Myomo Inc Stock Cash Per Share

MYO Stock  USD 3.47  0.02  0.57%   
Myomo Inc fundamentals help investors to digest information that contributes to Myomo's financial success or failures. It also enables traders to predict the movement of Myomo Stock. The fundamental analysis module provides a way to measure Myomo'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 Myomo stock.
Last ReportedProjected for Next Year
Cash Per Share 0.30  0.29 
As of the 31st of May 2024, Cash Per Share is likely to drop to 0.29.
  
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Myomo Inc Company Cash Per Share Analysis

Myomo's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Myomo Cash Per Share

    
  1.46 X  
Most of Myomo's fundamental indicators, such as Cash Per Share, 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, Myomo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Myomo Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Myomo is extremely important. It helps to project a fair market value of Myomo Stock properly, considering its historical fundamentals such as Cash Per Share. Since Myomo's 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 Myomo's 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 Myomo's interrelated accounts and indicators.
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Myomo Cash Per Share Historical Pattern

Today, most investors in Myomo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Myomo's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Myomo cash per share as a starting point in their analysis.
   Myomo Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Myomo Common Stock Shares Outstanding

Common Stock Shares Outstanding

30.97 Million

At this time, Myomo's Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, Myomo Inc has a Cash Per Share of 1.46 times. This is 66.44% lower than that of the Health Care Equipment & Supplies sector and 44.06% lower than that of the Health Care industry. The cash per share for all United States stocks is 70.86% higher than that of the company.

Myomo Current Valuation Drivers

We derive many important indicators used in calculating different scores of Myomo from analyzing Myomo's financial statements. These drivers represent accounts that assess Myomo's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Myomo's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.0M22.4M39.9M3.6M147.8M155.2M
Enterprise Value3.2M10.3M25.1M(1.2M)141.5M148.6M

Myomo ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Myomo's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Myomo's managers, analysts, and investors.
Environmental
Governance
Social

Myomo Fundamentals

About Myomo Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Myomo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myomo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myomo Inc 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.

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When determining whether Myomo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Myomo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Myomo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Myomo Inc Stock:
Check out Myomo Piotroski F Score and Myomo Altman Z Score analysis.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Myomo's price analysis, check to measure Myomo'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 Myomo is operating at the current time. Most of Myomo's value examination focuses on studying past and present price action to predict the probability of Myomo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myomo's price. Additionally, you may evaluate how the addition of Myomo to your portfolios can decrease your overall portfolio volatility.
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Is Myomo's 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 Myomo. If investors know Myomo 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 Myomo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.26)
Revenue Per Share
0.679
Quarterly Revenue Growth
0.089
Return On Assets
(0.39)
Return On Equity
(0.91)
The market value of Myomo Inc is measured differently than its book value, which is the value of Myomo that is recorded on the company's balance sheet. Investors also form their own opinion of Myomo's value that differs from its market value or its book value, called intrinsic value, which is Myomo's 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 Myomo's market value can be influenced by many factors that don't directly affect Myomo's 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 Myomo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Myomo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myomo's 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.