Iridex Stock Total Debt
| IRIX Stock | USD 1.74 0.16 10.13% |
IRIDEX fundamentals help investors to digest information that contributes to IRIDEX's financial success or failures. It also enables traders to predict the movement of IRIDEX Stock. The fundamental analysis module provides a way to measure IRIDEX'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 IRIDEX stock.
Total Debt To Capitalization is likely to drop to 0.24 in 2024. IRIDEX | Total Debt |
IRIDEX Company Total Debt Analysis
IRIDEX's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current IRIDEX Total Debt | 2.75 M |
Most of IRIDEX's fundamental indicators, such as Total Debt, 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, IRIDEX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
IRIDEX Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for IRIDEX is extremely important. It helps to project a fair market value of IRIDEX Stock properly, considering its historical fundamentals such as Total Debt. Since IRIDEX'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 IRIDEX'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 IRIDEX's interrelated accounts and indicators.
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IRIDEX Total Debt Historical Pattern
Today, most investors in IRIDEX Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IRIDEX'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 total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of IRIDEX total debt as a starting point in their analysis.
IRIDEX Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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IRIDEX Net Debt
Based on the latest financial disclosure, IRIDEX has a Total Debt of 2.75 M. This is 99.9% lower than that of the Health Care Equipment & Supplies sector and 99.84% lower than that of the Health Care industry. The total debt for all United States stocks is 99.95% higher than that of the company.
IRIDEX Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IRIDEX's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IRIDEX could also be used in its relative valuation, which is a method of valuing IRIDEX by comparing valuation metrics of similar companies.IRIDEX is currently under evaluation in total debt category among its peers.
IRIDEX Institutional Holders
Institutional Holdings refers to the ownership stake in IRIDEX that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IRIDEX's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IRIDEX's value.| Shares | Citadel Advisors Llc | 2024-09-30 | 50.3 K | Perkins Capital Management Inc | 2024-09-30 | 46.5 K | State Street Corp | 2024-09-30 | 44.7 K | Bank Of New York Mellon Corp | 2024-09-30 | 31.5 K | Northern Trust Corp | 2024-09-30 | 27.2 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 24.4 K | Ubs Group Ag | 2024-09-30 | 15.9 K | Hightower Advisors, Llc | 2024-09-30 | 10 K | Tower Research Capital Llc | 2024-09-30 | 2.5 K | Paragon Assoc & Paragon Assoc Ii Jv | 2024-09-30 | 1000 K | Vanguard Group Inc | 2024-09-30 | 561.1 K |
IRIDEX Fundamentals
| Return On Equity | -1.5 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (0.16) % | ||||
| Current Valuation | 27.33 M | ||||
| Shares Outstanding | 16.64 M | ||||
| Shares Owned By Insiders | 20.67 % | ||||
| Shares Owned By Institutions | 20.05 % | ||||
| Number Of Shares Shorted | 295.5 K | ||||
| Price To Earning | (6.30) X | ||||
| Price To Book | 10.02 X | ||||
| Price To Sales | 0.60 X | ||||
| Revenue | 51.87 M | ||||
| Gross Profit | 25.37 M | ||||
| EBITDA | (7.97 M) | ||||
| Net Income | (9.57 M) | ||||
| Cash And Equivalents | 17.97 M | ||||
| Cash Per Share | 1.12 X | ||||
| Total Debt | 2.75 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 3.19 X | ||||
| Book Value Per Share | 0.16 X | ||||
| Cash Flow From Operations | (6.75 M) | ||||
| Short Ratio | 7.38 X | ||||
| Earnings Per Share | (0.67) X | ||||
| Price To Earnings To Growth | (0.44) X | ||||
| Target Price | 2.0 | ||||
| Number Of Employees | 111 | ||||
| Beta | 0.81 | ||||
| Market Capitalization | 28.95 M | ||||
| Total Asset | 34.44 M | ||||
| Retained Earnings | (79.04 M) | ||||
| Working Capital | 14.48 M | ||||
| Current Asset | 30.77 M | ||||
| Current Liabilities | 7.43 M | ||||
| Net Asset | 34.44 M |
About IRIDEX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IRIDEX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IRIDEX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IRIDEX 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 running IRIDEX's price analysis, check to measure IRIDEX'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 IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.