Star Equity Gross Profit vs. Cash And Equivalents
| STRR Stock | USD 2.65 0.08 2.93% |
Gross Profit | First Reported 2003-03-31 | Previous Quarter 2.2 M | Current Value 2.8 M | Quarterly Volatility 1.7 M |
For Star Equity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Star Equity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Star Equity Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Star Equity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Star Equity Holdings over time as well as its relative position and ranking within its peers.
Star |
Is Biotechnology 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 Star Equity. If investors know Star 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 Star Equity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Earnings Share (1.96) | Revenue Per Share 14.765 | Quarterly Revenue Growth 0.516 | Return On Assets (0.07) |
The market value of Star Equity Holdings is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Equity's value that differs from its market value or its book value, called intrinsic value, which is Star Equity'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 Star Equity's market value can be influenced by many factors that don't directly affect Star Equity'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 Star Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Equity'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.
Star Equity Holdings Cash And Equivalents vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Star Equity's current stock value. Our valuation model uses many indicators to compare Star Equity value to that of its competitors to determine the firm's financial worth. Star Equity Holdings is rated fourth in gross profit category among its peers. It is rated below average in cash and equivalents category among its peers creating about 0.63 of Cash And Equivalents per Gross Profit. The ratio of Gross Profit to Cash And Equivalents for Star Equity Holdings is roughly 1.60 . At this time, Star Equity's Gross Profit is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Star Equity 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.Star Cash And Equivalents vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Star Equity |
| = | 25.88 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Star Equity |
| = | 16.21 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).
Star Cash And Equivalents Comparison
Star Equity is currently under evaluation in cash and equivalents category among its peers.
Star Equity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Star Equity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Star Equity will eventually generate negative long term returns. The profitability progress is the general direction of Star Equity's change in net profit over the period of time. It can combine multiple indicators of Star Equity, 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 | -2 K | -2.1 K | |
| Operating Income | -4.3 M | -4.6 M | |
| Income Before Tax | -2.5 M | -2.6 M | |
| Total Other Income Expense Net | 1.8 M | 1.9 M | |
| Net Income | 25.1 M | 26.4 M | |
| Income Tax Expense | -614 K | -583.3 K | |
| Net Loss | -6.5 M | -6.8 M | |
| Net Interest Income | -6 K | -6.3 K | |
| Net Loss | -2.3 M | -2.4 M | |
| Change To Netincome | 3.3 M | 3.7 M | |
| Net Income Per Share | 8.04 | 8.44 | |
| Income Quality | 0.11 | 0.10 | |
| Net Loss | (9.97) | (9.47) |
Star Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Star Equity. 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 Star Equity 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 Star Equity's important profitability drivers and their relationship over time.
Use Star Equity 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 Star Equity 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 Star Equity will appreciate offsetting losses from the drop in the long position's value.Star Equity Pair Trading
Star Equity Holdings Pair Trading Analysis
The ability to find closely correlated positions to Star Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Star Equity 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 Star Equity - 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 Star Equity Holdings to buy it.
The correlation of Star Equity 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 Star Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Star Equity Holdings 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 Star Equity 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 Star Equity position
In addition to having Star Equity 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?
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Additional Tools for Star Stock Analysis
When running Star Equity's price analysis, check to measure Star Equity'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 Star Equity is operating at the current time. Most of Star Equity's value examination focuses on studying past and present price action to predict the probability of Star Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Equity's price. Additionally, you may evaluate how the addition of Star Equity to your portfolios can decrease your overall portfolio volatility.