It is interesting to note that NQ Mobile Inc. (NYSE:NQ) is active and made a solid movement in the last trading day. Now trading with a market value of 350.98M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. As the day-to-day narrative ebbs and flows for this company, it is more important than ever to step back and get a bird’s eye view of the fundamental reality under the surface of this story.
NQ Mobile Inc. (NYSE:NQ) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For NQ, the company currently has 91.47 million of cash on the books, which is offset by 9.36 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 854.27 million in total assets, balanced by 378.15 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
NQ Mobile Inc. (NQ) saw about -26.79 million in net operating cash flow.
NQ Mobile Inc. (NYSE:NQ) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 91.57 million in total revenues. That represents a quarterly year/year change in revenues of -0.27 in sequential terms, the NQ saw sales decline by 0.03.
But what about the bottom line? After all, that’s what really matters in the end. NQ Mobile Inc. (NQ) is intriguing when broken down to its core data. The cost of selling goods last quarter was 76.89 million, yielding a gross basic income of 14.68 million. For shareholders, given the total diluted outstanding shares of 99.43 million, this means overall earnings per share of -1.21.
Is NQ Mobile Inc. (NYSE:NQ) Valuation Attractive
One should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on NQ Mobile Inc..