Shore Bancshares, Inc. - SHBI

SHBI 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 %
SHBI	-0.3	-2.2	11.5	21.0	38.9	33.9	-20.3	-1.2	73.2	143.8
S&P 500	-1.3	-1.9	0.1	5.7	10.7	29.1	24.8	88.0	186.1	33142.5

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	SHBI
name	Shore Bancshares, Inc.
price	16.21
changes percentage	-0.31
change	-0.05
day low	16.10
day high	16.43
year high	16.66
year low	10.06
market cap	540227428
price avg 50	14.37
price avg 200	12.37
exchange	NASDAQ
volume	73019
avg volume	84284
open	16.35
previous close	16.26
eps	1.31
pe	12.37
earnings announcement	2025-01-29T05:00:00.000+0000
shares outstanding	33326800
timestamp	2024-11-15 21:00:00

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: 37.3%

Overall Quarterly Financial Health: 40.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001035092
revenue	128697000	124388000	3.46
gross profit	128697000	124388000	3.46
gross profit ratio	1	1	0.00
research and development expenses	0	0	NaN
operating expenses	159650000	12748000	1,152.35
interest income	214079000	113845000	88.04
interest expense	78772000	12543000	528.02
ebitda	-18124999	-5577000	-225.00
ebitdaratio	-0.14	0.46	-130.91
operating income	0	54684000	-100.00
operating income ratio	0	0.44	-100.00
net income	11228000	31177000	-63.99
net income ratio	0.09	0.25	-65.19
eps	0.42	1.57	-73.25

Overall Score of Annual Income Statement

0.29 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 129 million in 2023 from 124 million in 2022 representing a change of 3.46%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 129 million in 2023 from 124 million in 2022 representing a change of 3.46%. This indicates a sales profitability growth, which is a positive sign for the company.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 160 million in 2023 from 13 million in 2022 representing a change of 1152.35%. 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.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -18 million in 2023 from -6 million in 2022 representing a change of -225.0%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 0 million in 2023 from 55 million in 2022 representing a change of -100.0%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 11 million in 2023 from 31 million in 2022 representing a change of -63.99%. 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 0.42 in 2023 from 0.42 in 2022 representing a change of -73.25%. 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.

	2024Q3	2024Q2	Q/Q change %
0001035092
revenue	50550000	81546000	-38.01
gross profit	81976000	81546000	0.53
gross profit ratio	1.62	1	62.17
research and development expenses	0	0	NaN
operating expenses	14331000	13267000	8.02
interest income	74689000	73106000	2.17
interest expense	31426000	30966000	1.49
ebitda	17302000	19118000	-9.50
ebitdaratio	0.34	-0.04	863.02
operating income	14966000	18658000	-19.79
operating income ratio	0.3	0.23	29.40
net income	11189000	11234000	-0.40
net income ratio	0.22	0.14	60.67
eps	0.34	0.34	0.00

Overall Score of Quarterly Income Statement

0.17 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 51 million in 2024Q3 from 82 million in 2024Q2 representing a change of -38.01%. This indicates a sales shrinking, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 14 million in 2024Q3 from 13 million in 2024Q2 representing a change of 8.02%. 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.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 17 million in 2024Q3 from 19 million in 2024Q2 representing a change of -9.5%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 15 million in 2024Q3 from 19 million in 2024Q2 representing a change of -19.79%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 11 million in 2024Q3 from 11 million in 2024Q2 representing a change of -0.4%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 82 million in 2024Q3 from 82 million in 2024Q2 representing a change of 0.53%. This indicates a sales profitability growth, which is a positive sign for the company.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001035092
total assets	6010918000	3477276000	72.86
total liabilities	5499783000	3112991000	76.67
total equity	511135000	364285000	40.31
cash and cash equivalents	372413000	55499000	571.03
short term investments	-293489000	83587000	-451.12
long term investments	629412000	644275000	-2.31
total current assets	391809000	2611606000	-85.00
total non current assets	6308624000	129930000	4,755.40
total current liabilities	12857000	9908000	29.76
total non current liabilities	601453000	3103083000	-80.62
common stock	332000	199000	66.83
retained earnings	162290000	171613000	-5.43
total debt	85154000	92980000	-8.42

Overall Score of Annual Balance Sheet

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 6,011 million in 2023 from 3,477 million in 2022 representing a change of 72.86%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 511 million in 2023 from 364 million in 2022 representing a change of 40.31%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 372 million in 2023 from 55 million in 2022 representing a change of 571.03%. This indicates an increase in available liquid assets.

  Common Stock: Common Stock increased to 0 in 2023 from 0 in 2022 representing a change of 66.83%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 85 million in 2023 from 93 million in 2022 representing a change of -8.42%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 5,500 million in 2023 from 3,113 million in 2022 representing a change of 76.67%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to -293 million in 2023 from 84 million in 2022 representing a change of -451.12%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 392 million in 2023 from 2,612 million in 2022 representing a change of -85.0%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 13 million in 2023 from 10 million in 2022 representing a change of 29.76%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 162 million in 2023 from 172 million in 2022 representing a change of -5.43%. This indicates an accumulated losses.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001035092
total assets	5917704000	5864017000	0.92
total liabilities	5384433000	5341234000	0.81
total equity	533271000	522783000	2.01
cash and cash equivalents	0	138883000	-100.00
short term investments	133339000	131594000	1.33
long term investments	623872000	138347000	350.95
total current assets	338824000	161650000	109.60
total non current assets	6157703000	5702367000	7.99
total current liabilities	1571393000	4629214000	-66.05
total non current liabilities	3813040000	712020000	435.52
common stock	333000	333000	0.00
retained earnings	180884000	173716000	4.13
total debt	135272000	166009000	-18.52

Overall Score of Quarterly Balance Sheet

0.78 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 5,918 million in 2024Q3 from 5,864 million in 2024Q2 representing a change of 0.92%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 533 million in 2024Q3 from 523 million in 2024Q2 representing a change of 2.01%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 133 million in 2024Q3 from 132 million in 2024Q2 representing a change of 1.33%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 339 million in 2024Q3 from 162 million in 2024Q2 representing a change of 109.6%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 1,571 million in 2024Q3 from 4,629 million in 2024Q2 representing a change of -66.05%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 181 million in 2024Q3 from 174 million in 2024Q2 representing a change of 4.13%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 135 million in 2024Q3 from 166 million in 2024Q2 representing a change of -18.52%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 5,384 million in 2024Q3 from 5,341 million in 2024Q2 representing a change of 0.81%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024Q3 from 139 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in available liquid assets.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001035092
net change in cash	316914000	-528114000	160.01
operating cash flow	22713000	52647000	-56.86
free cash flow	16759000	50232000	-66.64
capital expenditure	-5954000	-2415000	-146.54
depreciation and amortization	9405000	5861000	60.47
deferred income tax	2721000	-1182000	330.20
stock based compensation	1174000	636000	84.59
accounts payables	0	297000	-100.00
inventory	0	0	NaN
acquisitions net	26093000	17000	153,388.24
investments in property plant and equipment	0	-2415000	100.00
net cash used for investing activites	-161000	-581572000	99.97
debt repayment	-109000000	25857000	-521.55
common stock issued	385000	386000	-0.26
common stock repurchased	0	0	NaN
dividends paid	-12733000	-9530000	-33.61
net cash used provided by financing activities	121888000	811000	14,929.35
cash at end of period	372413000	55499000	571.03
accounts receivables	0	-2665000	100.00
cash at beginning of period	55499000	583613000	-90.49

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 317 million in 2023 from -528 million in 2022 representing a change of 160.01%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -6 million in 2023 from -2 million in 2022 representing a change of -146.54%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 0 million in 2022 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 23 million in 2023 from 53 million in 2022 representing a change of -56.86%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 17 million in 2023 from 50 million in 2022 representing a change of -66.64%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Deferred Income Tax: Deferred Income Tax increased to 3 million in 2023 from -1 million in 2022 representing a change of 330.2%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 1 million in 2023 from 1 million in 2022 representing a change of 84.59%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 0 in 2023 from -3 million in 2022 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -13 million in 2023 from -10 million in 2022 representing a change of -33.61%. 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.

	2024Q3	2024Q2	Q/Q change %
0001035092
operating cash flow	9050000	42917000	-78.91
free cash flow	8440000	41285000	-79.56
capital expenditure	-610000	-1632000	62.62
depreciation and amortization	3823000	4118000	-7.16
deferred income tax	2860000	2975000	-3.87
stock based compensation	488000	0	NaN
accounts receivables	-351000	0	NaN
accounts payables	-454000	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-610000	0	NaN
net cash used for investing activites	-5939000	-20006000	70.31
debt repayment	-31000000	81000000	-138.27
common stock issued	97000	121000	-19.83
common stock repurchased	0	0	NaN
dividends paid	-4021000	-4008000	-0.32
net cash used provided by financing activities	41627000	41298000	0.80
net change in cash	44738000	24323000	83.93
cash at end of period	183621000	138883000	32.21
cash at beginning of period	138883000	114560000	21.23

Overall Score of Quarterly Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 45 million in 2024Q3 from 24 million in 2024Q2 representing a change of 83.93%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 9 million in 2024Q3 from 43 million in 2024Q2 representing a change of -78.91%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 8 million in 2024Q3 from 41 million in 2024Q2 representing a change of -79.56%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -1 million in 2024Q3 from -2 million in 2024Q2 representing a change of 62.62%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. 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 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Dividends Paid: Dividends Paid decreased to -4 million in 2024Q3 from -4 million in 2024Q2 representing a change of -0.32%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

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

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	4.84	6.27	-22.72
net income per share	0.42	1.57	-73.10
operating cash flow per share	0.85	2.65	-67.78
free cash flow per share	0.63	2.53	-75.08
cash per share	2.97	7.01	-57.62
book value per share	19.24	18.35	4.80
tangible book value per share	14.82	14.62	1.37
shareholders equity per share	19.24	18.35	4.80
interest debt per share	5.75	4.82	19.42
market cap	378651000	345933210	9.46
enterprise value	91392000	383414210	-76.16
pe ratio	33.72	11.1	203.93
price to sales ratio	2.94	2.78	5.79
pocfratio	16.67	6.57	153.71
pfcf ratio	22.59	6.89	228.08
pb ratio	0.74	0.95	-21.99
ptb ratio	0.74	0.95	-21.99
ev to sales	0.71	3.08	-76.96
enterprise value over ebitda	-5.04	-68.75	92.67
ev to operating cash flow	4.02	7.28	-44.75
ev to free cash flow	5.45	7.63	-28.55
earnings yield	0.03	0.09	-67.10
free cash flow yield	0.04	0.15	-69.52
debt to equity	0.14	0.23	-36.43
debt to assets	0.01	0.02	-48.40
net debt to ebitda	15.85	-6.72	335.82
current ratio	30.47	263.59	-88.44
interest coverage	0	4.36	-100.00
income quality	2.02	1.69	19.79
dividend yield	0.03	0.03	22.06
payout ratio	1.13	0.31	271.00
sales general and administrative to revenue	0.48	0.39	23.84
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.02	0.02	-8.42
capex to operating cash flow	0.26	0.05	471.47
capex to revenue	0.05	0.02	138.29
capex to depreciation	0.63	0.41	53.64
stock based compensation to revenue	0.01	0.01	78.41
graham number	13.52	25.47	-46.91
roic	0	0.09	-100.00
return on tangible assets	0.0	0.01	-79.20
graham net net	-203.46	-89.14	-128.24
working capital	378952000	2601698000	-85.43
tangible asset value	393853000	290197000	35.72
net current asset value	-5107974000	-501385000	-918.77
invested capital	591107000	2736903000	-78.40
average receivables	14300500	8359500	71.07
average payables	671000	2389500	-71.92
average inventory	1197614000	900441500	33.00
days sales outstanding	54.5	27.54	97.93
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	6.7	13.26	-49.48
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	0.02	0.09	-74.33
capex per share	0.22	0.12	84.15

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2023-12-31 from 0.09 on 2022-12-31, representing a change of -74.33%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 30.47 on 2023-12-31 from 263.59 on 2022-12-31, representing a change of -88.44%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 33.72 on 2023-12-31 from 11.10 on 2022-12-31, representing a change of 203.93%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.14 on 2023-12-31 from 0.23 on 2022-12-31, representing a change of -36.43%. 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

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
SHBI
calendar year	2024	2024	NaN
revenue per share	1.52	2.45	-38.17
net income per share	0.34	0.34	-0.65
operating cash flow per share	0.27	1.29	-78.97
free cash flow per share	0.25	1.24	-79.61
cash per share	4.0	8.14	-50.83
book value per share	16.01	15.73	1.75
tangible book value per share	12.89	12.35	4.32
shareholders equity per share	16.01	15.73	1.75
interest debt per share	4.65	5.56	-16.39
market cap	466118806.01	377870580	23.35
enterprise value	601390806.01	404996580	48.49
pe ratio	10.41	8.41	23.85
price to sales ratio	9.22	4.63	98.99
pocfratio	51.5	8.8	484.97
pfcf ratio	55.23	9.15	503.40
pb ratio	0.87	0.72	20.93
ptb ratio	0.87	0.72	20.93
ev to sales	11.9	4.97	139.54
enterprise value over ebitda	34.76	21.18	64.08
ev to operating cash flow	66.45	9.44	604.18
ev to free cash flow	71.25	9.81	626.37
earnings yield	0.02	0.03	-19.26
free cash flow yield	0.02	0.11	-83.43
debt to equity	0.23	0.29	-21.32
debt to assets	0.02	0.03	-20.47
net debt to ebitda	7.82	1.42	451.02
current ratio	0.22	0.03	517.48
interest coverage	0.48	0.6	-20.96
income quality	0.81	3.82	-78.83
dividend yield	0.01	0.01	-18.67
payout ratio	0.36	0.36	0.73
sales general and administrative to revenue	0.36	0.23	59.37
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.02	0.02	-8.26
capex to operating cash flow	0.07	0.04	77.25
capex to revenue	0.01	0.02	-39.70
capex to depreciation	0.16	0.4	-59.74
stock based compensation to revenue	0.01	0	NaN
graham number	11.0	10.94	0.54
roic	0.02	0.02	-17.50
return on tangible assets	0.0	0.0	-1.46
graham net net	-157.61	-154.52	-2.00
working capital	-1232569000	-4467564000	72.41
tangible asset value	429396000	410577000	4.58
net current asset value	-5045609000	-5179584000	2.59
invested capital	-1035647000	-4261420000	75.70
average receivables	9820500	19591000	-49.87
average payables	0	0	NaN
average inventory	-79262000	-67493000	-17.44
days sales outstanding	0	21.68	-100.00
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	4.15	-100.00
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	0.02	0.02	-2.36
capex per share	0.02	0.05	-62.72

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2024-09-30 Q3 from 0.02 on 2024-06-30 Q2, representing a change of -2.36%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 0.22 on 2024-09-30 Q3 from 0.03 on 2024-06-30 Q2, representing a change of 517.48%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. However, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 10.41 on 2024-09-30 Q3 from 8.41 on 2024-06-30 Q2, representing a change of 23.85%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.23 on 2024-09-30 Q3 from 0.29 on 2024-06-30 Q2, representing a change of -21.32%. 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 21.19 which is higher than current price 16.21, indicates the company may be undervalued.