Yahoo Finance An Examination Of Wi2Wi Corporation (CVE:YTY)
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Attractive stocks have exceptional fundamentals. In the case of Wi2Wi Corporation (CVE:YTY), there's is a company with great financial health as well as a a strong history of performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Wi2Wi here.
Flawless balance sheet with proven track record
YTY delivered a bottom-line expansion of 10% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did YTY outperformed its past performance, its growth also exceeded the Communications industry expansion, which generated a -22% earnings growth. This paints a buoyant picture for the company. YTY's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that YTY has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. YTY currently has no debt on its balance sheet. This means it is running its business only on equity capital funding, which is typically normal for a small-cap company. Investors’ risk associated with debt is virtually non-existent and the company has plenty of headroom to grow debt in the future, should the need arise.
Next Steps:
For Wi2Wi, I've compiled three fundamental factors you should further research:
Future Outlook: What are well-informed industry analysts predicting for YTY’s future growth? Take a look at our free research report of analyst consensus for YTY’s outlook.
Valuation: What is YTY worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether YTY is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of YTY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
