Hargreaves Lansdown plc - HL.L

HL.L Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
HL.L	0.0	0.2	0.7	1.5	-1.3	49.4	-14.9	-38.9	9.9	426.7
S&P 500	0.6	1.5	2.6	4.0	9.4	25.5	38.0	83.2	195.0	34364.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	HL.L
name	Hargreaves Lansdown plc
price	1103.5
changes percentage	0.0453
change	0.5
day low	1102.5
day high	1106
year high	1169
year low	688
market cap	5229176041
price avg 50	1095.48
price avg 200	1058.253
exchange	LSE
volume	367246
avg volume	2534471
open	1104
previous close	1103
eps	0.62
pe	17.8
earnings announcement	2025-02-20T08:30:00.000+0000
shares outstanding	473871866
timestamp	2025-01-22 18:05:31

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 46.0%

Overall Quarterly Financial Health: 47.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	764900000	735100000	4.05
gross profit	561900000	594400000	-5.47
gross profit ratio	0.73	0.81	-9.15
research and development expenses	4600000	6200000	-25.81
operating expenses	195200000	210000000	-7.05
interest income	29900000	15800000	89.24
interest expense	300000	400000	-25.00
ebitda	411200000	399700000	2.88
ebitdaratio	0.54	0.57	-5.55
operating income	366700000	384400000	-4.60
operating income ratio	0.48	0.52	-8.32
net income	293200000	323800000	-9.45
net income ratio	0.38	0.44	-12.98
eps	0.62	0.68	-8.82

Overall Score of Annual Income Statement

0.38 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 765 million in 2023 from 735 million in 2022 representing a change of 4.05%. This indicates a sales growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 195 million in 2023 from 210 million in 2022 representing a change of -7.05%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 411 million in 2023 from 400 million in 2022 representing a change of 2.88%. The increase in EBITDA indicates improved operational efficiency and profitability.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 562 million in 2023 from 594 million in 2022 representing a change of -5.47%. This indicates a sales profitability decline, which is a negative sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses decreased to 5 million in 2023 from 6 million in 2022 representing a change of -25.81%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Income: Operating income decreased to 367 million in 2023 from 384 million in 2022 representing a change of -4.6%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 293 million in 2023 from 324 million in 2022 representing a change of -9.45%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.62 in 2023 from 0.62 in 2022 representing a change of -8.82%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
revenue	396700000	368200000	7.74
gross profit	295100000	317500000	-7.06
gross profit ratio	0.74	0.86	-13.73
research and development expenses	4600000	14600000	-68.49
operating expenses	96600000	49200000	96.34
interest income	397000000	7050000	5531.21
interest expense	0	0	NaN
ebitda	205900000	189800000	8.48
ebitdaratio	0.52	0.13	304.03
operating income	198500000	135200000	46.82
operating income ratio	0.5	0.37	36.27
net income	158000000	473897969	-66.66
net income ratio	0.4	1.29	-69.05
eps	0.33	474462637	-100.00

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 397 million in 2023Q4 from 368 million in 2023Q2 representing a change of 7.74%. This indicates a sales growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 5 million in 2023Q4 from 15 million in 2023Q2 representing a change of -68.49%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 206 million in 2023Q4 from 190 million in 2023Q2 representing a change of 8.48%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 198 million in 2023Q4 from 135 million in 2023Q2 representing a change of 46.82%. The increase in operating income indicates better operational performance and increased profitability.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 295 million in 2023Q4 from 318 million in 2023Q2 representing a change of -7.06%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 97 million in 2023Q4 from 49 million in 2023Q2 representing a change of 96.34%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Net Income: Net income decreased to 158 million in 2023Q4 from 474 million in 2023Q2 representing a change of -66.66%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.33 in 2023Q4 from 0.33 in 2023Q2 representing a change of -100.0%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1499200000	1285800000	16.60
total liabilities	684100000	576100000	18.75
total equity	815100000	708100000	15.11
cash and cash equivalents	616300000	368000000	67.47
short term investments	21200000	130500000	-83.75
long term investments	0	-500000	100.00
total current assets	1445600000	1214100000	19.07
total non current assets	53600000	71700000	-25.24
total current liabilities	671900000	565500000	18.82
total non current liabilities	12200000	10600000	15.09
common stock	1900000	1900000	0.00
retained earnings	811700000	715200000	13.49
total debt	8600000	12200000	-29.51

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,499 million in 2023 from 1,286 million in 2022 representing a change of 16.6%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 815 million in 2023 from 708 million in 2022 representing a change of 15.11%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 616 million in 2023 from 368 million in 2022 representing a change of 67.47%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 1,446 million in 2023 from 1,214 million in 2022 representing a change of 19.07%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 812 million in 2023 from 715 million in 2022 representing a change of 13.49%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 9 million in 2023 from 12 million in 2022 representing a change of -29.51%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 684 million in 2023 from 576 million in 2022 representing a change of 18.75%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 21 million in 2023 from 130 million in 2022 representing a change of -83.75%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 672 million in 2023 from 566 million in 2022 representing a change of 18.82%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
total assets	1499200000	1249200000	20.01
total liabilities	684100000	535700000	27.70
total equity	815100000	713500000	14.24
cash and cash equivalents	616300000	516000000	19.44
short term investments	21200000	24900000	-14.86
long term investments	0	-2100000	100.00
total current assets	1445600000	1190700000	21.41
total non current assets	53600000	58500000	-8.38
total current liabilities	671900000	524800000	28.03
total non current liabilities	12200000	10900000	11.93
common stock	1900000	1900000	0.00
retained earnings	811700000	719000000	12.89
total debt	8600000	10200000	-15.69

Overall Score of Quarterly Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,499 million in 2023Q4 from 1,249 million in 2023Q2 representing a change of 20.01%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 815 million in 2023Q4 from 714 million in 2023Q2 representing a change of 14.24%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 616 million in 2023Q4 from 516 million in 2023Q2 representing a change of 19.44%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 1,446 million in 2023Q4 from 1,191 million in 2023Q2 representing a change of 21.41%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 812 million in 2023Q4 from 719 million in 2023Q2 representing a change of 12.89%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 9 million in 2023Q4 from 10 million in 2023Q2 representing a change of -15.69%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 684 million in 2023Q4 from 536 million in 2023Q2 representing a change of 27.7%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 21 million in 2023Q4 from 25 million in 2023Q2 representing a change of -14.86%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 672 million in 2023Q4 from 525 million in 2023Q2 representing a change of 28.03%. This indicates a higher short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	243300000	-115000000	311.57
operating cash flow	345500000	215300000	60.47
free cash flow	332500000	192600000	72.64
capital expenditure	-13000000	-22700000	42.73
depreciation and amortization	14600000	15300000	-4.58
deferred income tax	0	-1100000	100.00
stock based compensation	9200000	8200000	12.20
accounts payables	101400000	72200000	40.44
inventory	0	0	NaN
acquisitions net	0	109700000	-100.00
investments in property plant and equipment	-3400000	-22700000	85.02
net cash used for investing activites	96200000	-132400000	172.66
debt repayment	0	0	NaN
common stock issued	4700000	2200000	113.64
common stock repurchased	0	-5000000	100.00
dividends paid	-199200000	-190400000	-4.62
net cash used provided by financing activities	-198400000	-197900000	-0.25
cash at end of period	616600000	373300000	65.18
accounts receivables	-97600000	-203400000	52.02
cash at beginning of period	373300000	488300000	-23.55

Overall Score of Annual Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 243 million in 2023 from -115 million in 2022 representing a change of 311.57%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 346 million in 2023 from 215 million in 2022 representing a change of 60.47%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 332 million in 2023 from 193 million in 2022 representing a change of 72.64%. This indicates an increase in cash generated after accounting for capital expenditures.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -13 million in 2023 from -23 million in 2022 representing a change of 42.73%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -1 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 9 million in 2023 from 8 million in 2022 representing a change of 12.2%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables increased to 101 million in 2023 from 72 million in 2022 representing a change of 40.44%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to -98 in 2023 from -203 million in 2022 representing a change of 52.02%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -199 million in 2023 from -190 million in 2022 representing a change of -4.62%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
operating cash flow	161600000	183900000	-12.13
free cash flow	160900000	175100000	-8.11
capital expenditure	-700000	-8800000	92.05
depreciation and amortization	7400000	7200000	2.78
deferred income tax	0	0	NaN
stock based compensation	5000000	2100000	138.10
accounts receivables	-160500000	62900000	-355.17
accounts payables	284200000	-40700000	798.28
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-4200000	-8800000	52.27
net cash used for investing activites	-600000	96800000	-100.62
debt repayment	0	0	NaN
common stock issued	9400000	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-62800000	-136400000	53.96
net cash used provided by financing activities	-60700000	-137700000	55.92
net change in cash	100300001	142999999	-29.86
cash at end of period	616600000	516299999	19.43
cash at beginning of period	516299999	373300000	38.31

Overall Score of Quarterly Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 100 million in 2023Q4 from 143 million in 2023Q2 representing a change of -29.86%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 162 million in 2023Q4 from 184 million in 2023Q2 representing a change of -12.13%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 161 million in 2023Q4 from 175 million in 2023Q2 representing a change of -8.11%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -1 million in 2023Q4 from -9 million in 2023Q2 representing a change of 92.05%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 5 million in 2023Q4 from 2 million in 2023Q2 representing a change of 138.1%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables increased to 284 million in 2023Q4 from 41 million in 2023Q2 representing a change of 798.28%. This indicates that the company has increased its outstanding obligations to its suppliers.

• 📈 Positive Indicators

  Accounts Receivables: Accounts Receivables decreased to -160 million in 2023Q4 from 63 million in 2023Q2 representing a change of -355.17%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to -63 million in 2023Q4 from -136 million in 2023Q2 representing a change of 53.96%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

Earnings Transcripts ⓘ

We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.

Note: The years mentioned below are fiscal years in accounting.

Q2 2024 Earnings call transcript
Q4 2023 Earnings call transcript

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-06-30	2023-06-30	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	1.61	1.55	4.09
net income per share	0.62	0.68	-9.42
operating cash flow per share	0.73	0.45	60.52
free cash flow per share	0.7	0.41	72.69
cash per share	1.34	1.05	27.92
book value per share	1.72	1.5	14.89
tangible book value per share	1.63	1.39	17.74
shareholders equity per share	1.72	1.5	14.89
interest debt per share	0.02	0.03	-29.34
market cap	5342149061.27	3867292488.57	38.14
enterprise value	4734449061.27	3511492488.57	34.83
pe ratio	18.22	11.94	52.55
price to sales ratio	6.98	5.26	32.75
pocfratio	15.46	17.96	-13.92
pfcf ratio	16.07	20.08	-19.98
pb ratio	6.55	5.45	20.27
ptb ratio	6.55	5.45	20.27
ev to sales	6.19	4.78	29.57
enterprise value over ebitda	11.51	8.79	31.06
ev to operating cash flow	13.7	16.31	-15.98
ev to free cash flow	14.24	18.23	-21.90
earnings yield	0.05	0.08	-34.45
free cash flow yield	0.06	0.05	24.98
debt to equity	0.01	0.02	-38.62
debt to assets	0.01	0.01	-39.54
net debt to ebitda	-1.48	-0.89	-66.02
current ratio	2.15	2.15	0.21
interest coverage	1222.33	961	27.19
income quality	1.18	0.67	77.17
dividend yield	0.04	0.05	-24.26
payout ratio	0.68	0.59	15.54
sales general and administrative to revenue	0.04	0.06	-20.11
research and ddevelopement to revenue	0.01	0.01	-28.70
intangibles to total assets	0.03	0.04	-32.65
capex to operating cash flow	0.04	0.11	-64.31
capex to revenue	0.02	0.03	-44.96
capex to depreciation	0.89	1.48	-39.99
stock based compensation to revenue	0.01	0.01	7.82
graham number	4.89	4.8	2.01
roic	0.33	0.43	-23.47
return on tangible assets	0.2	0.26	-23.39
graham net net	1.13	0.91	24.38
working capital	773700000	648600000	19.29
tangible asset value	774500000	658000000	17.71
net current asset value	761500000	638000000	19.36
invested capital	826800000	717700000	15.20
average receivables	728500000	580450000	25.51
average payables	542550000	447050000	21.36
average inventory	-249999.5	-649999.5	61.54
days sales outstanding	371.11	337.29	10.03
days payables outstanding	1074.68	1264.4	-15.00
days of inventory on hand	0	-1.3	100.00
receivables turnover	0.98	1.08	-9.11
payables turnover	0.34	0.29	17.65
inventory turnover	0	-281.4	100.00
roe	0.36	0.46	-21.16
capex per share	0.03	0.05	-42.71

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.36 on 2024-06-30 from 0.46 on 2023-06-30, representing a change of -21.16%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

  Current Ratio: Current Ratio decreased to 2.15 on 2024-06-30 from 2.15 on 2023-06-30, representing a change of 0.21%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 18.22 on 2024-06-30 from 11.94 on 2023-06-30, representing a change of 52.55%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.01 on 2024-06-30 from 0.02 on 2023-06-30, representing a change of -38.62%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q4	2023-12-31 Q2	Q/Q change %
HL.L
calendar year	2023	2023	NaN
revenue per share	0.84	0.78	7.80
net income per share	0.33	1.0	-66.64
operating cash flow per share	0.34	0.39	-12.08
free cash flow per share	0.34	0.37	-8.06
cash per share	1.34	1.14	17.93
book value per share	1.72	1.5	14.30
tangible book value per share	1.63	1.42	15.11
shareholders equity per share	1.72	1.5	14.30
interest debt per share	0.02	0.02	-15.64
market cap	5343278191.3	3481992975.76	53.45
enterprise value	4735578191.3	2976192975.76	59.12
pe ratio	8.45	1.84	360.26
price to sales ratio	13.47	9.46	42.43
pocfratio	33.06	18.93	74.63
pfcf ratio	33.21	19.89	67.00
pb ratio	6.56	4.88	34.33
ptb ratio	6.56	4.88	34.33
ev to sales	11.94	8.08	47.68
enterprise value over ebitda	23.0	15.68	46.67
ev to operating cash flow	29.3	16.18	81.07
ev to free cash flow	29.43	17.0	73.16
earnings yield	0.03	0.14	-78.27
free cash flow yield	0.03	0.05	-40.12
debt to equity	0.01	0.01	-26.20
debt to assets	0.01	0.01	-29.75
net debt to ebitda	-2.95	-2.66	-10.75
current ratio	2.15	2.27	-5.17
interest coverage	0	0	NaN
income quality	1.02	1.36	-24.81
dividend yield	0.01	0.04	-70.00
payout ratio	0.4	0.29	38.09
sales general and administrative to revenue	0.1	0.07	54.06
research and ddevelopement to revenue	0.01	0.04	-70.76
intangibles to total assets	0.03	0.03	-16.06
capex to operating cash flow	0.0	0.05	-90.95
capex to revenue	0.0	0.02	-92.62
capex to depreciation	0.09	1.22	-92.26
stock based compensation to revenue	0.01	0.01	120.99
graham number	3.59	5.81	-38.25
roic	0.18	0.0	90318.10
return on tangible assets	0.11	0.39	-72.37
graham net net	1.13	0.99	13.91
working capital	773700000	665900000	16.19
tangible asset value	774500000	673200000	15.05
net current asset value	761500000	655000000	16.26
invested capital	826800000	722300000	14.47
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	176.44	152.75	15.51
days payables outstanding	529.46	831.66	-36.34
days of inventory on hand	0	-8.7	100.00
receivables turnover	0.51	0.59	-13.43
payables turnover	0.17	0.11	57.08
inventory turnover	0	-10.35	100.00
roe	0.19	0.66	-70.82
capex per share	0.0	0.02	-92.04

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.19 on 2024-06-30 Q4 from 0.66 on 2023-12-31 Q2, representing a change of -70.82%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

  Current Ratio: Current Ratio decreased to 2.15 on 2024-06-30 Q4 from 2.27 on 2023-12-31 Q2, representing a change of -5.17%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 8.45 on 2024-06-30 Q4 from 1.84 on 2023-12-31 Q2, representing a change of 360.26%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.01 on 2024-06-30 Q4 from 0.01 on 2023-12-31 Q2, representing a change of -26.20%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 1785.94 which is higher than current price 1103.5, indicates the company may be undervalued.