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ADAMIS PHARMACEUTICL (ADMP) – Looking Into Adamis Pharmaceuticals’s Return On Capital Employed

ADAMIS PHARMACEUTICL (ADMP) – Looking Into Adamis Pharmaceuticals’s Return On Capital Employed

In Q2, Adamis Pharmaceuticals (NASDAQ: ADMP) posted sales of $3.93 million. Earnings were up 9.63%, but Adamis Pharmaceuticals still reported an overall loss of $11.25 million. Adamis Pharmaceuticals collected $4.66 million in revenue during Q1, but reported earnings showed a $10.26 million loss.

What Is ROCE?

Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company’s ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q2, Adamis Pharmaceuticals posted an ROCE of -0.49%.

Keep in mind, while ROCE is a good measure of a company’s recent performance, it is not a highly reliable predictor of a company’s earnings or sales in the near future.

ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Adamis Pharmaceuticals is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.

For Adamis Pharmaceuticals, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.

Q2 Earnings Insight

Adamis Pharmaceuticals reported Q2 earnings per share at $-0.15/share, which did not meet analyst predictions of $-0.08/share.

© 2020 Benzinga does not provide investment advice. All rights reserved.

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Small businesses born during coronavirus pandemic find exposure at new Capital Flea Market in Hartford

Small businesses born during coronavirus pandemic find exposure at new Capital Flea Market in Hartford

An entrepreneurial spirit has been stirring in the capital region as the economic wreckage of the pandemic gives way to new small businesses and now a flea market in Hartford to showcase them.

Most weekends since early September vendors from around the region have lined a little-used parking lot at Market and Trumbull streets downtown that’s now the site of the Capital Flea Market. Organized by Evenlyn Black, a 26-year-old mother of two with her own small business, the market is giving sellers much-needed exposure and shoppers a rare opportunity to browse and mingle outside.

“It’s basically a community for us to be able to thrive together,” said Black, who started planning the market after she was furloughed from her reception job at Waterbury Hospital. “With the pandemic, it’s hard. How am I going to get to the points and places I know I want to be if I only stay to myself?

While some of the vendors have been growing their small businesses for years, many have started new ventures or leaned into entrepreneurship as a result of losing work and income during the pandemic.

Mike Forrester, 32, and Drew Bailey, 33, still have their day jobs; Forrester works in construction, Bailey in IT. But three months ago, the national health crisis prompted the Hartford natives to start work on their longtime vision for an apparel company.

They started selling sweatshirts, soccer jerseys and hats with graphics of their brand, Double or Nothing — a slogan that means betting on yourself, investing in yourself, they said.

“We’ve given our time to other corporations and companies, and we want to get our own time back,” Bailey said.

Out of necessity, 51-year-old Brian Perry has done just that.

Early in the pandemic, the East Hartford man was laid off from his

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Small Business Lenders Should Seek New Ways To Keep Capital Flowing

Small Business Lenders Should Seek New Ways To Keep Capital Flowing

I am the SVP of Partner & Lender Strategy at Lendio, the largest marketplace for small business financing.

In early March, when the word “coronavirus” was still a whisper in the halls of Congress, I was returning from a business development meeting in California to pitch a prospective partner. 

With a new year and new goals fresh in our minds, it seemed almost impossible that a black swan event would change the face of business lending in just a few weeks’ time. Who could have predicted the extent of the crisis beginning to unfold?

Even for companies like mine, which already had a blueprint in place for operating during an economic downturn, this was a shock to the system. We’ve learned a few things since then, and while as an industry we remain cautious, we see this as an opportunity to improve our systems and remain agile.

Rapid Change Makes Lending Even Riskier

When the novel coronavirus forced businesses to shutter without warning, these businesses were suddenly unable to provide lenders guarantees about their ability to generate revenue. And without these guarantees, businesses can’t access the capital they need to survive.

Under normal circumstances in commercial lending, lenders’ ability to assess risk is often based on how a business performs financially over a period of time. Lenders must rely on steady data.

Now lenders are forced to weigh the risk of issuing lines of credit that will not be used for working capital, but instead, for survival. This rapid change has truly stifled lenders’ ability to assess risk; as a result, they may have trouble participating in lending.

Additionally, when businesses quickly became nonoperational, some also became unable to service their existing debts with lenders. As I spoke with our lending partners about their mounting concerns, one thing

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12 Business Ideas That Require Little Or No Startup Capital

12 Business Ideas That Require Little Or No Startup Capital

Business news,Business daily,Business ideas,Business insider,Business letter,Business line,Business plan,Business proposal,Business times,Business world,Online businessWhen selecting a enterprise thought, it’s smart to look at your strengths, ability set, and things you’re already keen about. When you’ve got expertise writing grants or are willing to learn to do it by practising your abilities with out pay for a number of non-profits, you can begin a profitable freelance grant writing business. Increasingly individuals are hiring professional organizers so as stop losing time and money due to the stress of on a regular basis disorganization. With steady income and a safe job, beginning an internet business is almost a no brainer.

This worksheet might be immensely helpful once you get via to Part 6, where we start to consider our ideas and seeing if they may float or not. There are three foremost standards that you have to be focusing on relating to assessing your online business concepts: profitability, risk, and interest. Advertising, social media evaluations, buyer lifetime loyalty — all of those are simpler when your product speaks for itself.

You may make it your on-line business’ most important discipline of labor by building and promoting area of interest websites once they are producing high month-to-month traffic. Quite a lot of us soar into an thought as a result of we’re passionate about it as a enterprise opportunity, solely to find out months, or generally years later, that this is just not a business that I enjoy running.

It may look like the entire good business ideas or one of the best small ideas have been taken, however they are not. Somewhat, they’ll begin on a consultancy-type basis by providing their companies and working arduous to attain results for his or her clientele, thus strengthening the overall prowess of their company. Dash cams are a kind of startup business ideas that’ll proceed to grow in popularity … Read the rest