Technology One Limited - TNE.AX

TNE.AX 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 %
TNE.AX	0.3	2.7	-1.3	24.7	55.6	93.7	191.9	258.2	817.2	2945.0
S&P 500	0.4	-1.0	2.6	4.3	11.5	23.1	34.2	84.6	203.8	34224.7

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	TNE.AX
name	Technology One Limited
price	30.45
changes percentage	0.3295
change	0.1
day low	30.35
day high	30.84
year high	32.27
year low	15.33
market cap	9963691604
price avg 50	30.3288
price avg 200	23.3332
exchange	ASX
volume	483106
avg volume	756549
open	30.39
previous close	30.35
eps	0.36
pe	84.58
earnings announcement	2025-05-20T12:00:00.000+0000
shares outstanding	327214831
timestamp	2025-01-30 05:10:50

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: 65.3%

Overall Quarterly Financial Health: 33.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
revenue	506536000	429378000	17.97
gross profit	445378000	247931000	79.64
gross profit ratio	0.88	0.58	52.27
research and development expenses	0	0	NaN
operating expenses	445378000	59157000	652.87
interest income	8444000	4139000	104.01
interest expense	2644000	2123000	24.54
ebitda	224291000	185479000	20.93
ebitdaratio	0.44	0.43	2.51
operating income	0	119992000	-100.00
operating income ratio	0	0.28	-100.00
net income	118014000	102876000	14.71
net income ratio	0.23	0.24	-2.76
eps	0.36	0.32	12.50

Overall Score of Annual Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 507 million in 2024 from 429 million in 2023 representing a change of 17.97%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 445 million in 2024 from 248 million in 2023 representing a change of 79.64%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 445 million in 2024 from 59 million in 2023 representing a change of 652.87%. 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 224 million in 2024 from 185 million in 2023 representing a change of 20.93%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 118 million in 2024 from 103 million in 2023 representing a change of 14.71%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.36 in 2024 from 0.36 in 2023 representing a change of 12.5%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Income: Operating income decreased to 0 million in 2024 from 120 million in 2023 representing a change of -100.0%. The decrease in operating income indicates worse operational performance and decreased profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	240826000	228373000	5.45
gross profit	130056000	142510000	-8.74
gross profit ratio	0.54	0.62	-13.46
research and development expenses	78347000	31422000	149.34
operating expenses	71388000	66834999	6.81
interest income	3817000	1432000	166.55
interest expense	956000	1115000	-14.26
ebitda	61508000	106244000	-42.11
ebitdaratio	0.26	0.45	-43.68
operating income	58540000	75534000	-22.50
operating income ratio	0.24	0.33	-26.51
net income	48003000	61595000	-22.07
net income ratio	0.2	0.27	-26.10
eps	0.15	0.19	-21.05

Overall Score of Quarterly Income Statement

0.38 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 241 million in 2024Q2 from 228 million in 2023Q4 representing a change of 5.45%. This indicates a sales growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 78 million in 2024Q2 from 31 million in 2023Q4 representing a change of 149.34%. 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 62 million in 2024Q2 from 106 million in 2023Q4 representing a change of -42.11%. The increase in EBITDA indicates improved operational efficiency and profitability.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 130 million in 2024Q2 from 143 million in 2023Q4 representing a change of -8.74%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 71 million in 2024Q2 from 67 million in 2023Q4 representing a change of 6.81%. 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.

  Operating Income: Operating income decreased to 59 million in 2024Q2 from 76 million in 2023Q4 representing a change of -22.5%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 48 million in 2024Q2 from 62 million in 2023Q4 representing a change of -22.07%. 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 0.15 in 2024Q2 from 0.15 in 2023Q4 representing a change of -21.05%. 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.

	2024	2023	Y/Y change %
0000000000
total assets	757440000	636737000	18.96
total liabilities	378178000	386821000	-2.23
total equity	379262000	306006000	23.94
cash and cash equivalents	55208000	198265000	-72.15
short term investments	223481000	25000000	793.92
long term investments	0	3618000	-100.00
total current assets	407093000	344426000	18.19
total non current assets	350347000	304857000	14.92
total current liabilities	322786000	303836000	6.24
total non current liabilities	55392000	82985000	-33.25
common stock	77321000	67466000	14.61
retained earnings	183842000	187313000	-1.85
total debt	59667000	33156000	79.96

Overall Score of Annual Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 757 million in 2024 from 637 million in 2023 representing a change of 18.96%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 378 million in 2024 from 387 million in 2023 representing a change of -2.23%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 379 million in 2024 from 306 million in 2023 representing a change of 23.94%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 223 million in 2024 from 25 million in 2023 representing a change of 793.92%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 407 million in 2024 from 344 million in 2023 representing a change of 18.19%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 77 in 2024 from 67 in 2023 representing a change of 14.61%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 55 million in 2024 from 198 million in 2023 representing a change of -72.15%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 323 million in 2024 from 304 million in 2023 representing a change of 6.24%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 184 million in 2024 from 187 million in 2023 representing a change of -1.85%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 60 million in 2024 from 33 million in 2023 representing a change of 79.96%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
total assets	757440000	583644000	29.78
total liabilities	378178000	266194000	42.07
total equity	379262000	317450000	19.47
cash and cash equivalents	55208000	103213000	-46.51
short term investments	223481000	68787000	224.89
long term investments	0	0	NaN
total current assets	407093000	298636000	36.32
total non current assets	350347000	285008000	22.93
total current liabilities	322786000	245668000	31.39
total non current liabilities	55392000	20526000	169.86
common stock	77321000	73199000	5.63
retained earnings	183842000	187000000	-1.69
total debt	59667000	17597000	239.07

Overall Score of Quarterly Balance Sheet

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 757 million in 2024Q4 from 584 million in 2024Q2 representing a change of 29.78%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 379 million in 2024Q4 from 317 million in 2024Q2 representing a change of 19.47%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 223 million in 2024Q4 from 69 million in 2024Q2 representing a change of 224.89%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 407 million in 2024Q4 from 299 million in 2024Q2 representing a change of 36.32%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 77 in 2024Q4 from 73 in 2024Q2 representing a change of 5.63%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 378 million in 2024Q4 from 266 million in 2024Q2 representing a change of 42.07%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 55 million in 2024Q4 from 103 million in 2024Q2 representing a change of -46.51%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 323 million in 2024Q4 from 246 million in 2024Q2 representing a change of 31.39%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 184 million in 2024Q4 from 187 million in 2024Q2 representing a change of -1.69%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 60 million in 2024Q4 from 18 million in 2024Q2 representing a change of 239.07%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
net change in cash	-143057000	22400000	-738.65
operating cash flow	0	193659000	-100.00
free cash flow	120107000	103533000	16.01
capital expenditure	-92639000	-90126000	-2.79
depreciation and amortization	0	53502000	-100.00
deferred income tax	0	-115816000	100.00
stock based compensation	0	5827000	-100.00
accounts payables	0	2252000	-100.00
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-6322000	-7770000	18.64
net cash used for investing activites	-291120000	-115126000	-152.87
debt repayment	0	0	NaN
common stock issued	7836000	8139000	-3.72
common stock repurchased	0	0	NaN
dividends paid	-64846000	-56605000	-14.56
net cash used provided by financing activities	-64700000	-56223000	-15.08
cash at end of period	55208000	198265000	-72.15
accounts receivables	0	0	NaN
cash at beginning of period	198265000	175865000	12.74

Overall Score of Annual Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -143 million in 2024 from 22 million in 2023 representing a change of -738.65%. 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 0 million in 2024 from 194 million in 2023 representing a change of -100.0%. This indicates that the company generated less cash from its core business operations.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024 from -116 million in 2023 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Dividends Paid: Dividends Paid decreased to -65 million in 2024 from -57 million in 2023 representing a change of -14.56%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Free Cash Flow: Free Cash Flow increased to 120 million in 2024 from 104 million in 2023 representing a change of 16.01%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -93 million in 2024 from -90 million in 2023 representing a change of -2.79%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024 from 6 million in 2023 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2024 from 2 million in 2023 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	36396000	156213000	-76.70
free cash flow	31562000	102211000	-69.12
capital expenditure	-4834000	-54002000	91.05
depreciation and amortization	6058000	28022000	-78.38
deferred income tax	0	-53990000	100.00
stock based compensation	4574000	3183000	43.70
accounts receivables	0	-5237000	100.00
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-4834000	-54002000	91.05
net cash used for investing activites	-84630000	-79002000	-7.12
debt repayment	0	0	NaN
common stock issued	5733000	872000	557.45
common stock repurchased	0	0	NaN
dividends paid	-48316000	-14995000	-222.21
net cash used provided by financing activities	-46818000	-18166000	-157.72
net change in cash	103213000	59135000	74.54
cash at end of period	103213000	198265000	-47.94
cash at beginning of period	0	139130000	-100.00

Overall Score of Quarterly Cashflow Statement

0.12 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 103 million in 2024Q2 from 59 million in 2023Q4 representing a change of 74.54%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 36 million in 2024Q2 from 156 million in 2023Q4 representing a change of -76.7%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 32 million in 2024Q2 from 102 million in 2023Q4 representing a change of -69.12%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -5 million in 2024Q2 from -54 million in 2023Q4 representing a change of 91.05%. 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 2024Q2 from -54 million in 2023Q4 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 5 million in 2024Q2 from 3 million in 2023Q4 representing a change of 43.7%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -5 million in 2023Q4 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 -48 million in 2024Q2 from -15 million in 2023Q4 representing a change of -222.21%. 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

	2024-09-30	2023-09-30	Y/Y change %
FY
calendar year	2024	2023	NaN
revenue per share	1.56	1.32	17.52
net income per share	0.36	0.32	14.28
operating cash flow per share	0	0.6	-100.00
free cash flow per share	0.37	0.32	15.57
cash per share	0.86	0.69	24.35
book value per share	1.16	0.77	51.18
tangible book value per share	0.46	0.13	253.38
shareholders equity per share	1.16	0.94	23.47
interest debt per share	0.19	0.11	75.95
market cap	7770148199.24	5031797969.22	54.42
enterprise value	7774607199.24	4866688969.22	59.75
pe ratio	65.84	48.91	34.61
price to sales ratio	15.34	11.72	30.90
pocfratio	0	25.98	-100.00
pfcf ratio	64.69	48.6	33.11
pb ratio	20.49	16.44	24.59
ptb ratio	20.49	16.44	24.59
ev to sales	15.35	11.33	35.42
enterprise value over ebitda	34.66	26.24	32.11
ev to operating cash flow	0	25.13	-100.00
ev to free cash flow	64.73	47.01	37.71
earnings yield	0.02	0.02	-25.71
free cash flow yield	0.02	0.02	-24.88
debt to equity	0.16	0.11	45.20
debt to assets	0.08	0.05	51.28
net debt to ebitda	0.02	-0.89	102.23
current ratio	1.26	1.13	11.26
interest coverage	0	56.52	-100.00
income quality	0	1.88	-100.00
dividend yield	0.01	0.01	-25.81
payout ratio	0.55	0.55	-0.14
sales general and administrative to revenue	0.42	0.43	-2.09
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.31	0.33	-6.69
capex to operating cash flow	0	0.47	-100.00
capex to revenue	0.18	0.21	-12.87
capex to depreciation	0	1.68	-100.00
stock based compensation to revenue	0	0.01	-100.00
graham number	3.08	2.59	18.79
roic	0	0.27	-100.00
return on tangible assets	0.22	0.24	-6.60
graham net net	-0.15	-0.31	50.87
working capital	84307000	40590000	107.70
tangible asset value	148232000	41788000	254.72
net current asset value	28915000	-42395000	168.20
invested capital	382502000	284674000	34.36
average receivables	76426500	71286500	7.21
average payables	31220500	40032000	-22.01
average inventory	563500	563500.5	-0.00
days sales outstanding	48.67	72.52	-32.88
days payables outstanding	135.52	79.93	69.56
days of inventory on hand	0	2.27	-100.00
receivables turnover	7.5	5.03	48.99
payables turnover	2.69	4.57	-41.02
inventory turnover	0	161	-100.00
roe	0.31	0.34	-7.44
capex per share	0.28	0.28	2.40

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.31 on 2024-09-30 from 0.34 on 2023-09-30, representing a change of -7.44%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.16 on 2024-09-30 from 0.11 on 2023-09-30, representing a change of 45.20%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, 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.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 65.84 on 2024-09-30 from 48.91 on 2023-09-30, representing a change of 34.61%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.26 on 2024-09-30 from 1.13 on 2023-09-30, representing a change of 11.26%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-09-30 Q4	2024-03-31 Q2	Q/Q change %
TNE.AX
calendar year	2024	2024	NaN
revenue per share	0	0.74	-100.00
net income per share	0	0.15	-100.00
operating cash flow per share	0	0.11	-100.00
free cash flow per share	0	0.1	-100.00
cash per share	0	0.53	-100.00
book value per share	0	0.98	-100.00
tangible book value per share	0	0.31	-100.00
shareholders equity per share	0	0.98	-100.00
interest debt per share	0	0.06	-100.00
market cap	0	5453564556.8	-100.00
enterprise value	4459000	5367948556.8	-99.92
pe ratio	0	28.4	-100.00
price to sales ratio	0	22.65	-100.00
pocfratio	0	149.84	-100.00
pfcf ratio	0	172.79	-100.00
pb ratio	0	17.18	-100.00
ptb ratio	0	17.18	-100.00
ev to sales	0	22.29	-100.00
enterprise value over ebitda	0	87.27	-100.00
ev to operating cash flow	0	147.49	-100.00
ev to free cash flow	0	170.08	-100.00
earnings yield	None	0.01	NaN
free cash flow yield	0	0.01	-100.00
debt to equity	0.16	0.06	183.81
debt to assets	0.08	0.03	161.27
net debt to ebitda	0	-1.39	100.00
current ratio	1.26	1.22	3.75
interest coverage	0	61.23	-100.00
income quality	0	0.76	-100.00
dividend yield	None	0.01	NaN
payout ratio	0	1.01	-100.00
sales general and administrative to revenue	0	0.09	-100.00
research and ddevelopement to revenue	0	0.33	-100.00
intangibles to total assets	0.31	0.37	-17.85
capex to operating cash flow	0	0.13	-100.00
capex to revenue	0	0.02	-100.00
capex to depreciation	0	0.8	-100.00
stock based compensation to revenue	0	0.02	-100.00
graham number	0	1.8	-100.00
roic	None	0.14	NaN
return on tangible assets	None	0.13	NaN
graham net net	0	-0.06	100.00
working capital	84307000	52968000	59.17
tangible asset value	148232000	100756000	47.12
net current asset value	28915000	32442000	-10.87
invested capital	382502000	304060000	25.80
average receivables	80689500	78124500	3.28
average payables	32880500	41393000	-20.57
average inventory	5078000	5078000	0.00
days sales outstanding	0	35.07	-100.00
days payables outstanding	0	34.98	-100.00
days of inventory on hand	0	8.25	-100.00
receivables turnover	None	2.57	NaN
payables turnover	None	2.57	NaN
inventory turnover	0	10.91	-100.00
roe	None	0.15	NaN
capex per share	0	0.01	-100.00

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 0.00 on 2024-09-30 Q4 from 28.40 on 2024-03-31 Q2, representing a change of -100.00%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.26 on 2024-09-30 Q4 from 1.22 on 2024-03-31 Q2, representing a change of 3.75%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.16 on 2024-09-30 Q4 from 0.06 on 2024-03-31 Q2, representing a change of 183.81%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, 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) ⓘ

Negative Sentiment: Discounted Cash Flow value is 13.91 which is lower than current price 30.45, indicates the company may be overvalued.