Sight Sciences Financials

SGHT Stock  USD 3.98  0.03  0.75%   
Based on the key indicators related to Sight Sciences' liquidity, profitability, solvency, and operating efficiency, Sight Sciences is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Sight Sciences' Short Term Debt is comparatively stable compared to the past year. Key indicators impacting Sight Sciences' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio7.9313.2934
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Sight Sciences includes many different criteria found on its balance sheet. An individual investor should monitor Sight Sciences' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sight Sciences.

Net Income

(58.32 Million)

  
Understanding current and past Sight Sciences Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sight Sciences' financial statements are interrelated, with each one affecting the others. For example, an increase in Sight Sciences' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sight Sciences' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sight Sciences. Check Sight Sciences' Beneish M Score to see the likelihood of Sight Sciences' management manipulating its earnings.

Sight Sciences Stock Summary

Sight Sciences competes with Si Bone, Rapid Micro, Tactile Systems, Pulmonx Corp, and Artivion. Sight Sciences, Inc., an ophthalmic medical device company, engages in the development and commercialization of surgical and nonsurgical technologies for the treatment of eye diseases. The company was incorporated in 2010 and is headquartered in Menlo Park, California. Sight Sciences operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 212 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS82657M1053
CUSIP82657M105
LocationCalifornia; U.S.A
Business Address4040 Campbell Avenue,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.sightsciences.com
Phone877 266 1144
CurrencyUSD - US Dollar

Sight Sciences Key Financial Ratios

Sight Sciences Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets30.7M72.8M280.2M213.1M166.7M141.5M
Other Current Liab4.5M6.8M9.6M14.1M7.7M8.0M
Other Liab213K809K1.9M1.2M1.4M919.6K
Net Tangible Assets(54.7M)(88.8M)232.1M160.1M184.1M193.3M
Net Debt(7.3M)(29.0M)(228.0M)(150.7M)(102.7M)(107.9M)
Retained Earnings(55.3M)(90.0M)(153.0M)(239.2M)(294.8M)(280.1M)
Accounts Payable2.3M2.2M3.4M2.7M1.7M2.6M
Cash21.2M61.5M260.7M185M138.1M123.0M
Other Assets168K386K202K211K242.7K226.4K
Net Receivables4.1M5.4M8.7M15.1M14.3M9.1M
Inventory2.2M2.6M3.5M6.1M7.8M4.2M
Other Current Assets426K1.2M4.2M3.4M2.6M2.3M
Total Liab85.4M161.7M48.1M53.0M46.4M57.6M
Net Invested Capital(41.8M)(56.9M)264.8M193.4M154.1M88.8M
Total Current Assets28.0M70.6M277.0M209.7M162.9M138.5M
Net Working Capital20.7M61.3M263.5M191.9M150.6M126.9M

Sight Sciences Key Income Statement Accounts

The reason investors look at the income statement is to determine what Sight Sciences' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision8K61K188K47K110K74.8K
Net Interest Income(1.8M)(2.4M)(4.4M)(4.5M)(5.3M)(5.0M)
Interest Expense2.0M2.4M4.4M4.5M5.4M3.4M
Total Revenue23.3M27.6M49.0M71.3M81.1M47.6M
Gross Profit16.8M18.4M40.3M59.0M69.2M38.3M
Operating Income(24.0M)(32.2M)(51.5M)(84.0M)(57.3M)(60.1M)
Ebit(24.0M)(32.8M)(58.4M)(81.7M)(50.0M)(52.5M)
Research Development8.1M8.9M15.6M22.9M17.6M14.4M
Ebitda(23.6M)(31.7M)(57.2M)(80.5M)(49.4M)(51.9M)
Cost Of Revenue6.5M9.2M8.6M12.4M11.9M9.3M
Income Before Tax(25.9M)(34.6M)(62.8M)(86.2M)(55.4M)(58.2M)
Net Income(25.9M)(34.7M)(63.0M)(86.2M)(55.5M)(58.3M)
Income Tax Expense8K61K188K47K110K74.8K

Sight Sciences Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.8M)(1.7M)(1.3M)(3.3M)(2.2M)(2.3M)
Investments(672K)(953K)(813K)(970K)(656K)(688.8K)
Change In Cash17.0M40.3M199.2M(75.7M)(46.9M)(44.5M)
Free Cash Flow(25.7M)(33.1M)(53.4M)(76.9M)(48.0M)(50.4M)
Depreciation295K554K632K710K614K525.8K
Other Non Cash Items662K(1.1M)1.3M2.3M2.3M2.4M
Capital Expenditures672K953K813K970K791K874.3K
Net Income(25.9M)(34.7M)(63.0M)(86.2M)(55.5M)(58.3M)
End Period Cash Flow21.2M61.5M260.7M185M138.1M123.0M
Change To Netincome393K607K13.4M14.1M16.2M17.0M

Sight Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sight Sciences's current stock value. Our valuation model uses many indicators to compare Sight Sciences value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sight Sciences competition to find correlations between indicators driving Sight Sciences's intrinsic value. More Info.
Sight Sciences is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Sight Sciences' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sight Sciences by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sight Sciences Systematic Risk

Sight Sciences' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sight Sciences volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Sight Sciences correlated with the market. If Beta is less than 0 Sight Sciences generally moves in the opposite direction as compared to the market. If Sight Sciences Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sight Sciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sight Sciences is generally in the same direction as the market. If Beta > 1 Sight Sciences moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Sight Sciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sight Sciences' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sight Sciences growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.13

At this time, Sight Sciences' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Sight Sciences November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sight Sciences help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sight Sciences. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sight Sciences based on widely used predictive technical indicators. In general, we focus on analyzing Sight Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sight Sciences's daily price indicators and compare them against related drivers.

Additional Tools for Sight Stock Analysis

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