Extendicare Stock Short Ratio
| EXE Stock | CAD 7.43 0.03 0.41% |
Extendicare fundamentals help investors to digest information that contributes to Extendicare's financial success or failures. It also enables traders to predict the movement of Extendicare Stock. The fundamental analysis module provides a way to measure Extendicare'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 Extendicare stock.
Extendicare | Short Ratio |
Extendicare Company Short Ratio Analysis
Extendicare's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Extendicare Short Ratio | 15.84 X |
Most of Extendicare's fundamental indicators, such as Short Ratio, 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, Extendicare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Extendicare Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Extendicare is extremely important. It helps to project a fair market value of Extendicare Stock properly, considering its historical fundamentals such as Short Ratio. Since Extendicare'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 Extendicare'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 Extendicare's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Extendicare Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, Extendicare has a Short Ratio of 15.84 times. This is 306.15% higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The short ratio for all Canada stocks is notably lower than that of the firm.
Extendicare Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Extendicare's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Extendicare could also be used in its relative valuation, which is a method of valuing Extendicare by comparing valuation metrics of similar companies.Extendicare is currently under evaluation in short ratio category among related companies.
Extendicare Current Valuation Drivers
We derive many important indicators used in calculating different scores of Extendicare from analyzing Extendicare's financial statements. These drivers represent accounts that assess Extendicare's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Extendicare's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 752.4M | 596.3M | 656.9M | 583.9M | 618.7M | 506.0M | |
| Enterprise Value | 1.2B | 981.0M | 1.1B | 800.6M | 877.3M | 1.5B |
Extendicare Fundamentals
| Return On Equity | 0.37 | ||||
| Return On Asset | 0.0681 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 859.08 M | ||||
| Shares Outstanding | 83.38 M | ||||
| Shares Owned By Insiders | 13.92 % | ||||
| Shares Owned By Institutions | 20.14 % | ||||
| Number Of Shares Shorted | 1.52 M | ||||
| Price To Earning | 26.74 X | ||||
| Price To Book | 6.95 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 1.3 B | ||||
| Gross Profit | 108.53 M | ||||
| EBITDA | 96.8 M | ||||
| Net Income | 33.98 M | ||||
| Cash And Equivalents | 167.28 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 19.88 M | ||||
| Debt To Equity | 6.07 % | ||||
| Current Ratio | 1.04 X | ||||
| Book Value Per Share | 1.08 X | ||||
| Cash Flow From Operations | 23.28 M | ||||
| Short Ratio | 15.84 X | ||||
| Earnings Per Share | 0.41 X | ||||
| Target Price | 8.33 | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 619.54 M | ||||
| Total Asset | 672.73 M | ||||
| Retained Earnings | (393.47 M) | ||||
| Working Capital | (39.25 M) | ||||
| Current Asset | 211.37 M | ||||
| Current Liabilities | 218.02 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 5.98 % | ||||
| Net Asset | 672.73 M | ||||
| Last Dividend Paid | 0.48 |
About Extendicare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Extendicare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Extendicare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Extendicare 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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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extendicare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Extendicare information on this page should be used as a complementary analysis to other Extendicare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Extendicare Stock analysis
When running Extendicare's price analysis, check to measure Extendicare'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 Extendicare is operating at the current time. Most of Extendicare's value examination focuses on studying past and present price action to predict the probability of Extendicare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extendicare's price. Additionally, you may evaluate how the addition of Extendicare to your portfolios can decrease your overall portfolio volatility.
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