Oncolytics Biotech Stock Cash Per Share

ONCY Stock  USD 1.12  0.04  3.70%   
Oncolytics Biotech fundamentals help investors to digest information that contributes to Oncolytics Biotech's financial success or failures. It also enables traders to predict the movement of Oncolytics Stock. The fundamental analysis module provides a way to measure Oncolytics Biotech'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 Oncolytics Biotech stock.
Last ReportedProjected for Next Year
Cash Per Share 0.52  0.49 
Cash Per Share is likely to drop to 0.49 in 2024.
  
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Oncolytics Biotech Company Cash Per Share Analysis

Oncolytics Biotech's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Oncolytics Biotech Cash Per Share

    
  0.55 X  
Most of Oncolytics Biotech's fundamental indicators, such as Cash Per Share, 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, Oncolytics Biotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Oncolytics Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Oncolytics Biotech is extremely important. It helps to project a fair market value of Oncolytics Stock properly, considering its historical fundamentals such as Cash Per Share. Since Oncolytics Biotech'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 Oncolytics Biotech'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 Oncolytics Biotech's interrelated accounts and indicators.
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Click cells to compare fundamentals

Oncolytics Cash Per Share Historical Pattern

Today, most investors in Oncolytics Biotech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oncolytics Biotech'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 cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Oncolytics Biotech cash per share as a starting point in their analysis.
   Oncolytics Biotech Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Oncolytics Common Stock Shares Outstanding

Common Stock Shares Outstanding

71.01 Million

At this time, Oncolytics Biotech's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Oncolytics Biotech has a Cash Per Share of 0.55 times. This is 87.36% lower than that of the Biotechnology sector and 87.3% lower than that of the Health Care industry. The cash per share for all United States stocks is 89.02% higher than that of the company.

Oncolytics Cash Per Share Peer Comparison

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

Oncolytics Biotech Current Valuation Drivers

We derive many important indicators used in calculating different scores of Oncolytics Biotech from analyzing Oncolytics Biotech's financial statements. These drivers represent accounts that assess Oncolytics Biotech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Oncolytics Biotech's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap136.7M122.5M94.0M128.1M118.2M137.3M
Enterprise Value123.1M91.6M53.4M116.8M87.1M118.2M

Oncolytics Fundamentals

About Oncolytics Biotech Fundamental Analysis

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

When running Oncolytics Biotech's price analysis, check to measure Oncolytics Biotech'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 Oncolytics Biotech is operating at the current time. Most of Oncolytics Biotech's value examination focuses on studying past and present price action to predict the probability of Oncolytics Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oncolytics Biotech's price. Additionally, you may evaluate how the addition of Oncolytics Biotech to your portfolios can decrease your overall portfolio volatility.