NextPlat Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NextPlat Corp is measured differently than its book value, which is the value of NextPlat that is recorded on the company's balance sheet. Investors also form their own opinion of NextPlat Corp's value that differs from its market value or its book value, called intrinsic value, which is NextPlat Corp'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 NextPlat Corp's market value can be influenced by many factors that don't directly affect NextPlat Corp'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 NextPlat Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextPlat Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextPlat Corp'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.
NextPlat Corp Book Value Per Share vs. Working Capital Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NextPlat Corp's current stock value. Our valuation model uses many indicators to compare NextPlat Corp value to that of its competitors to determine the firm's financial worth. NextPlat Corp is considered to be number one stock in working capital category among its peers. It is regarded second in book value per share category among its peers . The ratio of Working Capital to Book Value Per Share for NextPlat Corp is about 17,103,549 . Comparative valuation analysis is a catch-all technique that is used if you cannot value NextPlat Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NextPlat Book Value Per Share vs. Working Capital
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
NextPlat Corp |
| = | 29.4 M |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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.
NextPlat Corp |
| = | 1.72 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.
NextPlat Book Value Per Share Comparison
NextPlat Corp is currently under evaluation in book value per share category among its peers.
NextPlat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NextPlat Corp. 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 NextPlat Corp 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 NextPlat Corp's important profitability drivers and their relationship over time.
Use NextPlat Corp 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 NextPlat Corp 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 NextPlat Corp will appreciate offsetting losses from the drop in the long position's value.NextPlat Corp Pair Trading
NextPlat Corp Pair Trading Analysis
The ability to find closely correlated positions to NextPlat Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextPlat Corp 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 NextPlat Corp - 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 NextPlat Corp to buy it.
The correlation of NextPlat Corp 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 NextPlat Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextPlat Corp 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 NextPlat Corp 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 NextPlat Corp position
In addition to having NextPlat Corp 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Additional Tools for NextPlat Stock Analysis
When running NextPlat Corp's price analysis, check to measure NextPlat Corp'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 NextPlat Corp is operating at the current time. Most of NextPlat Corp's value examination focuses on studying past and present price action to predict the probability of NextPlat Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextPlat Corp's price. Additionally, you may evaluate how the addition of NextPlat Corp to your portfolios can decrease your overall portfolio volatility.