Amesite Inc.
Find Ratings ReportsAMESITE INC's gross profit margin for the second quarter of its fiscal year 2024 has significantly decreased when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. AMESITE INC is extremely liquid. Currently, the Quick Ratio is 20.82 which clearly shows the ability to cover any short-term cash needs. AMST managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 44.45% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q2 FY24 | Q2 FY23 |
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Net Sales ($mil) | 0.04 | 0.24 |
EBITDA ($mil) | -0.82 | -0.54 |
EBIT ($mil) | -0.96 | -0.71 |
Net Income ($mil) | -0.91 | -0.7 |
Balance Sheet | Q2 FY24 | Q2 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 3.66 | 6.99 |
Total Assets ($mil) | 4.55 | 8.33 |
Total Debt ($mil) | 0.0 | 0.0 |
Equity ($mil) | 4.38 | 7.88 |
Profitability | Q2 FY24 | Q2 FY23 |
---|---|---|
Gross Profit Margin | -1942.86 | -227.0 |
EBITDA Margin | -1942.85 | -227.0 |
Operating Margin | -2276.19 | -300.84 |
Sales Turnover | 0.1 | 0.11 |
Return on Assets | -80.66 | -79.7 |
Return on Equity | -83.91 | -84.24 |
Debt | Q2 FY24 | Q2 FY23 |
---|---|---|
Current Ratio | 21.92 | 16.42 |
Debt/Capital | 0.0 | 0.0 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q2 FY24 | Q2 FY23 |
---|---|---|
Shares outstanding (mil) | 2.54 | 2.53 |
Div / share | 0.0 | 0.0 |
EPS | -0.36 | -0.24 |
Book value / share | 1.72 | 3.12 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 32046.0 | 14357.0 |
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 1.22 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 11.80. The current price-to-sales ratio is well above the S&P 500 average and above the subsector average, indicating a premium. The valuation analysis reveals that, AMESITE INC seems to be trading at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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AMST NM | Peers 47.17 | AMST NM | Peers 33.15 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. AMST's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. AMST's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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AMST NA | Peers 32.16 | AMST NA | Peers 1.66 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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AMST 1.22 | Peers 11.80 | AMST 51.67 | Peers 148.13 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. AMST is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, AMST is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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AMST 12.41 | Peers 12.32 | AMST -51.02 | Peers 12.66 | |||||||||||||||||||||
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. AMST is trading at a valuation on par with its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. AMST significantly trails its peers on the basis of sales growth. |
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