Hitek Global Statistics
Total Valuation
Hitek Global has a market cap or net worth of $16.55 million. The enterprise value is -$3.03 million.
| Market Cap | 16.55M |
| Enterprise Value | -3.03M |
Important Dates
The next estimated earnings date is Saturday, May 25, 2024, after market close.
| Earnings Date | May 25, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hitek Global has 14.39 million shares outstanding. The number of shares has increased by 20.66% in one year.
| Shares Outstanding | 14.39M |
| Shares Change (YoY) | +20.66% |
| Shares Change (QoQ) | +9.36% |
| Owned by Insiders (%) | 59.91% |
| Owned by Institutions (%) | 1.19% |
| Float | 5.76M |
Valuation Ratios
The trailing PE ratio is 14.00.
| PE Ratio | 14.00 |
| Forward PE | n/a |
| PS Ratio | 3.53 |
| Forward PS | n/a |
| PB Ratio | 0.57 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 7.35, with a Debt / Equity ratio of 0.09.
| Current Ratio | 7.35 |
| Quick Ratio | 8.54 |
| Debt / Equity | 0.09 |
| Debt / EBITDA | 1.33 |
| Debt / FCF | n/a |
| Interest Coverage | 6.08 |
Financial Efficiency
Return on equity (ROE) is 5.00% and return on invested capital (ROIC) is 0.21%.
| Return on Equity (ROE) | 5.00% |
| Return on Assets (ROA) | 3.70% |
| Return on Capital (ROIC) | 0.21% |
| Revenue Per Employee | $95,078 |
| Profits Per Employee | $21,826 |
| Employee Count | 48 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 15.58 |
Taxes
In the past 12 months, Hitek Global has paid $546,885 in taxes.
| Income Tax | 546,885 |
| Effective Tax Rate | 34.30% |
Stock Price Statistics
| Beta (1Y) | n/a |
| 52-Week Price Change | n/a |
| 50-Day Moving Average | n/a |
| 200-Day Moving Average | n/a |
| Relative Strength Index (RSI) | 34.45 |
| Average Volume (30 Days) | 2,165,582 |
Short Selling Information
The latest short interest is 46,789, so 0.33% of the outstanding shares have been sold short.
| Short Interest | 46,789 |
| Short Previous Month | 37,944 |
| Short % of Shares Out | 0.33% |
| Short % of Float | 0.81% |
| Short Ratio (days to cover) | 0.12 |
Income Statement
In the last 12 months, Hitek Global had revenue of $4.56 million and earned $1.05 million in profits. Earnings per share was $0.08.
| Revenue | 4.56M |
| Gross Profit | 1.92M |
| Operating Income | 101,061 |
| Pretax Income | 1.59M |
| Net Income | 1.05M |
| EBITDA | 1.96M |
| EBIT | 1.91M |
| Earnings Per Share (EPS) | $0.08 |
Balance Sheet
The company has $21.76 million in cash and $2.61 million in debt, giving a net cash position of $19.15 million or $1.33 per share.
| Cash & Cash Equivalents | 21.76M |
| Total Debt | 2.61M |
| Net Cash | 19.15M |
| Net Cash Per Share | $1.33 |
| Equity / Book Value | 28.34M |
| Book Value Per Share | 1.97 |
| Working Capital | 21.41M |
Cash Flow
In the last 12 months, operating cash flow was -$61,912 and capital expenditures -$675,964, giving a free cash flow of -$737,876.
| Operating Cash Flow | -61,912 |
| Capital Expenditures | -675,964 |
| Free Cash Flow | -737,876 |
| FCF Per Share | -$0.06 |
Margins
Gross margin is 42.10%, with operating and profit margins of 2.21% and 22.96%.
| Gross Margin | 42.10% |
| Operating Margin | 2.21% |
| Pretax Margin | 34.94% |
| Profit Margin | 22.96% |
| EBITDA Margin | 43.00% |
| EBIT Margin | 41.82% |
| FCF Margin | -16.17% |
Dividends & Yields
Hitek Global does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -20.66% |
| Shareholder Yield | -20.66% |
| Earnings Yield | 6.50% |
| FCF Yield | -4.58% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Hitek Global has an Altman Z-Score of 2.85 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.85 |
| Piotroski F-Score | 3 |