Hitek Global Net Worth
Hitek Global Net Worth Breakdown | HKIT |
Hitek Global Net Worth Analysis
Hitek Global's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Hitek Global's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Hitek Global's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Hitek Global's net worth analysis. One common approach is to calculate Hitek Global's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Hitek Global's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Hitek Global's net worth. This approach calculates the present value of Hitek Global's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Hitek Global's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Hitek Global's net worth. This involves comparing Hitek Global's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Hitek Global's net worth relative to its peers.
Enterprise Value |
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To determine if Hitek Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hitek Global's net worth research are outlined below:
| Hitek Global had very high historical volatility over the last 90 days | |
| Hitek Global may become a speculative penny stock | |
| Hitek Global has a strong financial position based on the latest SEC filings | |
| About 60.0% of the company shares are held by company insiders |
Hitek Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hitek Global Ordinary. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hitek Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Follow Hitek Global's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 24.9 M.Market Cap |
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Project Hitek Global's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.04 | 0.04 |
When accessing Hitek Global's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Hitek Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hitek Global's profitability and make more informed investment decisions.
The data published in Hitek Global's official financial statements typically reflect Hitek Global's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Hitek Global's quantitative information. For example, before you start analyzing numbers published by Hitek accountants, it’s essential to understand Hitek Global's liquidity, profitability, and earnings quality within the context of the Software space in which it operates.
Please note, the imprecision that can be found in Hitek Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hitek Global Ordinary. Check Hitek Global's Beneish M Score to see the likelihood of Hitek Global's management manipulating its earnings.
Evaluate Hitek Global's management efficiency
Return On Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0 in 2024. At this time, Hitek Global's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 168.5 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.9 M in 2024. Hitek Global's management efficiency ratios could be used to measure how well Hitek Global manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.14 | 2.24 | |
| Tangible Book Value Per Share | 2.14 | 2.24 | |
| Enterprise Value Over EBITDA | 46.61 | 28.36 | |
| Price Book Value Ratio | 0.49 | 0.47 | |
| Enterprise Value Multiple | 46.61 | 28.36 | |
| Price Fair Value | 0.49 | 0.47 | |
| Enterprise Value | 7.2 M | 6.9 M |
The analysis of Hitek Global's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hitek Global's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hitek Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 1.231 | Revenue 4.6 M | Quarterly Revenue Growth (0.55) | Revenue Per Share 0.344 | Return On Equity 0.0501 |
Hitek Global Earnings per Share Projection vs Actual
Additional Tools for Hitek Stock Analysis
When running Hitek Global's price analysis, check to measure Hitek Global'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 Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.