Velo3d Stock Working Capital
| VELO Stock | USD 13.74 0.83 5.70% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Velo3D's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Velo3D Company Working Capital Analysis
Velo3D'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 Velo3D Working Capital | 19.72 M |
Most of Velo3D'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, Velo3D 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 |
As per the company's disclosures, Velo3D has a Working Capital of 19.72 M. This is 99.57% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The working capital for all United States stocks is 98.67% higher than that of the company.
Velo3D Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Velo3D's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Velo3D could also be used in its relative valuation, which is a method of valuing Velo3D by comparing valuation metrics of similar companies.Velo3D is currently under evaluation in working capital category among its peers.
Velo3D Fundamentals
| Return On Equity | -2.24 | |||
| Return On Asset | -0.34 | |||
| Profit Margin | (1.48) % | |||
| Operating Margin | (0.78) % | |||
| Current Valuation | 357.99 M | |||
| Shares Outstanding | 20.91 M | |||
| Shares Owned By Insiders | 59.37 % | |||
| Shares Owned By Institutions | 1.80 % | |||
| Number Of Shares Shorted | 1.13 M | |||
| Price To Earning | 34.52 X | |||
| Price To Book | 11.19 X | |||
| Price To Sales | 6.86 X | |||
| Revenue | 41 M | |||
| Gross Profit | (902 K) | |||
| EBITDA | (52.44 M) | |||
| Net Income | (73.3 M) | |||
| Cash And Equivalents | 308.01 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 15.92 M | |||
| Current Ratio | 0.59 X | |||
| Book Value Per Share | 1.44 X | |||
| Cash Flow From Operations | (32.68 M) | |||
| Short Ratio | 0.98 X | |||
| Earnings Per Share | 1.37 X | |||
| Target Price | 6.0 | |||
| Number Of Employees | 105 | |||
| Beta | 2.14 | |||
| Market Capitalization | 103.93 M | |||
| Total Asset | 89.18 M | |||
| Retained Earnings | (430.33 M) | |||
| Working Capital | 19.72 M | |||
| Net Asset | 89.18 M |
About Velo3D Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Velo3D's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Velo3D using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Velo3D 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 Velo3D
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 Velo3D 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 Velo3D will appreciate offsetting losses from the drop in the long position's value.Moving against Velo3D Stock
The ability to find closely correlated positions to Velo3D could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Velo3D 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 Velo3D - 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 Velo3D to buy it.
The correlation of Velo3D 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 Velo3D moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Velo3D 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 Velo3D 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 Velo3D Piotroski F Score and Velo3D Altman Z Score analysis. To learn how to invest in Velo3D Stock, please use our How to Invest in Velo3D guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Stock 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 Velo3D. If investors know Velo3D 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 Velo3D listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Velo3D is measured differently than its book value, which is the value of Velo3D that is recorded on the company's balance sheet. Investors also form their own opinion of Velo3D's value that differs from its market value or its book value, called intrinsic value, which is Velo3D'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 Velo3D's market value can be influenced by many factors that don't directly affect Velo3D'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 Velo3D's value and its price as these two are different measures arrived at by different means. Investors typically determine if Velo3D is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velo3D'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.