Odyssey Group Financials
ODYY Stock | USD 0.05 0 5.56% |
With this module, you can analyze Odyssey financials for your investing period. You should be able to track the changes in Odyssey Group individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Odyssey |
Understanding current and past Odyssey Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Odyssey Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Odyssey Group's assets may result in an increase in income on the income statement.
Evaluating Odyssey Group'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 Odyssey Group'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 Odyssey Group's relative financial performance
Chance Of Distress
Over 88
100 | Zero |
Very High
Odyssey Group International has more than 88 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Odyssey Group pink sheet 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, Odyssey Group's odds of distress score SHOULD NOT be confused with the real chance of Odyssey Group International filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Odyssey 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 Odyssey Group's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Odyssey Group's official financial statements usually reflect Odyssey Group'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 Odyssey Group Intern. For example, before you start analyzing numbers published by Odyssey accountants, it's critical to develop an understanding of what Odyssey Group's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Odyssey Group'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, Odyssey Group's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Odyssey Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Odyssey Group International. Please utilize our Beneish M Score to check the likelihood of Odyssey Group's management manipulating its earnings.
Odyssey Group Company Summary
Odyssey Group competes with Medtronic PLC, Edwards Lifesciences, Boston Scientific, DexCom, and Stryker. Odyssey Health, Inc., a medical company, focuses on developing medical products. Odyssey Health, Inc. was founded in 2014 and is based in Las Vegas, Nevada. Odyssey Group operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 4 people.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 2300 West Sahara |
Sector | Healthcare |
Industry | Medical Devices |
Benchmark | NYSE Composite |
Website | www.odysseyhealthinc.com |
Phone | 702 780 6559 |
Currency | USD - US Dollar |
You should never invest in Odyssey Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Odyssey Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Odyssey Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Odyssey Group Key Financial Ratios
Generally speaking, Odyssey Group's financial ratios allow both analysts and investors to convert raw data from Odyssey Group's financial statements into concise, actionable information that can be used to evaluate the performance of Odyssey Group 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 Odyssey Group Intern reports annually and quarterly.Return On Equity | -0.35 | |||
Return On Asset | -6.08 | |||
Beta | -0.47 |
Odyssey Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Odyssey Group's current stock value. Our valuation model uses many indicators to compare Odyssey Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Odyssey Group competition to find correlations between indicators driving Odyssey Group's intrinsic value. More Info.Odyssey Group International is considered to be number one stock in debt to equity category among related companies. It is considered to be number one stock in shares outstanding category among related companies creating about 1,349,896,429 of Shares Outstanding per Debt To Equity. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Odyssey Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Odyssey Group's 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 Odyssey Group's earnings, one of the primary drivers of an investment's value.Odyssey Group Intern Systematic Risk
Odyssey Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Odyssey Group 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Odyssey Group Intern correlated with the market. If Beta is less than 0 Odyssey Group generally moves in the opposite direction as compared to the market. If Odyssey Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Odyssey Group Intern is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Odyssey Group is generally in the same direction as the market. If Beta > 1 Odyssey Group moves generally in the same direction as, but more than the movement of the benchmark.
About Odyssey Group Financials
What exactly are Odyssey Group 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 Odyssey Group's income statement, its balance sheet, and the statement of cash flows. Potential Odyssey Group investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Odyssey Group investors may use each financial statement separately, they are all related. The changes in Odyssey Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Odyssey Group'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 Odyssey Group 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 Odyssey Group 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 Odyssey 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 Odyssey Group's financials are consistent with your investment objective using the following steps:- Review Odyssey Group's 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 Odyssey Group's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Odyssey Group's 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 Odyssey Group's stock is overvalued or undervalued.
Odyssey Group March 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Odyssey Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Odyssey Group International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Odyssey Group International based on widely used predictive technical indicators. In general, we focus on analyzing Odyssey Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Odyssey Group's daily price indicators and compare them against related drivers.
Information Ratio | (0.15) | |||
Maximum Drawdown | 41.0 | |||
Value At Risk | (10.00) | |||
Potential Upside | 10.0 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Group International. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Odyssey Pink Sheet analysis
When running Odyssey Group's price analysis, check to measure Odyssey Group'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 Odyssey Group is operating at the current time. Most of Odyssey Group's value examination focuses on studying past and present price action to predict the probability of Odyssey Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Group's price. Additionally, you may evaluate how the addition of Odyssey Group to your portfolios can decrease your overall portfolio volatility.
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