Shockwave Medical Stock Cash And Equivalents
Fundamental analysis of Shockwave Medical allows traders to better anticipate movements in Shockwave Medical's stock price by examining its financial health and performance throughout various phases of its business cycle.
Shockwave |
Shockwave Medical Company Cash And Equivalents Analysis
Shockwave Medical's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Shockwave Medical Cash And Equivalents | 224.91 M |
Most of Shockwave Medical's fundamental indicators, such as Cash And Equivalents, 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, Shockwave Medical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, Shockwave Medical has 224.91 M in Cash And Equivalents. This is 72.6% lower than that of the Health Care Equipment & Supplies sector and 59.69% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 91.68% higher than that of the company.
Shockwave Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shockwave Medical's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shockwave Medical could also be used in its relative valuation, which is a method of valuing Shockwave Medical by comparing valuation metrics of similar companies.Shockwave Medical is currently under evaluation in cash and equivalents category among its peers.
Shockwave Fundamentals
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0868 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 12.32 B | |||
| Shares Outstanding | 37.54 M | |||
| Shares Owned By Insiders | 1.19 % | |||
| Shares Owned By Institutions | 98.72 % | |||
| Number Of Shares Shorted | 1.83 M | |||
| Price To Earning | 178.55 X | |||
| Price To Book | 18.38 X | |||
| Price To Sales | 16.83 X | |||
| Revenue | 730.23 M | |||
| Gross Profit | 424.74 M | |||
| EBITDA | 176.35 M | |||
| Net Income | 147.28 M | |||
| Cash And Equivalents | 224.91 M | |||
| Cash Per Share | 6.26 X | |||
| Total Debt | 770.61 M | |||
| Debt To Equity | 0.15 % | |||
| Current Ratio | 5.32 X | |||
| Book Value Per Share | 20.04 X | |||
| Cash Flow From Operations | 196.05 M | |||
| Short Ratio | 2.24 X | |||
| Earnings Per Share | 4.25 X | |||
| Price To Earnings To Growth | 1.38 X | |||
| Target Price | 324.27 | |||
| Number Of Employees | 1.47 K | |||
| Beta | 0.88 | |||
| Market Capitalization | 12.57 B | |||
| Total Asset | 1.57 B | |||
| Retained Earnings | 110.47 M | |||
| Working Capital | 1.12 B | |||
| Net Asset | 1.57 B |
Thematic Opportunities
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Shockwave Stock
If you are still planning to invest in Shockwave Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shockwave Medical's history and understand the potential risks before investing.
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