Indigo Books Financials
| IDGBF Stock | USD 1.78 0.01 0.56% |
Indigo |
Understanding current and past Indigo Books Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Indigo Books' financial statements are interrelated, with each one affecting the others. For example, an increase in Indigo Books' assets may result in an increase in income on the income statement.
The data published in Indigo Books' official financial statements usually reflect Indigo Books' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Indigo Books Music. For example, before you start analyzing numbers published by Indigo accountants, it's critical to develop an understanding of what Indigo Books' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Indigo Books' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Indigo Books' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Indigo Books' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Indigo Books Music. Please utilize our Beneish M Score to check the likelihood of Indigo Books' management manipulating its earnings.
Indigo Books Stock Summary
Indigo Books competes with Alsea SAB, Marstons PLC, Dominos Pizza, and Marstons PLC. Indigo Books Music Inc., together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. Indigo Books Music Inc. was founded in 1940 and is headquartered in Toronto, Canada. Indigo Books operates under Specialty Retail classification in the United States and is traded on OTC Exchange. It employs 5000 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 620 King Street |
| Sector | Specialty Retail |
| Industry | Consumer Discretionary |
| Benchmark | NYSE Composite |
| Website | www.chapters.indigo.ca |
| Phone | 416 364 4499 |
| Currency | USD - US Dollar |
You should never invest in Indigo Books without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Indigo Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Indigo Books' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Indigo Books Key Financial Ratios
Generally speaking, Indigo Books' financial ratios allow both analysts and investors to convert raw data from Indigo Books' financial statements into concise, actionable information that can be used to evaluate the performance of Indigo Books over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Indigo Books Music reports annually and quarterly.| Return On Equity | -0.81 | |||
| Return On Asset | -0.0034 | |||
| Beta | 1.34 |
Indigo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Indigo Books's current stock value. Our valuation model uses many indicators to compare Indigo Books value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Indigo Books competition to find correlations between indicators driving Indigo Books's intrinsic value. More Info.Indigo Books Music is currently regarded as number one stock in return on equity category among related companies. It is currently regarded as number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Indigo Books by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Indigo Books' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Indigo Books' earnings, one of the primary drivers of an investment's value.Indigo Books Music Systematic Risk
Indigo Books' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Indigo Books volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Indigo Books Music correlated with the market. If Beta is less than 0 Indigo Books generally moves in the opposite direction as compared to the market. If Indigo Books Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Indigo Books Music is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Indigo Books is generally in the same direction as the market. If Beta > 1 Indigo Books moves generally in the same direction as, but more than the movement of the benchmark.
About Indigo Books Financials
What exactly are Indigo Books Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Indigo Books' income statement, its balance sheet, and the statement of cash flows. Potential Indigo Books investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Indigo Books investors may use each financial statement separately, they are all related. The changes in Indigo Books's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Indigo Books's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Indigo Books Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Indigo Books is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Indigo has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Indigo Books' financials are consistent with your investment objective using the following steps:- Review Indigo Books' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Indigo Books' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Indigo Books' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Indigo Books' stock is overvalued or undervalued.
Indigo Books Thematic Clasifications
Indigo Books Music is part of several thematic ideas from Books to Music and Video. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasIndigo Books April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Indigo Books help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Indigo Books Music. We use our internally-developed statistical techniques to arrive at the intrinsic value of Indigo Books Music based on widely used predictive technical indicators. In general, we focus on analyzing Indigo Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Indigo Books's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.099 | |||
| Maximum Drawdown | 48.79 | |||
| Value At Risk | (1.90) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indigo Books Music. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Indigo Books Music information on this page should be used as a complementary analysis to other Indigo Books' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Indigo Pink Sheet analysis
When running Indigo Books' price analysis, check to measure Indigo Books' 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 Indigo Books is operating at the current time. Most of Indigo Books' value examination focuses on studying past and present price action to predict the probability of Indigo Books' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indigo Books' price. Additionally, you may evaluate how the addition of Indigo Books to your portfolios can decrease your overall portfolio volatility.
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