Sphere 3D Corp.Find Ratings Reports
SPHERE 3D CORP's gross profit margin for the third quarter of its fiscal year 2020 has significantly increased when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. SPHERE 3D CORP has very weak liquidity. Currently, the Quick Ratio is 0.39 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 893.68% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q3 FY20||Q3 FY19|
|Net Sales ($mil)||0.89||1.37|
|Net Income ($mil)||-1.19||0.89|
|Balance Sheet||Q3 FY20||Q3 FY19|
|Cash & Equiv. ($mil)||2.9||0.13|
|Total Assets ($mil)||15.02||9.16|
|Total Debt ($mil)||2.57||1.84|
|Profitability||Q3 FY20||Q3 FY19|
|Gross Profit Margin||88.99||53.95|
|Return on Assets||-39.24||-121.81|
|Return on Equity||-97.75||0.0|
|Debt||Q3 FY20||Q3 FY19|
|Share Data||Q3 FY20||Q3 FY19|
|Shares outstanding (mil)||7.6||2.96|
|Div / share||0.0||0.0|
|Book value / share||0.79||-0.26|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||430000.0||498860.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. To use another comparison, its price-to-book ratio of 2.81 indicates a discount versus the S&P 500 average of 4.11 and a significant discount versus the subsector average of 42.76. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, SPHERE 3D CORP proves to trade at a discount to investment alternatives.
|ANY NM||Peers 71.48||ANY NM||Peers 135.08|
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.
ANY'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.
ANY's P/CF is negative making the measure meaningless.
|ANY NA||Peers 91.59||ANY NA||Peers 2.94|
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.
|ANY 2.81||Peers 42.76||ANY 20.47||Peers 122.05|
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.
ANY 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, ANY is expected to significantly trail its peers on the basis of its earnings growth rate.
|ANY 4.33||Peers 15.63||ANY -45.06||Peers 30.43|
Discount. 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.
ANY is trading at a significant discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
ANY significantly trails its peers on the basis of sales growth.