Firefly Neuroscience Stock Current Asset

AIFF Stock   1.12  0.05  4.67%   
Fundamental analysis of Firefly Neuroscience allows traders to better anticipate movements in Firefly Neuroscience's stock price by examining its financial health and performance throughout various phases of its business cycle.
At this time, Firefly Neuroscience's Non Current Assets Total are most likely to increase significantly in the upcoming years. The Firefly Neuroscience's current Other Current Assets is estimated to increase to about 841.6 K, while Total Current Assets are projected to decrease to roughly 2 M.
  
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Firefly Neuroscience Company Current Asset Analysis

Firefly Neuroscience's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Firefly Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Firefly Neuroscience is extremely important. It helps to project a fair market value of Firefly Stock properly, considering its historical fundamentals such as Current Asset. Since Firefly Neuroscience'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 Firefly Neuroscience'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 Firefly Neuroscience's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Firefly Total Assets

Total Assets

2.66 Million

At this time, Firefly Neuroscience's Total Assets are most likely to decrease significantly in the upcoming years.
In accordance with the recently published financial statements, Firefly Neuroscience has a Current Asset of 0.0. This is 100.0% lower than that of the IT Services sector and 100.0% lower than that of the Information Technology industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Firefly Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Firefly Neuroscience's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Firefly Neuroscience could also be used in its relative valuation, which is a method of valuing Firefly Neuroscience by comparing valuation metrics of similar companies.
Firefly Neuroscience is currently under evaluation in current asset category among its peers.

Firefly Neuroscience Current Valuation Drivers

We derive many important indicators used in calculating different scores of Firefly Neuroscience from analyzing Firefly Neuroscience's financial statements. These drivers represent accounts that assess Firefly Neuroscience's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Firefly Neuroscience's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap1.2B113.3M39.9M17.3M20.0M19.0M
Enterprise Value1.2B113.3M37.8M16.2M18.7M17.7M

Firefly Fundamentals

About Firefly Neuroscience Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Firefly Neuroscience is a strong investment it is important to analyze Firefly Neuroscience's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Firefly Neuroscience's future performance. For an informed investment choice regarding Firefly Stock, refer to the following important reports:
Check out Firefly Neuroscience Piotroski F Score and Firefly Neuroscience Altman Z Score analysis.
For more detail on how to invest in Firefly Stock please use our How to Invest in Firefly Neuroscience guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is IT Consulting & Other Services space 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 Firefly Neuroscience. If investors know Firefly 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 Firefly Neuroscience listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.26)
Revenue Per Share
0.07
Quarterly Revenue Growth
10.758
Return On Assets
(0.61)
Return On Equity
(3.41)
The market value of Firefly Neuroscience is measured differently than its book value, which is the value of Firefly that is recorded on the company's balance sheet. Investors also form their own opinion of Firefly Neuroscience's value that differs from its market value or its book value, called intrinsic value, which is Firefly Neuroscience'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 Firefly Neuroscience's market value can be influenced by many factors that don't directly affect Firefly Neuroscience'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 Firefly Neuroscience's value and its price as these two are different measures arrived at by different means. Investors typically determine if Firefly Neuroscience is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Firefly Neuroscience'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.