Based on the key indicators related to Thermodynetics' liquidity, profitability, solvency, and operating efficiency, Thermodynetics is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, Thermodynetics' Total Current Assets are comparatively stable compared to the past year. Key indicators impacting Thermodynetics' financial strength include:
The essential information of the day-to-day investment outlook for Thermodynetics includes many different criteria found on its balance sheet. An individual investor should monitor Thermodynetics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Thermodynetics.
Please note, the imprecision that can be found in Thermodynetics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Thermodynetics. Check Thermodynetics' Beneish M Score to see the likelihood of Thermodynetics' management manipulating its earnings.
Thermodynetics Stock Summary
Thermodynetics Inc., through its subsidiary, Turbotec Products, Plc, manufactures and sells heat exchangers, fabricated metal components, and flexible connector products for heat transfer and transportation applications in the United States and internationally. The company was founded in 1972 and is based in Windsor, Connecticut. Thermodynetics operates under Metal Fabrication classification in the United States and is traded on OTC Exchange. It employs 2 people.
Comparative valuation techniques use various fundamental indicators to help in determining Thermodynetics's current stock value. Our valuation model uses many indicators to compare Thermodynetics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thermodynetics competition to find correlations between indicators driving Thermodynetics's intrinsic value. More Info.
Thermodynetics is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Thermodynetics' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Thermodynetics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Thermodynetics Systematic Risk
Thermodynetics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thermodynetics 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was nine with a total number of output elements of fifty-two. The Beta measures systematic risk based on how returns on Thermodynetics correlated with the market. If Beta is less than 0 Thermodynetics generally moves in the opposite direction as compared to the market. If Thermodynetics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thermodynetics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thermodynetics is generally in the same direction as the market. If Beta > 1 Thermodynetics moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company 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 Thermodynetics 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 Thermodynetics 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 Thermodynetics' financials are consistent with your investment objective using the following steps:
Review Thermodynetics' 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 Thermodynetics' liquidity and solvency.
Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
Compare Thermodynetics' 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 Thermodynetics' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Thermodynetics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thermodynetics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Thermodynetics growth as a starting point in their analysis.
Additional Tools for Thermodynetics Stock Analysis
When running Thermodynetics' price analysis, check to measure Thermodynetics' 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 Thermodynetics is operating at the current time. Most of Thermodynetics' value examination focuses on studying past and present price action to predict the probability of Thermodynetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermodynetics' price. Additionally, you may evaluate how the addition of Thermodynetics to your portfolios can decrease your overall portfolio volatility.