Evertz Technologies Limited Stock Today

ET Stock  CAD 12.38  0.07  0.57%   

Performance

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Odds Of Distress

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Evertz Technologies is selling at 12.38 as of the 6th of December 2024; that is 0.57 percent increase since the beginning of the trading day. The stock's open price was 12.31. Evertz Technologies has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 6th of November 2024 and ending today, the 6th of December 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Technology
Classification
Information Technology
Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company has 75.95 M outstanding shares of which 71.38 K shares are currently shorted by private and institutional investors with about 0.48 days to cover all short positions. More on Evertz Technologies Limited

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Evertz Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Evertz Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evertz Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORomolo Magarelli
Thematic IdeaIT (View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, IT, Information Technology, Communications Equipment, Communication Equipment, Technology, Computing (View all Sectors)
Evertz Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Evertz Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Evertz Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Evertz Technologies' financial leverage. It provides some insight into what part of Evertz Technologies' total assets is financed by creditors.
Liquidity
Evertz Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Evertz Technologies Limited has accumulated 23.22 M in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Evertz Technologies has a current ratio of 1.81, which is within standard range for the sector. Debt can assist Evertz Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Evertz Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Evertz Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Evertz to invest in growth at high rates of return. When we think about Evertz Technologies' use of debt, we should always consider it together with cash and equity.

Depreciation

11.06 Million
Evertz Technologies Limited (ET) is traded on Toronto Exchange in Canada and employs 23 people. Evertz Technologies is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 940.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evertz Technologies's market, we take the total number of its shares issued and multiply it by Evertz Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Evertz Technologies classifies itself under Communications Equipment sector and is part of Information Technology industry. The entity has 75.95 M outstanding shares of which 71.38 K shares are currently shorted by private and institutional investors with about 0.48 days to cover all short positions. Evertz Technologies Limited has accumulated about 12.47 M in cash with 144.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48.
Check Evertz Technologies Probability Of Bankruptcy
Ownership Allocation
Evertz Technologies holds a total of 75.95 Million outstanding shares. Evertz Technologies Limited shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.5 percent of Evertz Technologies outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Evertz Ownership Details

Evertz Technologies Risk Profiles

Although Evertz Technologies' alpha and beta are two of the key measurements used to evaluate Evertz Technologies' performance over the market, the standard measures of volatility play an important role as well.

Evertz Stock Against Markets

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Evertz Technologies Corporate Directors

Rakesh PatelChief Technology Officer, DirectorProfile
Thomas PistorIndependent DirectorProfile
Christopher ColcloughIndependent DirectorProfile
Ian McWalterIndependent DirectorProfile

Other Information on Investing in Evertz Stock

Evertz Technologies financial ratios help investors to determine whether Evertz Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evertz with respect to the benefits of owning Evertz Technologies security.