Berkeley Lightsinc Stock Current Liabilities
| BLIDelisted Stock | USD 1.20 0.08 6.25% |
Berkeley LightsInc fundamentals help investors to digest information that contributes to Berkeley LightsInc's financial success or failures. It also enables traders to predict the movement of Berkeley Stock. The fundamental analysis module provides a way to measure Berkeley LightsInc's 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 Berkeley LightsInc stock.
Berkeley |
Berkeley LightsInc Company Current Liabilities Analysis
Berkeley LightsInc's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
CompetitionIn accordance with the recently published financial statements, Berkeley LightsInc has a Current Liabilities of 0.0. This is 100.0% lower than that of the Life Sciences Tools & Services sector and 100.0% lower than that of the Health Care industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Berkeley Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Berkeley LightsInc's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Berkeley LightsInc could also be used in its relative valuation, which is a method of valuing Berkeley LightsInc by comparing valuation metrics of similar companies.Berkeley LightsInc is currently under evaluation in current liabilities category among related companies.
Berkeley Fundamentals
| Return On Equity | -0.56 | |||
| Return On Asset | -0.23 | |||
| Profit Margin | (1.25) % | |||
| Operating Margin | (1.20) % | |||
| Current Valuation | 97.05 M | |||
| Shares Outstanding | 72.17 M | |||
| Shares Owned By Insiders | 15.07 % | |||
| Shares Owned By Institutions | 70.30 % | |||
| Number Of Shares Shorted | 2.97 M | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 2.11 X | |||
| Revenue | 78.59 M | |||
| Gross Profit | 53.78 M | |||
| EBITDA | (84.91 M) | |||
| Net Income | (98.04 M) | |||
| Cash And Equivalents | 152.38 M | |||
| Cash Per Share | 2.23 X | |||
| Total Debt | 14.86 M | |||
| Debt To Equity | 0.27 % | |||
| Current Ratio | 6.61 X | |||
| Book Value Per Share | 1.97 X | |||
| Cash Flow From Operations | (47.54 M) | |||
| Short Ratio | 3.58 X | |||
| Earnings Per Share | (1.39) X | |||
| Target Price | 8.33 | |||
| Number Of Employees | 285 | |||
| Beta | 1.36 | |||
| Market Capitalization | 85.78 M | |||
| Total Asset | 226.09 M | |||
| Z Score | 3.0 | |||
| Net Asset | 226.09 M |
About Berkeley LightsInc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Berkeley LightsInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Berkeley LightsInc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Berkeley LightsInc 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 Berkeley LightsInc 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, Berkeley LightsInc's short interest history, or implied volatility extrapolated from Berkeley LightsInc options trading.
Pair Trading with Berkeley LightsInc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berkeley LightsInc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berkeley LightsInc will appreciate offsetting losses from the drop in the long position's value.Moving together with Berkeley Stock
| 0.67 | TRCA | Twin Ridge Capital | PairCorr |
| 0.65 | APAC | Stonebridge Acquisition Symbol Change | PairCorr |
Moving against Berkeley Stock
| 0.95 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.91 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.88 | MDH | MDH Acquisition Corp | PairCorr |
| 0.8 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.8 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Berkeley LightsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkeley LightsInc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berkeley LightsInc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berkeley LightsInc to buy it.
The correlation of Berkeley LightsInc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berkeley LightsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkeley LightsInc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berkeley LightsInc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. 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 economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Berkeley Stock
If you are still planning to invest in Berkeley LightsInc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Berkeley LightsInc's history and understand the potential risks before investing.
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