Therasense Current Ratio vs. Cash And Equivalents
| THER Stock | USD 0.0001 0.00 0.00% |
For Therasense profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Therasense to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Therasense utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Therasense's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Therasense over time as well as its relative position and ranking within its peers.
Therasense |
Therasense Cash And Equivalents vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Therasense's current stock value. Our valuation model uses many indicators to compare Therasense value to that of its competitors to determine the firm's financial worth. Therasense is rated fourth in current ratio category among its peers. It is rated second in cash and equivalents category among its peers creating about 581,000 of Cash And Equivalents per Current Ratio. 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 Therasense's earnings, one of the primary drivers of an investment's value.Therasense Cash And Equivalents vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Therasense |
| = | 0.22 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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.
Therasense |
| = | 127.82 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).
Therasense Cash And Equivalents Comparison
Therasense is currently under evaluation in cash and equivalents category among its peers.
Therasense Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Therasense, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Therasense will eventually generate negative long term returns. The profitability progress is the general direction of Therasense's change in net profit over the period of time. It can combine multiple indicators of Therasense, 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.
Theralink Technologies, Inc., a commercial-stage precision medicine and molecular data-generating company, engages in the development and commercialization of novel cancer immunotherapy products. Theralink Technologies, Inc. was formerly known as OncBioMune Pharmaceuticals, Inc. and changed its name to Theralink Technologies, Inc. in September 2020. Theralink Technologies operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 16 people.
Therasense Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Therasense. 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 Therasense 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 Therasense's important profitability drivers and their relationship over time.
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
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Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
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Additional Tools for Therasense Pink Sheet Analysis
When running Therasense's price analysis, check to measure Therasense'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 Therasense is operating at the current time. Most of Therasense's value examination focuses on studying past and present price action to predict the probability of Therasense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therasense's price. Additionally, you may evaluate how the addition of Therasense to your portfolios can decrease your overall portfolio volatility.