Cohen Steers Current Debt
PTA Stock | USD 20.08 0.08 0.40% |
At present, Cohen Steers' Net Debt To EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Interest Debt Per Share is expected to grow to 0.60, whereas Short and Long Term Debt Total is forecasted to decline to about 526.2 M. With a high degree of financial leverage come high-interest payments, which usually reduce Cohen Steers' Earnings Per Share (EPS).
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
Cohen |
Cohen Steers Financial Rating
Cohen Steers Tax Advantaged financial ratings play a critical role in determining how much Cohen Steers have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Cohen Steers' borrowing costs.Piotroski F Score | 5 | Healthy | View |
Beneish M Score | (4.38) | Unlikely Manipulator | View |
Cohen Steers Total Assets Over Time
Cohen Steers Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Cohen Steers' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Cohen Steers, which in turn will lower the firm's financial flexibility.Cohen Short Long Term Debt Total
Short Long Term Debt Total |
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Understaning Cohen Steers Use of Financial Leverage
Cohen Steers' financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures Cohen Steers' total debt position, including all outstanding debt obligations, and compares it with Cohen Steers' equity. Financial leverage can amplify the potential profits to Cohen Steers' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if Cohen Steers is unable to cover its debt costs.
Last Reported | Projected for Next Year | ||
Short and Long Term Debt Total | 540.1 M | 526.2 M | |
Net Debt | -1.2 M | -1.1 M | |
Net Debt To EBITDA | 17.84 | 18.73 | |
Interest Debt Per Share | 0.57 | 0.60 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Cohen Steers Tax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cohen Steers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cohen Steers Tax Advantaged Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cohen Steers Tax Advantaged Stock:Check out the analysis of Cohen Steers Fundamentals Over Time. For information on how to trade Cohen Stock refer to our How to Trade Cohen Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Asset Management & Custody Banks 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 Cohen Steers. If investors know Cohen 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 Cohen Steers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.85 |
The market value of Cohen Steers Tax is measured differently than its book value, which is the value of Cohen that is recorded on the company's balance sheet. Investors also form their own opinion of Cohen Steers' value that differs from its market value or its book value, called intrinsic value, which is Cohen Steers' 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 Cohen Steers' market value can be influenced by many factors that don't directly affect Cohen Steers' 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 Cohen Steers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cohen Steers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohen Steers' 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.
What is Financial Leverage?
Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.Leverage and Capital Costs
The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.Benefits of Financial Leverage
Leverage provides the following benefits for companies:- Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
- It provides a variety of financing sources by which the firm can achieve its target earnings.
- Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.