MicroSalt (SALT) Share Price, News & Analysis

Company Overview

MicroSalt® produces a patented full-flavour, low-sodium salt for food manufacturers and consumers. MicroSalt is a major potential disruptor in the food market, thanks to its micron sized particles which deliver the same sense of saltiness to a wide range of foods but with approximately 50% less sodium. Excess sodium consumption is a significant contributor to cardiovascular disease and MicroSalt's solution meets the rising demand for healthier alternatives to traditional salt. The WHO has set a target for reducing global sodium intake by 30% by 2025, which it estimates will save 7 million lives by 2030. Each year, cardiovascular disease costs the UK £19 billion - if the average salt intake was reduced by one gram per day, it has been estimated that 4,147 lives and £288 million would be saved each year in the UK. As a nation, the UK consumes 183 million kilograms of salt each year, and 70% of the typical person's sodium intake is hidden in processed foods. Operational since 2018, MicroSalt uses a patent-protected technology which helps create high barriers to entry within the reduced-sodium salt market.

Key Stats

• Today's Range: 37 to 40
• 50-Day Range: 35.05 to 56
• 52-Week Range: 30.50 to 85
• Volume: 93,277 shs
• Average Volume: 89,448 shs
• Market Capitalization: £20.77 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: LON:SALT
• CIK: N/A
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX (11.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£12.56 million
• Net Margins: -159.39%
• Pretax Margin: N/A
• Return on Equity: -9,419.19%
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1,335.36
• Current Ratio: 2.92
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £2.07 million
• Price / Sales: 10.04
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 7.54 per share
• Price / Book: 4.91

Miscellaneous

• Outstanding Shares: 56,144,000
• Free Float: N/A
• Market Cap: £20.77 million
• Optionable: N/A
• Beta: 0.60