NovaBay Pharmaceuticals, Inc. (NBY) is a Biotechnology company in the Healthcare sector, currently trading at $1.88. It has a SharesGrow Score of 25/100, indicating a weak investment profile with 0 out of 7 criteria passed.
Valuation: NBY trades at a trailing Price-to-Earnings (P/E) of -0.3 (S&P 500 average ~25).
Net income is $22M (loss), growing at -46.9%/yr. Net profit margin is 0% (thin). Gross margin is 66.3% (+12.3 pp trend).
Balance sheet: total debt is $776,000 with negative equity of -$23M — this means total liabilities exceed total assets. This is a warning sign that may indicate accumulated losses, aggressive share buybacks, heavy debt financing, or aggressive dividend payouts. Companies like McDonald's and Starbucks also carry negative equity due to buybacks and dividends, but investors should assess whether the business generates sufficient cash flow to service its debt and sustain payouts. Current ratio is 7.6 (strong liquidity). Debt-to-assets is 8.6%. Total assets: $9M.
Analyst outlook: 2 / 5 analysts rate NBY as buy (40%) — mixed sentiment.
SharesGrow 7-Criteria breakdown: Value ?/100 (Fail), Growth 15/100 (Fail), Past 0/100 (Fail), Health 50/100 (Partial), Moat 50/100 (Partial), Future 20/100 (Fail), Income ?/100 (Fail).
