Converge Technology Financials

CTSDF Stock  USD 2.97  0.04  1.33%   
We suggest to use analysis of Converge Technology fundamentals to see if markets are presently mispricing the company. We were able to break down twenty-nine available fundamental indicators for Converge Technology Solutions, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Converge Technology financials, including its price to earning, net income, book value per share, as well as the relationship between the revenue and total debt . Please also double-check Converge Technology Solutions shares owned by institutions to validate the company can sustain itself down the road. Use Converge Technology to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a bearish sentiment with high volatility. Check odds of Converge Technology to be traded at $2.88 in 90 days.
With this module, you can analyze Converge financials for your investing period. You should be able to track the changes in Converge Technology individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Converge Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Converge Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Converge Technology's assets may result in an increase in income on the income statement.
Evaluating Converge Technology's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Converge Technology's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Converge Technology's relative financial performance

Chance Of Distress

Over 74

Converge Technology Solutions has more than 74 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Converge Technology otc stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Converge Technology's odds of distress score SHOULD NOT be confused with the real chance of Converge Technology Solutions filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Converge is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Converge Technology's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Converge Technology's official financial statements usually reflect Converge Technology's 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 Converge Technology. For example, before you start analyzing numbers published by Converge accountants, it's critical to develop an understanding of what Converge Technology's liquidity, profitability, and earnings quality are in the context of the Technology space in which it operates.
Please note, the presentation of Converge Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Converge Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Converge Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Converge Technology Solutions. Please utilize our Beneish M Score to check the likelihood of Converge Technology's management to manipulate its earnings.

Converge Technology Company Summary

Converge Technology competes with Accenture Plc, International Business, Infosys, Fiserv, and Cognizant Technology. Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions for corporate and government institutions in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Gatineau, Canada. Converge Technology is traded on OTC Exchange in the United States.
InstrumentUSA OTC Stock View All
ExchangeOTCQX Exchange
Business Address85 rue Victoria,
IndustryInformation Technology Services
BenchmarkNYSE Composite
Phone416 360 1495
CurrencyUSD - US Dollar
You should never invest in Converge Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Converge OTC Stock, because this is throwing your money away. Analyzing the key information contained in Converge Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Converge Technology Key Financial Ratios

Generally speaking, Converge Technology's financial ratios allow both analysts and investors to convert raw data from Converge Technology's financial statements into concise, actionable information that can be used to evaluate the performance of Converge Technology 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 Converge Technology reports annually and quarterly.

Converge Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Converge Technology's current stock value. Our valuation model uses many indicators to compare Converge Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Converge Technology competition to find correlations between indicators driving Converge Technology's intrinsic value. More Info.
Converge Technology Solutions is number one stock in net income category among related companies. It is number one stock in profit margin category among related companies . The ratio of Net Income to Profit Margin for Converge Technology Solutions is about  960,602,410 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Converge Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Converge Technology's OTC Stock . 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 Converge Technology's earnings, one of the primary drivers of an investment's value.

Converge Technology Systematic Risk

Converge Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Converge Technology 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.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Converge Technology correlated with the market. If Beta is less than 0 Converge Technology generally moves in the opposite direction as compared to the market. If Converge Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Converge Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Converge Technology is generally in the same direction as the market. If Beta > 1 Converge Technology moves generally in the same direction as, but more than the movement of the benchmark.