Taitron Components Incorporated Stock Working Capital
| TAIT Stock | USD 3.17 0.04 1.28% |
Taitron Components Incorporated fundamentals help investors to digest information that contributes to Taitron Components' financial success or failures. It also enables traders to predict the movement of Taitron Stock. The fundamental analysis module provides a way to measure Taitron Components' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Taitron Components stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 11.6 M | 11 M | |
| Change In Working Capital | 1.8 M | 1.9 M | |
| Working Capital | 0.00 | 0.00 |
Taitron | Working Capital |
Taitron Components Incorporated Company Working Capital Analysis
Taitron Components' 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. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Taitron Components Working Capital | 11.64 M |
Most of Taitron Components' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Taitron Components Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Taitron Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Taitron Components is extremely important. It helps to project a fair market value of Taitron Stock properly, considering its historical fundamentals such as Working Capital. Since Taitron Components' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Taitron Components' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Taitron Components' interrelated accounts and indicators.
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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.
| Competition |
Taitron Capital Surpluse
Capital Surpluse |
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Based on the company's disclosures, Taitron Components Incorporated has a Working Capital of 11.64 M. This is 99.88% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The working capital for all United States stocks is 99.21% higher than that of the company.
Taitron Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taitron Components' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Taitron Components could also be used in its relative valuation, which is a method of valuing Taitron Components by comparing valuation metrics of similar companies.Taitron Components is currently under evaluation in working capital category among related companies.
Taitron Components Current Valuation Drivers
We derive many important indicators used in calculating different scores of Taitron Components from analyzing Taitron Components' financial statements. These drivers represent accounts that assess Taitron Components' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Taitron Components' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.3M | 18.8M | 23.5M | 20.9M | 21.2M | 22.3M | |
| Enterprise Value | 10.9M | 12.4M | 17.6M | 15.6M | 15.0M | 14.1M |
Taitron Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0427 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 9.01 M | ||||
| Shares Outstanding | 5.26 M | ||||
| Shares Owned By Insiders | 40.21 % | ||||
| Shares Owned By Institutions | 20.71 % | ||||
| Number Of Shares Shorted | 594 | ||||
| Price To Earning | 16.14 X | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 3.13 X | ||||
| Revenue | 6.11 M | ||||
| Gross Profit | 4.12 M | ||||
| EBITDA | 1.37 M | ||||
| Net Income | 1.84 M | ||||
| Cash And Equivalents | 5.92 M | ||||
| Cash Per Share | 0.99 X | ||||
| Total Debt | 163 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 11.25 X | ||||
| Book Value Per Share | 2.80 X | ||||
| Cash Flow From Operations | 3.15 M | ||||
| Short Ratio | 0.07 X | ||||
| Earnings Per Share | 0.31 X | ||||
| Number Of Employees | 15 | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 18.85 M | ||||
| Total Asset | 18.14 M | ||||
| Retained Earnings | 5.42 M | ||||
| Working Capital | 11.64 M | ||||
| Current Asset | 13.16 M | ||||
| Current Liabilities | 1.84 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.84 % | ||||
| Net Asset | 18.14 M | ||||
| Last Dividend Paid | 0.2 |
About Taitron Components Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taitron Components Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taitron Components using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taitron Components Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taitron Components in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taitron Components' short interest history, or implied volatility extrapolated from Taitron Components options trading.
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When determining whether Taitron Components is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taitron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taitron Components Incorporated Stock. Highlighted below are key reports to facilitate an investment decision about Taitron Components Incorporated Stock:Check out Taitron Components Piotroski F Score and Taitron Components Altman Z Score analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.
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Is Taitron Components' industry 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 Taitron Components. If investors know Taitron 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 Taitron Components 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 2.41 | Dividend Share 0.2 | Earnings Share 0.31 | Revenue Per Share 1.017 | Quarterly Revenue Growth (0.46) |
The market value of Taitron Components is measured differently than its book value, which is the value of Taitron that is recorded on the company's balance sheet. Investors also form their own opinion of Taitron Components' value that differs from its market value or its book value, called intrinsic value, which is Taitron Components' 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 Taitron Components' market value can be influenced by many factors that don't directly affect Taitron Components' 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 Taitron Components' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taitron Components is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taitron Components' 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.