Beauty Debt Ratio from 2010 to 2024
| SKIN Stock | USD 1.39 0.10 6.71% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.79965515 | Current Value 0.87 | Quarterly Volatility 0.07697091 |
Check Beauty Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Beauty Health's main balance sheet or income statement drivers, such as Net Interest Income of 10 M, Depreciation And Amortization of 17.4 M or Interest Expense of 11.6 M, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0581 or PTB Ratio of 7.24. Beauty financial statements analysis is a perfect complement when working with Beauty Health Valuation or Volatility modules.
Beauty | Debt Ratio |
Latest Beauty Health's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Beauty Health Co over the last few years. It is Beauty Health's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Beauty Health's overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
|
Debt Ratio |
| Timeline |
Beauty Debt Ratio Regression Statistics
| Arithmetic Mean | 0.82 | |
| Geometric Mean | 0.82 | |
| Coefficient Of Variation | 9.34 | |
| Mean Deviation | 0.04 | |
| Median | 0.84 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.3698 | |
| R-Value | (0.22) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.05 | |
| Significance | 0.44 | |
| Slope | (0) | |
| Total Sum of Squares | 0.08 |
Beauty Debt Ratio History
Other Fundumenentals of Beauty Health
Beauty Health Debt Ratio component correlations
Click cells to compare fundamentals
About Beauty Health Financial Statements
Beauty Health investors utilize fundamental indicators, such as Debt Ratio, to predict how Beauty Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.80 | 0.87 | |
| Cash Flow To Debt Ratio | 0.03 | 0.03 |
Pair Trading with Beauty Health
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beauty Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beauty Health will appreciate offsetting losses from the drop in the long position's value.Moving against Beauty Stock
The ability to find closely correlated positions to Beauty Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beauty Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beauty Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beauty Health Co to buy it.
The correlation of Beauty Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beauty Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beauty Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Beauty Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Beauty Health Correlation against competitors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beauty Health. If investors know Beauty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beauty Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 2.783 | Quarterly Revenue Growth (0.19) | Return On Assets (0.06) | Return On Equity (0.38) |
The market value of Beauty Health is measured differently than its book value, which is the value of Beauty that is recorded on the company's balance sheet. Investors also form their own opinion of Beauty Health's value that differs from its market value or its book value, called intrinsic value, which is Beauty Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beauty Health's market value can be influenced by many factors that don't directly affect Beauty Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beauty Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beauty Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beauty Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.