Talis Biomedical Corp Stock Total Asset
| TLIS Stock | USD 9.03 0.12 1.31% |
Talis Biomedical Corp fundamentals help investors to digest information that contributes to Talis Biomedical's financial success or failures. It also enables traders to predict the movement of Talis Stock. The fundamental analysis module provides a way to measure Talis Biomedical'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 Talis Biomedical stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 98.3 M | 141 M | |
| Intangibles To Total Assets | (0.02) | (0.02) |
Talis | Total Asset |
Talis Biomedical Corp Company Total Asset Analysis
Talis Biomedical's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Talis Biomedical Total Asset | 98.34 M |
Most of Talis Biomedical's fundamental indicators, such as Total Asset, 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, Talis Biomedical Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Talis Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Talis Biomedical is extremely important. It helps to project a fair market value of Talis Stock properly, considering its historical fundamentals such as Total Asset. Since Talis Biomedical'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 Talis Biomedical'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 Talis Biomedical's interrelated accounts and indicators.
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Talis Total Asset Historical Pattern
Today, most investors in Talis Biomedical Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Talis Biomedical'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 asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Talis Biomedical total asset as a starting point in their analysis.
Talis Biomedical Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Talis Total Assets
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Based on the latest financial disclosure, Talis Biomedical Corp has a Total Asset of 98.34 M. This is 98.69% lower than that of the Health Care Equipment & Supplies sector and 98.44% lower than that of the Health Care industry. The total asset for all United States stocks is 99.67% higher than that of the company.
Talis Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Talis Biomedical's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Talis Biomedical could also be used in its relative valuation, which is a method of valuing Talis Biomedical by comparing valuation metrics of similar companies.Talis Biomedical is currently under evaluation in total asset category among its peers.
Talis Biomedical ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Talis Biomedical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Talis Biomedical's managers, analysts, and investors.Environmental | Governance | Social |
Talis Biomedical Institutional Holders
Institutional Holdings refers to the ownership stake in Talis Biomedical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Talis Biomedical'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 Talis Biomedical's value.| Shares | Advisor Group Holdings, Inc. | 2023-12-31 | 105 | Larson Financial Group, Llc | 2023-12-31 | 14.0 | Wells Fargo & Co | 2023-12-31 | 13.0 | Qube Research & Technologies | 2023-12-31 | 2.0 | Jpmorgan Chase & Co | 2023-12-31 | 2.0 | Royal Bank Of Canada | 2023-12-31 | 0.0 | New England Capital Financial Advisors Llc | 2023-12-31 | 0.0 | Citigroup Inc | 2024-03-31 | 0.0 | Deutsche Bank Ag | 2023-12-31 | 0.0 | Baker Bros Advisors Lp | 2024-03-31 | 508.3 K | Greenlight Capital, Inc | 2023-12-31 | 149.1 K |
Talis Fundamentals
| Return On Equity | -0.69 | ||||
| Return On Asset | -0.31 | ||||
| Operating Margin | (125.29) % | ||||
| Current Valuation | (34.17 M) | ||||
| Shares Outstanding | 1.82 M | ||||
| Shares Owned By Insiders | 8.30 % | ||||
| Shares Owned By Institutions | 43.49 % | ||||
| Number Of Shares Shorted | 12.66 K | ||||
| Price To Book | 0.22 X | ||||
| Price To Sales | 7.26 X | ||||
| Revenue | 412 K | ||||
| Gross Profit | (149.4 M) | ||||
| EBITDA | (60.7 M) | ||||
| Net Income | (62.01 M) | ||||
| Cash And Equivalents | 165.37 M | ||||
| Cash Per Share | 6.21 X | ||||
| Total Debt | 19.67 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 12.51 X | ||||
| Book Value Per Share | 31.11 X | ||||
| Cash Flow From Operations | (53.24 M) | ||||
| Short Ratio | 1.38 X | ||||
| Earnings Per Share | (31.43) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 99 | ||||
| Beta | 1.66 | ||||
| Market Capitalization | 16.79 M | ||||
| Total Asset | 98.34 M | ||||
| Retained Earnings | (539.96 M) | ||||
| Working Capital | 68.91 M | ||||
| Net Asset | 98.34 M |
About Talis Biomedical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Talis Biomedical Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Talis Biomedical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Talis Biomedical Corp 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 Talis Biomedical
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 Talis Biomedical 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 Talis Biomedical will appreciate offsetting losses from the drop in the long position's value.Moving against Talis Stock
| 0.64 | ABT | Abbott Laboratories Financial Report 18th of July 2024 | PairCorr |
| 0.6 | CAH | Cardinal Health Fiscal Year End 20th of August 2024 | PairCorr |
| 0.58 | DH | Definitive Healthcare Buyout Trend | PairCorr |
| 0.57 | PEN | Penumbra | PairCorr |
| 0.54 | TFX | Teleflex Incorporated | PairCorr |
The ability to find closely correlated positions to Talis Biomedical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talis Biomedical 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 Talis Biomedical - 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 Talis Biomedical Corp to buy it.
The correlation of Talis Biomedical 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 Talis Biomedical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talis Biomedical Corp 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 Talis Biomedical 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.Additional Tools for Talis Stock Analysis
When running Talis Biomedical's price analysis, check to measure Talis Biomedical'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 Talis Biomedical is operating at the current time. Most of Talis Biomedical's value examination focuses on studying past and present price action to predict the probability of Talis Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Talis Biomedical's price. Additionally, you may evaluate how the addition of Talis Biomedical to your portfolios can decrease your overall portfolio volatility.