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- Medical Equipment
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- NasdaqCM:NDRA
With A -93.74% Earnings Drop, Is ENDRA Life Sciences Inc's (NASDAQ:NDRA) A Concern?
Investors with a long-term horizong may find it valuable to assess ENDRA Life Sciences Inc's (NASDAQ:NDRA) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. Below is my commentary, albiet very simple and high-level, on how ENDRA Life Sciences is currently performing. Check out our latest analysis for ENDRA Life Sciences
How Well Did NDRA Perform?
To account for any quarterly or half-yearly updates, I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. This technique allows me to examine different companies on a similar basis, using the most relevant data points. For ENDRA Life Sciences, its most recent trailing-twelve-month earnings is -US$5.38M, which, against the prior year's level, has become more negative. Since these values may be relatively myopic, I have calculated an annualized five-year value for ENDRA Life Sciences's net income, which stands at -US$3.03M. This doesn't look much better, as earnings seem to have consistently been getting more and more negative over time.
What does this mean?
Though ENDRA Life Sciences's past data is helpful, it is only one aspect of my investment thesis. With companies that are currently loss-making, it is always difficult to forecast what will occur going forward, and when. The most useful step is to assess company-specific issues ENDRA Life Sciences may be facing and whether management guidance has steadily been met in the past. I suggest you continue to research ENDRA Life Sciences to get a better picture of the stock by looking at:
- 1. Financial Health: Is NDRA’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- 2. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
Valuation is complex, but we're here to simplify it.
Discover if ENDRA Life Sciences might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
About NasdaqCM:NDRA
ENDRA Life Sciences
Develops technologies to improve the capabilities of clinical diagnostic ultrasound.
Flawless balance sheet moderate.
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