Ainsworth Game Technology Stock Working Capital
| AINSF Stock | USD 0.78 0.03 4.00% |
Ainsworth Game Technology fundamentals help investors to digest information that contributes to Ainsworth Game's financial success or failures. It also enables traders to predict the movement of Ainsworth Pink Sheet. The fundamental analysis module provides a way to measure Ainsworth Game'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 Ainsworth Game pink sheet.
Ainsworth |
Ainsworth Game Technology Company Working Capital Analysis
Ainsworth Game's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Ainsworth Game Working Capital | 160 M |
Most of Ainsworth Game's fundamental indicators, such as Working Capital, 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, Ainsworth Game Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
In accordance with the company's disclosures, Ainsworth Game Technology has a Working Capital of 160 M. This is 97.32% lower than that of the Consumer Cyclical sector and significantly higher than that of the Gambling industry. The working capital for all United States stocks is 89.18% higher than that of the company.
Ainsworth Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ainsworth Game's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ainsworth Game could also be used in its relative valuation, which is a method of valuing Ainsworth Game by comparing valuation metrics of similar companies.Ainsworth Game is currently under evaluation in working capital category among related companies.
Ainsworth Fundamentals
| Return On Equity | 0.0392 | |||
| Return On Asset | 0.0183 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 220.72 M | |||
| Shares Outstanding | 336.79 M | |||
| Shares Owned By Insiders | 62.33 % | |||
| Shares Owned By Institutions | 16.15 % | |||
| Price To Earning | 30.33 X | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 1.15 X | |||
| Revenue | 167.13 M | |||
| Gross Profit | 138.02 M | |||
| EBITDA | 39.93 M | |||
| Net Income | 11.75 M | |||
| Cash And Equivalents | 50.32 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 13.99 M | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 2.70 X | |||
| Book Value Per Share | 0.92 X | |||
| Cash Flow From Operations | 51.34 M | |||
| Earnings Per Share | 0.03 X | |||
| Number Of Employees | 17 | |||
| Beta | 1.43 | |||
| Market Capitalization | 239.12 M | |||
| Total Asset | 406.54 M | |||
| Retained Earnings | 102 M | |||
| Working Capital | 160 M | |||
| Current Asset | 208 M | |||
| Current Liabilities | 48 M | |||
| Z Score | 10.2 | |||
| Net Asset | 406.54 M |
About Ainsworth Game Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ainsworth Game Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ainsworth Game using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ainsworth Game Technology 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.
Pair Trading with Ainsworth Game
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 Ainsworth Game 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 Ainsworth Game will appreciate offsetting losses from the drop in the long position's value.Moving against Ainsworth Pink Sheet
| 0.83 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.75 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
| 0.74 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.72 | BAC | Bank of America Financial Report 16th of July 2024 | PairCorr |
| 0.71 | MMM | 3M Company Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Ainsworth Game could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ainsworth Game 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 Ainsworth Game - 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 Ainsworth Game Technology to buy it.
The correlation of Ainsworth Game 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 Ainsworth Game moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ainsworth Game Technology 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 Ainsworth Game 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, which includes a position in Ainsworth Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Ainsworth Pink Sheet analysis
When running Ainsworth Game's price analysis, check to measure Ainsworth Game'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 Ainsworth Game is operating at the current time. Most of Ainsworth Game's value examination focuses on studying past and present price action to predict the probability of Ainsworth Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ainsworth Game's price. Additionally, you may evaluate how the addition of Ainsworth Game to your portfolios can decrease your overall portfolio volatility.
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